Corporate & Securities Law

European Antitrust Policy 1957-2004: An Analysis of Commission Decisions

Posted on August 12, 2008
Posted by D. Daniel Sokol In what I believe is the most important empirical paper to be written about the EU this year so far, Martin Carree, University of Maastricht - Department of Organization & Strategy, Andrea Guenster, University of...

Competition Law and the WTO: Rethinking the Relationship

Posted on August 12, 2008
Posted by D. Daniel Sokol David Gerber of Chicago Kent Law has posted Competition Law and the WTO: Rethinking the Relationship. ABSTRACT: This essay identifies obstacles to the inclusion of a competition law regime in the WTO and suggests changes...

New Argentine National Commission for the Defense of Competition (CNDC) President

Posted on August 12, 2008
Posted by D. Daniel Sokol Julián Peńa, Professor of Competition Law at the University of Buenos Aires, Director of the graduate program on Consumer Protection and Competition Law at the University of Buenos Aires, a partner at law firm Allende...

The European Commission?s Reexamination of the SonyBMG Merger: A Precedent-Setting Attempt to Jump the Fence

Posted on August 11, 2008
Posted by D. Daniel Sokol Ben Van Rompuy (Institute for European Studies (Free University of Brussels)) & Caroline Pauwels (IBBT-SMIT (Free University of Brussels)) discuss The European Commission?s Reexamination of the SonyBMG Merger: A Precedent-Setting Attempt to Jump the Fence...

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Interview with William E. Kovacic, Chairman, Federal Trade Commission

Posted on August 11, 2008
Posted by D. Daniel Sokol The Antitrust Source interviews FTC Chairman Bill Kovacic in its current issue.

The Effects of Past Entry, Market Consolidation, and Expansion by Incumbents on the Probability of Entry

Posted on August 11, 2008
Posted by D. Daniel Sokol Robert M. Adams and Dean F. Amel, both of the Federal Reserve Board, discuss The Effects of Past Entry, Market Consolidation, and Expansion by Incumbents on the Probability of Entry in their latest working paper....

A Case for Affirmative Action in Competition Policy

Posted on August 10, 2008
Posted by D. Daniel Sokol Bertrand Villeneuve, National Institute of Statistics and Economic Studies (INSEE) - Center for Research in Economics and Statistics (CREST), Université de Tours and Vanessa Yanhua Zhang, LECG make A Case for Affirmative Action in Competition...

Fighting Cartels: Some Economics of Council Regulation (EC) 1/2003

Posted on August 09, 2008
Posted by D. Daniel Sokol Birgit E. Will and Dieter Schmidtchen both of Saarland University - Center for the Study of Law and Economics address Fighting Cartels: Some Economics of Council Regulation (EC) 1/2003. ABSTRACT: This paper investigates the effectiveness...

Is a Safe Harbour for Insurance Still Justified?

Posted on August 08, 2008
Posted by D. Daniel Sokol Eithne McCarthy (European Commission, DG Competition) asks Is a Safe Harbour for Insurance Still Justified? ABSTRACT: On April 17, 2008, the European Commission launched a public consultation to examine the functioning of the insurance block...

Required Reading for the New Antitrust Administration

Posted on August 08, 2008
Posted by D. Daniel Sokol A number of practitioners and academics (including one tall and lanky law professor whom you might know) were asked by the Antitrust Source to each provide a reading list to whoever becomes the new antitrust...

Causation in EC Merger Control

Posted on August 08, 2008
Posted by D. Daniel Sokol Antonio F. Bavasso (Allen & Overy and University College London - Law) and Alistair Lindsay (Allen & Overy) provide some thoughts on Causation in EC Merger Control. ABSTRACT: This article looks at two areas of...

Exclusionary Pricing and Consumers Harm: The European Commission's Practice in the DSL Market

Posted on August 07, 2008
Posted by D. Daniel Sokol Laura Ferrari Bravo (University of Rome - Public Economics) and Paolo Siciliani (Vodafone Group) address Exclusionary Pricing and Consumers Harm: The European Commission's Practice in the DSL Market. ABSTRACT: The assessment of exclusionary abuses by...

Competition Law and Economics: Advances in Competition Policy and Antitrust Enforcement

Posted on August 07, 2008
Posted by D. Daniel Sokol Out in bookstores is the new Competition Law and Economics: Advances in Competition Policy and Antitrust Enforcement by Abel M. Mateus (Universidade Nova de Lisboa - Economics) and Teresa Moreira (Directorate-General for Economic Activities (Portugal))...

Important: Antitrust Practitioner Survey

Posted on August 07, 2008
Posted by D. Daniel Sokol Back to the Front from a Previous Posting I am conducting a survey of non-government antitrust practitioners (including practitioners with law firms and in-house) who undertake antitrust work in the United States to better understand...

Protecting the Freedom of Competition vs. More Economic Approach? The Evolution of the Normative Foundations of European Competition Policy

Posted on August 07, 2008
Posted by D. Daniel Sokol Oliver Budzinski of the University of Marburg Department of Economics discusses Protecting the Freedom of Competition vs. More Economic Approach? The Evolution of the Normative Foundations of European Competition Policy (Wettbewerbsfreiheit Und More Economic Approach:...

