Corporate & Securities Law

Competing with Costco and Sam's Club: Warehouse Club Entry and Grocery Prices

Posted on April 01, 2011
Posted by D. Daniel Sokol Charles Courtemanche, University of North Carolina (UNC) at Greensboro - Department of Economics Art Carden, Rhodes College have written on Competing with Costco and Sam's Club: Warehouse Club Entry and Grocery Prices. ABSTRACT: Research shows...

How do Incumbents Fare in the Face of Increased Service Competition?

Posted on April 01, 2011
Posted by D. Daniel Sokol Ryan W. Buell, Harvard Business School, Dennis Campbell, Harvard Business School, and Frances X. Frei, Harvard Business School ask How do Incumbents Fare in the Face of Increased Service Competition? ABSTRACT: We explore the conditions...

Driving Innovation: A Case for Targeted Competition Policy in Dynamic Markets

Posted on April 01, 2011
Posted by D. Daniel Sokol Jonathan Galloway, Newcastle Law School has written on Driving Innovation: A Case for Targeted Competition Policy in Dynamic Markets. ABSTRACT: Innovation consists of new ideas, methods and products and together they drive economic growth and...

Why Copperweld Was Actually Kind of Dumb: Sound, Fury, and the Once and Still Missing Antitrust Theory of the Firm?

Posted on March 31, 2011
Posted by D. Daniel Sokol Chris Sagers, Cleveland State University - Cleveland-Marshall College of Law has written Why Copperweld Was Actually Kind of Dumb: Sound, Fury, and the Once and Still Missing Antitrust Theory of the Firm? ABSTRACT: Since even...

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Platform Competition Under Asymmetric Information

Posted on March 31, 2011
Posted by D. Daniel Sokol Hanna Halaburda, Harvard Business School and Yaron Yehezkel, Tel Aviv University - Eitan Berglas School of Economics address Platform Competition Under Asymmetric Information. ABSTRACT: In the context of platform competition in a two-sided market, we...

WHEN IS INTELLECTUAL PROPERTY NEEDED AS A CARROT FOR INNOVATORS?

Posted on March 31, 2011
Posted by D. Daniel Sokol Christoph Engel (Max Planck) asks WHEN IS INTELLECTUAL PROPERTY NEEDED AS A CARROT FOR INNOVATORS? ABSTRACT: Policymakers all over the world claim that there can be no innovation without protection. For more than a century,....

Trade Secrets and Antitrust Law

Posted on March 31, 2011
Posted by D. Daniel Sokol Harry First, New York University (NYU) - School of Law has published Trade Secrets and Antitrust Law. ABSTRACT:The antitrust treatment of trade secrets has remained largely hidden, with trade secrets today being viewed as simply...

Universidad Di Tella - Programa Avanzado en Defensa de la Competencia

Posted on March 30, 2011
Posted by D. Daniel Sokol The School of Government of Di Tella University in Argentina will have an advanced competition course in July. I know that if I could go, there is no place I would rather be than in...

IBC Legal's 13th annual residential EU Competition Law Summer School

Posted on March 30, 2011
Posted by D. Daniel Sokol The ultimate guide to European competition law: IBC Legal's 13th annual residential EU Competition Law Summer School, a unique training course and conference Gain a complete A-Z of EU competition law at the industry leading....

Rewarding innovation efficiently: Research spill-overs and exclusive IP rights

Posted on March 30, 2011
Posted by D. Daniel Sokol Vincenzo Denicol (Indira Gandhi Institute of Development Research) and Luigi A. Franzoni (Indira Gandhi Institute of Development ResearchInstitute of Economic Growth) address Rewarding innovation efficiently: Research spill-overs and exclusive IP rights...

JUST ONE OF US: CONSUMERS PLAYING OLIGOPOLY IN MIXED MARKETS

Posted on March 30, 2011
Posted by D. Daniel Sokol Marco Marini, University of Urbino ?Carlo Bo? and Alberto Zevi, University of Roma ?La Sapienza? discuss JUST ONE OF US: CONSUMERS PLAYING OLIGOPOLY IN MIXED MARKETS. ABSTRACT: Consumer cooperatives constitute a highly successful example of...

The Profitability of Small Horizontal Mergers with Nonlinear Demand Functions

Posted on March 30, 2011
Posted by D. Daniel Sokol Hamideh Esfahani and Luca Lambertini (both Department of Economics, University of Bologna) explain The Profitability of Small Horizontal Mergers with Nonlinear Demand Functions. ABSTRACT: We want to take a differential game approach with price dynamics...

What is Higher? HHI of Presumptively Anti-competitive Mergers or Caloric Intake at the ABA Antitrust Spring Meeting

Posted on March 30, 2011
Posted by D. Daniel Sokol My goodness. One can get the daily caloric intake of an elephant in just one sitting for breakfast receptions that firms are putting on for the Spring Meeting and lunch and dinner are yet to...

Refusal to Supply and Margin Squeeze: A Discussion of Why the 'Telefonica Exceptions' are Wrong

Posted on March 30, 2011
Posted by D. Daniel Sokol Damien Geradin, Tilburg University - Tilburg Law and Economics Center (TILEC), University of Michigan Law School explores Refusal to Supply and Margin Squeeze: A Discussion of Why the 'Telefonica Exceptions' are Wrong. ABSTRACT: In its...

