Corporate & Securities Law

Save the Date: Global Competition Law and Practice Conference, November 19, 2010, Taj Mahal Hotel, Man Singh Road, New Delhi, India

Posted on June 14, 2010
Posted by D. Daniel Sokol Save the Date Global Competition Law and Practice Conference November 19, 2010 Taj Mahal Hotel, Man Singh Road New Delhi, India Conference Co-organizers: Ioannis Lianos (University College London) and Daniel Sokol (University of Florida) Details,...

New Chambers USA Rankings Are Out - DC Elite Edition

Posted on June 14, 2010
Posted by D. Daniel Sokol Antitrust: District of Columbia Band 1Arnold & Porter LLPCleary Gottlieb Steen & Hamilton LLPJones Day Band 2Gibson, Dunn & Crutcher LLPHowrey LLPO'Melveny & Myers LLPWeil, Gotshal & Manges LLPWilmerHale Band 3Hogan Lovells US LLPKirkland &...

Harvard, Chicago and Transaction Cost Economics in Antitrust Analysis

Posted on June 13, 2010
Posted by D. Daniel Sokol Herbert J. Hovenkamp, University of Iowa - College of Law has a great piece on Harvard, Chicago and Transaction Cost Economics in Antitrust Analysis. ABSTRACT: Since Oliver Williamson published Markets and Hierarchies in 1975 transaction...

Apple a Target of FTC Investigation

Posted on June 12, 2010
Posted by D. Daniel Sokol The WSJ reports about it here.

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Worth Watching: The Good, the Bad and the Weird

Posted on June 11, 2010
Posted by D. Daniel Sokol My wife and I went out last night (on a weeknight? It must be summer time and no classes to teach). We went to the local art house theater and saw the Korean film, The...

Public Procurement and the EU Competition Rules

Posted on June 11, 2010
Posted by D. Daniel Sokol Albert Sánchez Graells, Pontifical University Comillas of Madrid explains Public Procurement and the EU Competition Rules. ABSTRACT: Public procurement and competition law are both important fields of EU law and policy, intimately intertwined in the...

The Law and Economics of Trademarks: Product Differentiation, Market Power and New Directions in Antitrust

Posted on June 11, 2010
Posted by D. Daniel Sokol P. Sean Morris, University of Helsinki - Faculty of Law provides his thoughts on The Law and Economics of Trademarks: Product Differentiation, Market Power and New Directions in Antitrust. ABSTRACT: The purpose of this paper...

Behavioral Antitrust and Merger Control

Posted on June 11, 2010
Posted by D. Daniel Sokol Gregory J. Werden, U.S. Department of Justice - Antitrust Division, Luke Froeb, Vanderbilt University - Owen Graduate School of Management, and Mikhael Shor, Vanderbilt University - Owen Graduate School of Management have an interesting new...

Leibowitz's June 9, 2010 testimony on oversight hearing of the Senate Judiciary Committee's Subcommittee on Antitrust, Competition Policy, and Consumer Rights

Posted on June 10, 2010
Posted by D. Daniel Sokol See here.

Varney's June 9, 2010 testimony on oversight hearing of the Senate Judiciary Committee's Subcommittee on Antitrust, Competition Policy, and Consumer Rights

Posted on June 10, 2010
Posted by D. Daniel Sokol See here.

Exclusive Territories and Manufacturers? Collusion

Posted on June 10, 2010
Posted by D. Danie Sokol Salvatore Piccolo (University of Naples "Federico II" and CSEF) and Markus Reisinger (University of Munich) explain Exclusive Territories and Manufacturers? Collusion. ABSTRACT: This paper highlights the rationale for exclusive territories in a model of repeated...

When is Static Analysis a Sufficient Proxy for Dynamic Considerations? Reconsidering Antitrust and Innovation

Posted on June 10, 2010
Posted by D. Daniel Sokol Joshua S. Gans, University of Melbourne - Melbourne Business School, University of Melbourne - Department of Economics asks When is Static Analysis a Sufficient Proxy for Dynamic Considerations? Reconsidering Antitrust and Innovation...

Is that Lord Gaga?

Posted on June 10, 2010
Posted by D. Daniel Sokol My five year old daughter saw a picture of a Lady Gaga kissing a guy from one of her videos. She asked the natural question, "Is that Lord Gaga?"

Filling Out the Instrument Set in Mixed Logit Demand Systems for Aggregate Data

Posted on June 10, 2010
Posted by D. Daniel Sokol Charles J. Romeo (DOJ) has a new and interesting paper on Filling Out the Instrument Set in Mixed Logit Demand Systems for Aggregate Data. ABSTRACT: The random parameters logit model for aggregate data introduced by...

Introducing Competition in Container Movement by Rail

Posted on June 10, 2010
Posted by D. Daniel Sokol Sebastian Morris, Ajay Pandey, G Raghuram and Rachna Gangwar of the Indian Institute of Management, Ahmedabad address Introducing Competition in Container Movement by Rail. ABSTRACT: Container movement by rail was a monopoly of Indian Railways...

