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Your Weekly Digest | Issue 110

Valur Thrainsson
2 min read

Good morning,

Here below you find the most read articles on CompetitionFeed over the last week.


REUTERS

U.S. Justice Department teams up with states on probe of Big Tech firms

The U.S. Justice Department is working with a group of more than a dozen state attorneys general as it moves forward with a broad investigation into major technology companies, the department’s antitrust chief, Makan Delrahim, said on Tuesday. Read More.

REUTERS

Facebook's Libra faces EU antitrust probe: Bloomberg

Facebook Inc’s (FB.O) proposed digital currency Libra faces anti-trust probe by European Union regulators, Bloomberg reported on Tuesday, citing a document seen by the organization.Read More.

COFECE

Penalty to the Cancun Airport for refusal of treatment in the taxi service market

El Pleno de la Comisión Federal de Competencia Económica (COFECE o Comisión) resolvió que el Aeropuerto de Cancún, S.A. de C.V. (Aeropuerto) cometió una práctica monopólica relativa, conocida como negativa de trato, a través de la cual impidió que nuevos participantes entraran al mercado de autotransporte federal de pasajeros (taxi) con origen en el Aeropuerto Internacional de Cancún (AIC). Por ello le impuso una multa de 72 millones 540 mil pesos. Read More.

Commerce Commission New Zealand

Commission releases draft report on retail fuel market competition

The Commerce Commission has identified several factors it considers are affecting competition in New Zealand’s retail fuel market, which may mean consumers are currently paying higher pump prices for petrol and diesel than could be expected in a competitive market. Read More.



Retail Leader

Top 10 Antitrust Issues in CPG Mergers

Most consumer packaged goods transactions close without antitrust issues. But a 2018 lawsuit filed by the Federal Trade Commission (FTC) to block a deal that would have combined two branded cooking oils is a reminder that antitrust concerns can delay, or even stop, CPG deals from happening. Read More.



Truth on the Market

A Regulatory Failure of Imagination

Underpinning many policy disputes is a frequently rehearsed conflict of visions: Should we experiment with policies that are likely to lead to superior, but unknown, solutions, or should we should stick to well-worn policies, regardless of how poorly they fit current circumstances? Read More.



LEXOLOGY

Music to regulators' ears? Antitrust, RPM, and AI

This month, the UK Competition and Markets Authority (CMA) fined Casio Electronics (the UK-based unit of Casio Computer) GBP 3.7 million for its actions in dictating minimum prices to online retailers of its electronic pianos and keyboards. Read More.



Review of Industrial Organization

Static or Dynamic Efficiency: Horizontal Merger Effects in the Wireless Telecommunications Industry

M. Grajek, K. Gugler, T. Kretschmer and I. Mişcişin
This paper studies five mergers in the European wireless telecommunication industry and analyzes their impact on prices and capital expenditures of both merging carriers and their rivals. Read More.

NBER Working Papers

Exploitation of Labor? Classical Monopsony Power and Labor's Share

Wyatt Brooks, Joseph Kaboski, Yao Li and Wei Qian
How important is the exercise of classical monopsony power against labor for the level of wages and labor's share? We examine this in the context of China and India – two large, rapidly-growing developing economies.Read More.

Working Papers from Banco de Portugal

What is the Impact of Increased Business Competition?

Sónia Félix and Chiara Maggi
This paper studies the impact of a structural reform that reduces entry costs for firms. We provide novel empirical evidence on the response of firms’ entry, employment, and exit behavior.Read More.

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