Judicial Review in European Union Competition Law: A Quantitative and Qualitative Assessment

Posted on March 29, 2011
Posted by D. Daniel Sokol Damien Geradin, Tilburg University - Tilburg Law and Economics Center (TILEC), University of Michigan Law School and Nicolas Petit, University of Liege have posted Judicial Review in European Union Competition Law: A Quantitative and Qualitative...

Patent Value Apportionment Rules for Complex, Multi-Patent Products

Posted on March 29, 2011
Posted by D. Daniel Sokol Damien Geradin, Tilburg University - Tilburg Law and Economics Center (TILEC), University of Michigan Law School and Anne Layne-Farrar, Law and Economics Consulting Group (LECG) address Patent Value Apportionment Rules for Complex, Multi-Patent Products...

Standardization and Markets: Just Exactly Who is the Government, and Why Should Antitrust Care?

Posted on March 29, 2011
Posted by D. Daniel Sokol Chris Sagers, Cleveland State University - Cleveland-Marshall College of Law has posted Standardization and Markets: Just Exactly Who is the Government, and Why Should Antitrust Care? ABSTRACT: We take for granted that the basic choice...

20th annual Advanced EU Competition Law, London

Posted on March 29, 2011
Posted by D. Daniel Sokol 20th annual Advanced EU Competition Law, London conference Prof Richard Whish, Dr Cristina Caffarra and Sir Christopher Bellamy QC are chairing and will be joined by 23 competition and policy experts to ensure that in...

Pivotal Suppliers and Market Power in Experimental Supply Function Competition

Posted on March 29, 2011
Posted by D. Daniel Sokol Jordi Brandts, Instituto de Analisis Economico (CSIC) Barcelona, Stanley S. Reynolds, University of Arizona - Department of Economics, and Arthur J. H. C. Schram, University of Amsterdam - Faculty of Economics and Business (FEB), Tinbergen...

The Welfare Effects of Third-Degree Price Discrimination in a Differentiated Oligopoly

Posted on March 28, 2011
Posted by D. Daniel Sokol Takanori Adachi, School of Economics, Nagoya University and Noriaki Matsushima, Institute of Social and Economic Research, Osaka University discuss The Welfare Effects of Third-Degree Price Discrimination in a Differentiated Oligopoly...

Escaping Effects Analysis: The Commission's New Approach to Restrictions by Object

Posted on March 28, 2011
Posted by D. Daniel Sokol Lars Kjølbye (Covington & Burling) discusses Escaping Effects Analysis: The Commission's New Approach to Restrictions by Object. ABSTRACT: The Commission must be commended for having issued new Guidelines on horizontal cooperation agreements that, in terms...

Driving Innovation: A Case for Targeted Competition Policy in Dynamic Markets

Posted on March 28, 2011
Posted by D. Daniel Sokol Jonathan Galloway, Newcastle Law School explains Driving Innovation: A Case for Targeted Competition Policy in Dynamic Markets. ABSTRACT: Innovation consists of new ideas, methods and products and together they drive economic growth and deliver benefits...

The Transformation of American Energy Markets and the Problem of Market Power

Posted on March 28, 2011
Posted by D. Daniel Sokol David B. Spence, University of Texas at Austin - Department of Business, Government and Society and Robert A. Prentice, University of Texas at Austin - McCombs School of Business describe The Transformation of American Energy...

Spring Meeting - Here I Come

Posted on March 28, 2011
Posted by D. Daniel Sokol If you live under a rock, then you are not aware of the best practitioner conference in the US in any given year - the ABA Antitrust Spring Meeting. For the rest of you, this...

Lessons from the Financial Crisis

Posted on March 28, 2011
Posted by D. Daniel Sokol Maurice Stucke (Tennessee Law) provides Lessons from the Financial Crisis. ABSTRACT: What lessons can we learn from the financial crisis concerning the issues of systemic risk, firms too big to fail, and the income inequality...

Merger control a view from the departure lounge

Posted on March 27, 2011
Posted by D. Daniel Sokol Phil Collins (Competition Commission) has a speech up on Merger control a view from the departure lounge.

Best Wishes to Tim Muris on His Move to Kirkland & Eillis

Posted on March 27, 2011
Posted by D. Daniel Sokol Tim Muris, one of the leading antitrust professors and practitioners in the world, is moving a chunk of his antitrust team from O'Melvany to Kirkland & Ellis. I have not yet seen a press release...

Interlocking Directorates Handbook

Posted on March 26, 2011
Posted by D. Daniel Sokol Interlocking Directorates Handbook This is a new handbook on Section 8 of the Clayton Act. This new Handbook provides history, background, and practical guidance on the application of Section 8 of the Clayton Act, which...

CC & OFT publish quick guide on merger assessment

Posted on March 25, 2011
Posted by D. Daniel Sokol The CC and OFT have published a quick guide on merger assessment.

Some Observations on the Treatment of Standardization Agreements in the EC Guidelines on Horizontal Cooperation Agreements

Posted on March 25, 2011
Posted by D. Daniel Sokol Mathew Heim (Qualcomm) offers Some Observations on the Treatment of Standardization Agreements in the EC Guidelines on Horizontal Cooperation Agreements. ABSTRACT: Guidelines issued by the European Commission can provide an important complement to the modernization...

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