Form-based Approach at its Best ? German FCO Re-discovers Old Rules on Recommended Resale Prices

Posted on June 09, 2010
Posted by D. Daniel Sokol Albrecht Bach (OPPENLÄNDER Rechtsanwälte) describes Form-based Approach at its Best ? German FCO Re-discovers Old Rules on Recommended Resale Prices. ABSTRACT: Germany: for the Federal Cartel Office, any making of contact going beyond the mere...

The Microsoft Case as a Political Trial

Posted on June 09, 2010
Posted by D. Daniel Sokol William H. Page (Florida Law) and John Lopatka (Penn State Law) have a very interesting new paper on The Microsoft Case as a Political Trial. Highly recommended! ABSTRACT: This essay, written for a planned volume...

Coordination and Critical Mass in a Network Market: An Experimental Investigation

Posted on June 09, 2010
Posted by D. Daniel Sokol Bradley J. Ruffle (Department of Economics, Ben-Gurion University of the Negev), Avi Weiss (Department of Economics Bar-Ilan University), and Amir Etziony (Hewlett-Packard) describe Coordination and Critical Mass in a Network Market: An Experimental Investigation...

The Effect of Payoff Tables on Experimental Oligopoly Behavior

Posted on June 09, 2010
Posted by D. Daniel Sokol Özgür Gürerka (University of Erfurt) and Reinhard Selten (University of Bonn) explain The Effect of Payoff Tables on Experimental Oligopoly Behavior. ABSTRACT: We explore the effects of the provision of an information-processing instrument - payoff...

The classical notion of competition revisited

Posted on June 09, 2010
Posted by D. Daniel Sokol Neri Salvadori and Rodolfo Signorino (University of Pisa and University of Palermo, respectively) have a new piece on The classical notion of competition revisited. ABSTRACT: We compare and analyse two different conceptions of market competition:...

Quality, Upgrades, and Equilibrium in a Dynamic Monopoly Model

Posted on June 09, 2010
Posted by D. Daniel Sokol James Anton (Duke) and Gary Biglaiser (UNC Chapel Hill) address Quality, Upgrades, and Equilibrium in a Dynamic Monopoly Model. ABSTRACT: We examine an infinite horizon model of quality growth in a durable goods monopoly market...

Loyola Institute for Consumer Antitrust Studies: Student Programs

Posted on June 09, 2010
Posted by Spencer Waller Thanks again to Danny for the chance to guest blog about the Institute for Consumer Antitrust Studies which I have directed for the past ten years at Loyola University Chicago School of Law. Last time, I...

Multiproduct Duopoly with Vertical Differentiation

Posted on June 08, 2010
Posted by D. Daniel Sokol Yi-Ling Cheng (National Taiwan University), Shin-Kun Peng (Institute of Economics, Academia Sinica, Taipei, Taiwan), and Takatoshi Tabuchi (Faculty of Economics, University of Tokyo) explain Multiproduct Duopoly with Vertical Differentiation...

Consumer Preferences in Monopolistic Competition Models

Posted on June 08, 2010
Posted by D. Daniel Sokol Alexander Tarasov, University of Munich describes Consumer Preferences in Monopolistic Competition Models. ABSTRACT: This paper develops a novel approach to modeling references in monopolistic competition models with a continuum of goods...

Asymmetric Price Responses of Gasoline Stations: Evidence for Heterogeneity of Retailers

Posted on June 08, 2010
Posted by D. Daniel Sokol Riemer P. Faber (Erasmus University Rotterdam) provides us with Asymmetric Price Responses of Gasoline Stations: Evidence for Heterogeneity of Retailers. ABSTRACT: This paper studies asymmetric price responses of individual firms, via daily retail prices of...

Selling When Brand Image Matters

Posted on June 08, 2010
Posted by D. Daniel Sokol Stefan Bühler (Institute of Public Finance and Fiscal Law - St. Gallen) and Daniel Halbheer (University of Zurich - Econ) analyze Selling When Brand Image Matters. ABSTRACT: This paper studies profit-maximizing seller behavior when brand...

The Indian Competition Act: A Historical and Developmental Perspective

Posted on June 07, 2010
Posted by D. Daniel Sokol Shiju Varghese Mazhuvanchery, TERI University has posted The Indian Competition Act: A Historical and Developmental Perspective. ABSTRACT: The relationship between competition law and development continues to be a subject that excites many...

The Application of Competition Law in the Communications and Media Sector: A Survey of Recent Cases

Posted on June 07, 2010
Posted by D. Daniel Sokol Antonio Bavasso and Dominic Long (both Allen & Overy) provide thoughts on The Application of Competition Law in the Communications and Media Sector: A Survey of Recent Cases. ABSTRACT: This article presents an overview of...

Building up a Young Competition Commission: The Competition Commission of Singapore?s Experience

Posted on June 07, 2010
Posted by D. Daniel Sokol Teo Eng Cheong (Competition Commission of Singapore) describes Building up a Young Competition Commission: The Competition Commission of Singapore?s Experience. ABSTRACT: Singapore has been consistently ranked among the world's most competitive economies by renowned reports...

Competition policy and global competitiveness in South Africa

Posted on June 07, 2010
Posted by D. Daniel Sokol Saul Klein (Wits Business School) has written on Competition policy and global competitiveness in South Africa. ABSTRACT: This article discusses proposals for competition policy reform in South Africa as an issue facing all developing countries...

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