Some Dynamics of High-Tech Merger Analysis in General and with Respect to XM-Sirius

Posted on August 06, 2008
Posted by D. Daniel Sokol Thomas W. Hazlett, George Mason University - School of Law, has written an interesting article on Some Dynamics of High-Tech Merger Analysis in General and with Respect to XM-Sirius. I like the idea of using...

Competition and Development: The Power of Competitive Markets

Posted on August 06, 2008
Posted by D. Daniel Sokol Susan Joekes (IDRC) and Phil Evans (FIPRA) are the authors of Competition and Development: The Power of Competitive Markets. ABSTRACT: The growth of international trade and investment and the spread of bilateral and multilateral trade...

The Industrial Organization of Air Transport in Chile

Posted on August 06, 2008
Posted by D. Daniel Sokol Claudio Agostini (Universidad Alberto Hurtado - Economics) has posted The Industrial Organization of Air Transport in Chile. ABSTRACT: Over the last 20 years, demand for air passenger transport has grown dramatically. At the same time,...

Modernization of Antitrust Law ? Private and Public Enforcement and Abuses ? Europe and the U.S.

Posted on August 06, 2008
Posted by D. Daniel Sokol Deb Garza (DOJ), presented a speech, Modernization of Antitrust Law ? Private and Public Enforcement and Abuses ? Europe and the U.S. at The Stanford Institute of Economic Policy Research, the John M. Olin Program...

Do Gasoline Mergers Affect Consumer Prices? The Marathon Ashland Petroleum and Ultramar Diamond Shamrock Transaction

Posted on August 05, 2008
Posted by D. Daniel Sokol The new issue of the Journal of Law and Economics has an interesting piece on Do Gasoline Mergers Affect Consumer Prices? The Marathon Ashland Petroleum and Ultramar Diamond Shamrock Transaction by John Simpson and Christopher...

Market Power and Merger Simulation in Retail Banking

Posted on August 05, 2008
Posted by D. Daniel Sokol József Molnár (Bank of Finland), provides an analysis on Market Power and Merger Simulation in Retail Banking. ABSTRACT: This paper tests market power in the banking industry. First, I calculate price- cost margins predicted by...

Of Arms and Armour - The European Commission's White Paper on Damages Actions for Breach of EC Antitrust Law

Posted on August 04, 2008
Posted by D. Daniel Sokol Friedrich Wenzel Bulst of DG Competition has posted Of Arms and Armour - The European Commission's White Paper on Damages Actions for Breach of EC Antitrust Law, which appeared in the Bucerius Law Journal. ABSTRACT:...

Second International Conference of IMEDIPA - Which competition policy for regulated industries?: governance and sector-specific perspectives

Posted on August 03, 2008
Posted by D. Daniel Sokol The second international conference of IMEDIPA (Institute of Studies in Competition Law and Policy) will be held on Friday September 5, and Saturday, September 6, 2008 at Bilgi University, Istanbul on the following topic: "Which...

Good Web Resource: Annotated Bibliography on Antitrust Game Theory

Posted on August 02, 2008
Posted by D. Daniel Sokol The ABA Antitrust Section Economics Committee has just posted Selected Readings in Antitrust Economics: Annotated Bibliography on Game Theory. This is a wonderful resource and follows the committee's earlier collections on Selected Readings in Antitrust...

Better Competition Advocacy

Posted on August 01, 2008
Posted by D. Daniel Sokol Maurice Stucke of the University of Tennessee Law School provides his thoughts on Better Competition Advocacy. ABSTRACT: Today's competition advocacy censures governmental restraints that diminish competition. But such advocacy glosses over four fundamental questions: First,...

Standard Setting and Patent Pools

Posted on August 01, 2008
Posted by D. Daniel Sokol There will be a very interesting practitioner conference on Standard Setting and Patent Pools on October 2-3, 2008 at the Arlington Hilton hosted by Law Seminars International. According to the brochure, topics covered include: Regulatory...

Assessing the Anticompetitive Effects of Multiproduct Pricing

Posted on August 01, 2008
Posted by D. Daniel Sokol Dennis W. Carlton (University of Chicago - Graduate School of Business), Patrick Greenlee (U.S. Department of Justice - Antitrust Division), Michael Waldman (Cornell - Johnson School of Business) have posted a very interesting read -...

Unilateral Refusals to Deal, Vertical Integration, and the Essential Facility Doctrine

Posted on July 31, 2008
Posted by D. Daniel Sokol Herb Hovenkamp of the University of Iowa Law School (who just this week the DOJ honored with its John Sherman award) has written on Unilateral Refusals to Deal, Vertical Integration, and the Essential Facility Doctrine....

Fordham 2008 Annual Conference on International Antitrust Law & Policy

Posted on July 31, 2008
Posted by D. Daniel Sokol The speaker's list for the Fordham Annual Conference on International Antitrust Law & Policy (this year September 25-26) is now available. Thursday, September 25 Welcome Dean William Treanor, Fordham University School of Law Settlements under...

An Empirical Analysis of Mexican Merger Policy

Posted on July 30, 2008
Posted by D. Daniel Sokol Marcos Avalos (University of Anahuac - Department of Economics) and Rafael E. De Hoyos (World Bank) have created, to my knowledge, the first Empirical Analysis of Mexican Merger Policy. ABSTRACT: A newly created dataset including...

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