Corporate & Securities Law

Welfare and Pricing of Mail in a Communications Market

Posted on June 18, 2010
Posted by D. Daniel Sokol Philippe De Donder (Toulouse School of Economics), Helmuth Cremer (Toulouse School of Economics), Paul Dudley (Royal Mail Group) and Frank Rodriguez (Oxera) discuss Welfare and Pricing of Mail in a Communications Market. ABSTRACT: We build...

Vertical Agreements: New Competition Rules for the Next Decade

Posted on June 18, 2010
Posted by D. Daniel Sokol Magdalena Brenning-Louko, Andrei Gurin, Luc Peeperkorn, & Katja Viertiö (DG Comp) provide an overview of Vertical Agreements: New Competition Rules for the Next Decade. ABSTRACT: On 20 April 2010 the Commission adopted a new Block...

Oligopoly and price transmission in Turkey's fluid milk market

Posted on June 18, 2010
Posted by D. Daniel Sokol Hasan Tekguc, Department of Economics, University of Massachusetts Amherst has some findings on Oligopoly and price transmission in Turkey's fluid milk market. ABSTRACT: Farmers and consumers suspect that processing firms abuse their power in the...

Backward Compatibility to Sustain Market Dominance ? Evidence from the US Handheld Video Game Industry

Posted on June 18, 2010
Posted by D. Daniel Sokol Jörg Claussen Tobias Kretschmer Thomas Spengler (all ICE, LMU Munich) have a new paper on Backward Compatibility to Sustain Market Dominance ? Evidence from the US Handheld Video Game Industry. ABSTRACT: The introduction of a...

To access this complete feed in the blog feed reader login or register for free.

Mobile Termination and Mobile Penetration

Posted on June 18, 2010
Posted by D. Daniel Sokol Sjaak Hurkensy (Institute for Economic Analysis (CSIC) and IESE) and Doh-Shin Jeon (Toulouse School of Economics and Universitat Pompeu Fabra) explain Mobile Termination and Mobile Penetration. ABSTRACT: In this paper, we study how access pricing...

New Chambers USA Rankings Are Out - Florida Antitrust Elite Edition

Posted on June 17, 2010
Posted by D. Daniel Sokol Antitrust: Florida Band 1 Richard Arnold(Kenny Nachwalter PA) William Blechman(Kenny Nachwalter PA) Chris S Coutroulis(Carlton Fields, P.A.) Jerome Hoffman(Holland & Knight LLP) Hal Litchford(Litchford & Christopher) Scott Perwin(Kenny Nachwalter PA) Keith Rounsaville(Litchford & Christopher) Lawrence...

The Impact of Mergers on the Degree of Competition in the Banking Industry

Posted on June 17, 2010
Posted by D. Daniel Sokol Vittoria Cerasi (Department of Statistics, Bicocca University), Barbara Chizzolini (Department of Economics, Bocconi University) and Marc Ivaldi (Toulouse School of Economics) provide some empirical answers on The Impact of Mergers on the Degree of Competition...

Retail Price Regulation and Innovation: Reference Pricing in the Pharmaceutical Industry

Posted on June 17, 2010
Posted by D. Daniel Sokol D. Bardey (University of Rosario (Bogota) and Toulouse School of Economics), A. Bommier (Toulouse School of Economics), and B. Jullien (Toulouse School of Economics) explain Retail Price Regulation and Innovation: Reference Pricing in the Pharmaceutical...

Does Competition Among Medicare Advantage Plans Matter?: An Empirical Analysis of the Effects of Local Competition in a Regulated Environment

Posted on June 17, 2010
Posted by D. Daniel Sokol Abe Dunn (Economist, Antitrust Division, U.S. Department of Justice) asks Does Competition Among Medicare Advantage Plans Matter?: An Empirical Analysis of the Effects of Local Competition in a Regulated Environment. ABSTRACT: The regulatory oversight of...

