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Your Weekly Digest | Issue 250

Valur Thrainsson
5 min read

Welcome to CompetitionFeed, a weekly newsletter with the most recent and relevant competition and anti-trust news, blogs and journal publications. Never miss an update. If you’d like to receive issues over email, you can sign-up here.

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

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CMA stresses ‘the serious and flagrant nature’ of the company’s failure to respect an order in the agency’s merger probe. Read more.
The competition watchdog has ordered Morrisons to stay operationally independent while it considers whether to launch an investigation into the supermarket’s recent £7 billion private equity takeover. The Competition and Markets Authority (CMA) published an initial enforcement notice this morning, which prohibits Morrisons buyer Clayton Dubilier & Rice (CD&R) from integrating the supermarket chain with its businesses. The CMA said an initial enforcement order was standard practice in a deal of this size. Read more.
Facebook documents offer a treasure trove for Washington’s antitrust war | POLITICO
Documents collected by whistleblower Frances Haugen could give the company "a lot to regret" in its fights to prove it's not a monopoly. 
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ACCC wants all Android devices to have dedicated screen for choosing search engines | ZDNet

Australia's competition watchdog wants Google to provide a dedicated 'choice screen' to allow users to choose which search engine they want to use, after finding over a third of consumers don't know how to change default browsers on smartphones.

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The Federal Trade Commission announced that it is restoring its long-established practice of routinely restricting future acquisitions for merging parties that pursue anticompetitive mergers. Read more.
This lecture gives an insight into the Digital Markets Unit's (DMU) first months in operation and how regulatory and competition policy in this critical area will be developed. Read more.
Today, Canada’s Commissioner of Competition, Matthew Boswell, championed the power of competition in building a more prosperous Canada at the Canadian Bar Association Fall Symposium. Read more.
The FTC’s very young new boss thinks corporations such as Facebook are abusing their power. To fight them, she’s consolidating some clout of her own. Read more.
Why do digital industries routinely lead to one company having a very large share of the market (at least if one defines markets narrowly)? To anyone familiar with competition policy discussions, the answer might seem obvious: network effects, scale-related economies, and other barriers to entry lead to winner-take-all dynamics in platform industries. Accordingly, it is... Read more.
During this webinar, you will hear from top economists on the latest developments in the antitrust debate in Congress and hear about the roots of the economic theory driving this discussion. Featuring prominent economists Carl Shapiro and Luigi Zingales. Watch.
Last Friday, October 22, a coalition of US States led by Texas released an unredacted version of the amended complaint filed against Google over its ad tech business, after a federal judge in New … Read more.
Juri Demuth, Hans W. Friederiszick and Steffen Reinhold
After earlier waves of privatization, local governments have increasingly taken back control of local service provisions in some sectors and countries and instead started providing those services themselves (reverse privatization). Using a unique panel dataset on the mode of service provision for solid waste collection for German municipalities that cover the years 2003, 2009, and 2015, we investigate the motives for reverse privatization. Our results show that—in deciding whether to insource or not—municipalities react to the cost advantages of private suppliers as well as to the competitive environment and municipal activity: there is more switching to insourcing in concentrated markets and in markets with horizontally or vertically related public services. Local interest groups influence this decision as well. Read more.
Gianni De Stefano and Andreas Stephan
This paper undertakes a qualitative analysis of the relationship between EU cartel enforcement in the chemical industry in the period 1997-2010 and compliance measures announced in the Annual Reports of the undertakings involved. It goes on to focus on Akzo Nobel NV’s unique use of an internal amnesty programme, and the level of compliance in the industry following this period of enforcement. Its findings are consistent with cartel enforcement prompting significant investment in compliance measures, with some evidence of those measures resulting in the earlier reporting of cartels in return for leniency and in enforcement action against only one hard core cartel in the decade that followed. Read more.
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Kind regards, Valur Þráinsson, Founder of CompetitionFeed.com. Email: valur@competitionfeed.com
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