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Your Weekly Digest | 209

Valur Thrainsson
3 min read

Good morning,

Here below, you find the most recent and relevant competition and anti-trust news, blogs and journal publications over the last week.

Enjoy :)

Antitrust law: Google's defense against lawsuit? You | CNN
In its two decades, Google has amassed a dizzying amount of power, building a search and advertising behemoth that many critics believe is an illegal monopoly. But the fact you get most of Google's services for free, and that many people seem to prefer them over alternatives, could -— Google hopes — save it from a landmark federal lawsuit challenging that alleged monopoly. 

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U.S. files antitrust suit alleging inflated real estate agent fees |
The United States has filed an antitrust suit against the National Association of Realtors that could upend the way we buy and sell homes by changing the way buyer agents are compensated.

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The CMA is consulting on updated guidelines about its approach to analysing mergers. Read more.
Following a request from the CMA, the European Commission has referred the proposed merger of Virgin Media and Virgin Mobile with O2 to the CMA for investigation. Read more.
ANALYSIS: Is Antitrust Litigation at a Crossroads in 2021? | Bloomberg Law
Antitrust litigation could be entering a period of serious upheaval, marked by possible new tools for enforcers, pending Supreme Court cases that could kick the FTC out of the consumer redress business, the court battle over restricting the right to bring class actions, and the rise of more enforcers worldwide.
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Germán Gutiérrez & Thomas Philippon
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals. Read more.
Herbert Hovenkamp
The 2020 Vertical Merger Guidelines produced by the antitrust enforcement agencies introduce a nontechnical application of bargaining theory into the assessment... Read more.
Wouter P. J. Wils
This paper deals with the publication by the European Commission of its decisions adopted in the enforcement of the competition rules laid down in Articles 101 and 102 TFEU (antitrust decisions). The paper examines the legal basis of such publication and the interests justifying publication; what content of the decision must be published, may be published and cannot be published; the procedure and timing of the publication; and the relationship with public access to documents. Read more.
Wolfgang Briglauer, Niklas Dürr and Klaus Gugler
  • We employ an unbalanced panel for all 401 German counties for 2010-2015
  • We estimate GDP effects of broadband bandwidth within and across counties
  • An increase in bandwidth by 1 Mbit/sec increases regional GDP by 0.18%
  • This effect is almost doubled when including regional externalities (0.31%)
  • Total benefits of broadband expansion outweigh past funding expenses
Mustafa Karakaplan and Levent Kutlu
We present a maximum likelihood based composed error model to estimate market powers of firms. In our model, the stochastic part of the supply relation includes... Read more.
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