Maurice Stucke is renting his house in Knoxville for the fall 2010

Posted on June 17, 2010
Posted by D. Daniel Sokol Maurice Stucke (behavioral antitrust law prof maven) and family will be in China in the fall. They are looking to rent their house in Knoxville, TN. He promises me a case of beer if someone...

Economic Effects of State Bans on Direct Manufacturer Sales to Car Buyers

Posted on June 17, 2010
Posted by D. Daniel Sokol Gerald R. Bodisch (Economic Analysis Group, Antitrust Division, U.S. Department of Justice) has an interesting paper on the Economic Effects of State Bans on Direct Manufacturer Sales to Car Buyers. ABSTRACT: State franchise laws prohibit...

Why Prices Rise Faster than they Fall

Posted on June 16, 2010
Posted by D. Daniel Sokol Sheldon Kimmel (Economic Analysis Group, Antitrust Division, U.S. Department of Justice) explains Why Prices Rise Faster than they Fall. ABSTRACT: For decades the fact that input price hikes are passed on faster than input price...

New Chambers USA Rankings Are Out - California Elite Edition

Posted on June 16, 2010
Posted by D. Daniel Sokol Antitrust: California Band 1Gibson, Dunn & Crutcher LLPLatham & Watkins LLP Band 2Jones DayO'Melveny & Myers LLP Band 3Arnold & Porter LLPBingham McCutchen LLPBlecher & CollinsMorrison & Foerster LLPMunger, Tolles & Olson LLPSheppard, Mullin, Richter...

Foreclosing Competition through Access Charges and Price Discrimination

Posted on June 16, 2010
Posted by D. Daniel Sokol Angel Lopez (Public-Private Sector Research Center, IESE Business School) and Patrick Rey (Toulouse School of Economics) explain Foreclosing Competition through Access Charges and Price Discrimination. ABSTRACT: This article analyzes competition between two asymmetric networks, an...

Who Are You Calling Irrational? Marginal Costs, Variable Costs, and the Pricing Practices of Firms

Posted on June 16, 2010
Posted by D. Daniel Sokol Russell Pittman (Director of Economic Research, Economic Analysis Group, Antitrust Division, U.S. Department of Justice) asks Who Are You Calling Irrational? Marginal Costs, Variable Costs, and the Pricing Practices of Firms...

Empirical Evidence on the Role of Non Linear Wholesale Pricing and Vertical Restraints on Cost Pass-Through

Posted on June 16, 2010
Posted by D. Daniel Sokol Celine Bonnet (Toulouse School of Economics), Pierre Dubois (Toulouse School of Economics) and Sofia B. Villas Boas (Berkeley) provide Empirical Evidence on the Role of Non Linear Wholesale Pricing and Vertical Restraints on Cost Pass-Through...

Quantification of Damages in Exclusionary Practice Cases

Posted on June 16, 2010
Posted by D. Daniel Sokol Paolo Buccirossi (Lear) provides an explanation of Quantification of Damages in Exclusionary Practice Cases. ABSTRACT: In order to make better use of economic tools in assessing damages resulting from exclusionary conduct there needs to be...

Explaining the Importance of Public Choice for Law

Posted on June 16, 2010
Posted by D. Daniel Sokol I have a book review forthcoming in the Michigan Law Review. The piece is titled Explaining the Importance of Public Choice for Law. ABSTRACT: The next generation of government officials, business leaders and members of...

Antitrust Merger Enforcement Was Not Weaker Under Bush

Posted on June 16, 2010
Posted by D. Daniel Sokol I have just posted my forthcoming article,Antitrust, Institutions, and Merger Control. In it, I have a broad discussion on institutional analysis in antitrust across domestic and international institutions and across public and private rights...

New Chambers USA Rankings Are Out - NY Elite Edition

Posted on June 15, 2010
Posted by D. Daniel Sokol Antitrust: New York Band 1Cravath, Swaine & Moore LLPDavis Polk & Wardwell LLPSimpson Thacher & Bartlett LLPSkadden, Arps, Slate, Meagher & Flom LLP & Affiliates Band 2Axinn, Veltrop & Harkrider LLPShearman & Sterling LLPSullivan &...

