Here below you find the most read articles on CompetitionFeed over the last week.
A divided U.S. Supreme Court on Monday gave the go-ahead to an antitrust lawsuit accusing Apple Inc of forcing consumers to overpay for iPhone software applications, a decision that could lead to billions of dollars in damages and put at risk the company’s lucrative way of selling apps. Read More.
The European Commission has opened a formal antitrust investigation into Insurance Ireland to assess whether the conditions of access to its Insurance Link data pooling system may restrict competition, in breach of EU rules. Read More.
Commission fines Barclays, RBS, Citigroup, JPMorgan and MUFG €1.07 billion for participating in foreign exchange spot trading cartel
In two settlement decisions, the European Commission has fined five banks for taking part in two cartels in the Spot Foreign Exchange market for 11 currencies - Euro, British Pound, Japanese Yen, Swiss Franc, US, Canadian, New Zealand and Australian Dollars, and Danish, Swedish and Norwegian crowns. Read More.
Persistent myths in competition law (I): ‘the pro-competitive aspects of an agreement can only be considered under Article 101(3) TFEU’
EU competition law keeps busy a growing number of officials, practitioners and academics. Read More.
Adam Grant, organizational psychologist at The Wharton School, argues that individuals and companies alike can benefit from having rivals. Read More.
The first quarter of 2019 proved to be as active as ever for antitrust regulators in both the United States and Europe. Read More.
Last week the Senate Judiciary Committee held a hearing, Intellectual Property and the Price of Prescription Drugs: Balancing Innovation and Competition, that explored whether changes to the pharmaceutical patent process could help lower drug prices. Read More.
Tommaso M. Valletti and Hans Zenger
We argue that structural increases in firms’ pricing power call for a pro-active assessment of potential competition cases and increased vigilance when reviewing horizontal concentrations more generally. Read More.
The aim of this paper is to discuss two issues concerning the antitrust prohibition of excessive pricing by dominant firms. Read More.
Wouter P. J. Wils
At the end of 2018, the European Parliament and Council adopted Directive (EU) 2019/1, often referred to as the 'ECN+ Directive', which, among other things, contains provisions ensuring the independence of the competition authorities of the EU Member States (national competition authorities or NCAs), which are, together with the European Commission, responsible for the enforcement of the EU antitrust rules laid down in Articles 101 and 102 TFEU. Read More.
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