Managerial Effort Incentives and Market Collusion

Posted on June 15, 2010
Posted by D. Daniel Sokol Cécile Aubert (University of Bordeaux and Toulouse School of Economics) explains Managerial Effort Incentives and Market Collusion. ABSTRACT: We investigate the interactions between managers? incentives to collude or compete, and incentives to exert effort...

Competition in two-sided markets with common network externalities

Posted on June 15, 2010
Posted by D. Daniel Sokol David Bardey (University of Rosario, Bogota), Helmuth Cremer (Toulouse School of Economics) and Jean-Marie Lozachmeur (Toulouse School of Economics) offer their thoughts on Competition in two-sided markets with common network externalities...

The value of switching costs

Posted on June 15, 2010
Posted by D. Daniel Sokol Gary Biglaiser (UNC Chapel Hill), Jacques Cremer (Toulouse School of Economics) and Gergely Dobos (Gazdasagi Versenyhivatal) explore The value of switching costs. ABSTRACT: We study the consequences of heterogeneity of switching costs in a dynamic...

Competition and the signaling role of prices

Posted on June 15, 2010
Posted by D. Daniel Sokol Fabrizio Adriani (CeFiMS - School of Oriental and African Studies) and Luca Gabriele Deidda (University of Sassari) analyze Competition and the signaling role of prices. ABSTRACT: In a market where sellers are heterogeneous with respect...

Competition versus Collusion: The Impact of Consumer Inertia

Posted on June 14, 2010
Posted by D. Daniel Sokol Bos Iwan (Department of Organization & Strategy, Maastricht University), Peeters Ronald (Department of Economics, Maastricht University), and Pot Erik (Department of Quantitative Economics, Maastricht University) consider Competition versus Collusion: The Impact of Consumer Inertia...

On-line reselling and selective distribution networks: What can be learnt from the French experience?

Posted on June 14, 2010
Posted by D. Daniel Sokol Robert Saint-Esteben, Olivier Billard, and Karin-Amélie Jouvensal (Avocats à la Cour, Bredin Prat) ask On-line reselling and selective distribution networks: What can be learnt from the French experience? ABSTRACT: The European Commission is reviewing the...

The Entry Incentives of Complementary Producers: A Simple Model with Implications for Antitrust Policy

Posted on June 14, 2010
Posted by D. Daniel Sokol Juan S. Lleras (University of California, Berkeley) and Nathan H. Miller (Economic Analysis Group, Antitrust Division, U.S. Department of Justice) have produced The Entry Incentives of Complementary Producers: A Simple Model with Implications for Antitrust...

A Doctor and a Lawyer Walk into a Bar: Moving Beyond Stereotypes

Posted on June 14, 2010
Posted by D. Daniel Sokol John Leibowitz (FTC) gave a speech on A Doctor and a Lawyer Walk into a Bar: Moving Beyond Stereotypes. HT: Seth Silber

Bundling and Competition for Slots: Sequential Pricing

Posted on June 14, 2010
Posted by D. Daniel Sokol Doh-Shin Jeony (Toulouse School of Economics, Universitat Pompeu Fabra) and Domenico Menicucci (Università degli Studi di Firenze) address Bundling and Competition for Slots: Sequential Pricing. ABSTRACT: In this paper we study, as in Jeon-Menicucci (2009),...

Bundling and Competition for Slots: On the Portfolio Effects of Bundling

Posted on June 14, 2010
Posted by D. Daniel Sokol Doh-Shin Jeony (Toulouse School of Economics, Universitat Pompeu Fabra) and Domenico Menicucci (Università degli Studi di Firenze) discuss Bundling and Competition for Slots: On the Portfolio Effects of Bundling. ABSTRACT: We consider competition among sellers...

Bloggers, promote your law blog by nominating your blog for inclusion in USLaw.com's Law Blog Directory and RSS Reader. Benefits described.