Corporate & Securities Law

Industry Concentration Dynamics and Structural Changes: The Case of Aerospace & Defence

Posted on October 07, 2010
Posted by D. Daniel Sokol ?tefan Lyócsa (Department of Business Informatics and Mathematics,Faculty of Business Economics in Ko?ice), Svatopluk Svoboda (Institute of Economic Studies, Faculty of Social Sciences, Charles University, Prague, Czech Republic), and Tomá? Výrost (Department of Finance and...

Revision of the EU Competition Rules on Cooperation in Research & Development and Production: Scope for Further Improvement

Posted on October 07, 2010
Posted by D. Daniel Sokol Axel Gutermuth (Arnold & Porter) analyzes Revision of the EU Competition Rules on Cooperation in Research & Development and Production: Scope for Further Improvement. ABSTRACT: As part of the pending revision of the EU competition...

Size Metrics and Dynamics of Firms Expansion in the European Pharmaceutical Industry

Posted on October 07, 2010
Posted by D. Daniel Sokol Franco Mariuzzo (Geary Institute, University College Dublin, Ireland) and Xiaoheng Zhang (Economic and Social Research Institute, Dublin, Ireland) examine Size Metrics and Dynamics of Firms Expansion in the European Pharmaceutical Industry...

Antitrust and the Dynamics of Competition in High-Tech Industries

Posted on October 07, 2010
Posted by D. Daniel Sokol Antitrust enforcement in technology industries is complex, in part because the sector is characterized by continuous innovation. How can antitrust policy be formulated to prevent abuses yet not stifle innovation in these dynamic sectors? Please...

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

Do Group Purchasing Organizations Achieve the Best Prices for Member Hospitals? An Empirical Analysis of Aftermarket Transactions

Posted on October 07, 2010
Posted by D. Daniel Sokol Robert E. Litan (Kauffman Foundation, Brookings Institution) and Hal Singer Navigant Economics) discuss Do Group Purchasing Organizations Achieve the Best Prices for Member Hospitals? An Empirical Analysis of Aftermarket Transactions...

Do Incumbents Improve Service Quality in Response to Entry? Evidence from Airlines? On-Time Performance

Posted on October 07, 2010
Posted by D. Daniel Sokol Jeffrey T. Prince (Department of Business Economics and Public Policy, Indiana University Kelley School of Business) and Daniel H. Simon (School of Public and Economic Affairs, Indiana University) have an interesting new paper on Do...

Health Insurance Transactions: Insights From The Front Line

Posted on October 06, 2010
Posted by D. Daniel Sokol Health Insurance Transactions: Insights From The Front Line November 9, 201012:00-1:30 P.M. EDT A panel of experts will discuss recent health insurance transactions, providing insights into the antitrust issues raised by these transactions and the...

Séminaire Economie et droit de la concurrence : Les relations fournisseurs-distributeurs

Posted on October 06, 2010
Posted by D. Daniel Sokol "Séminaire Economie et droit de la concurrence": Les relations fournisseurs-distributeurs, PARIS, 22 octobre 2010, 12.30 / 14.30 Friday, October 22, 2010 from 12:30 AM - 2:30 PM (GMT+0100) Paris, France

The Standard-Setting Process and the European Commission's Draft Horizontal Guidelines

Posted on October 06, 2010
Posted by D. Daniel Sokol Julia Holtz & Tero Louko (Google) discuss The Standard-Setting Process and the European Commission's Draft Horizontal Guidelines. ABSTRACT: This brief commentary focuses on the section on Standardization Agreements in the Draft Guidelines (mainly paragraphs 269...

Public Policy and Market Competition: How the Master Settlement Agreement Changed the Cigarette Industry

Posted on October 06, 2010
Posted by D. Daniel Sokol Federico Ciliberto (Virginia) Nicolai V. Kuminoff (Arizona State) explore Public Policy and Market Competition: How the Master Settlement Agreement Changed the Cigarette Industry. ABSTRACT: This paper investigates the large and unexpected increase in cigarette prices...

Does Multimarket Contact Facilitate Tacit Collusion? Inference on Conjectural Parameters in the Airline Industry

Posted on October 06, 2010
Posted by D. Daniel Sokol Federico Ciliberto (University of Virginia) and Jonathan Williams (University of Georgia) ask Does Multimarket Contact Facilitate Tacit Collusion? Inference on Conjectural Parameters in the Airline Industry. ABSTRACT: We nest conjectural parameters into a standard oligopoly...

The 2010 Horizontal Merger Guidelines: From Hedgehog to Fox in Forty Years

Posted on October 06, 2010
Posted by D. Daniel Sokol Carl Shapiro, University of California, Berkeley - Economic Analysis & Policy Group and DOJ Antitrust has posted The 2010 Horizontal Merger Guidelines: From Hedgehog to Fox in Forty Years. ABSTRACT: This paper discusses some of...

DOJ on Visa, MasterCard and American Express

Posted on October 05, 2010
Posted by D. Daniel Sokol The DOJ Press Announcement is here. Varney's statement is here. Unlike Visa and Mastercard, AmEx did not settle. This should make for some interesting litigation. The AmEx legal team both in-house and external is very...

Sector-Specific Competition Enforcement at the FCC

Posted on October 05, 2010
Posted by D. Daniel Sokol Jon Baker (AU Law) has a very interesting new paper on Sector-Specific Competition Enforcement at the FCC. ABSTRACT: This comment explains how and why sector-specific enforcement by the Federal Communications Commission (FCC) complements generalist competition...

Does Multimarket Contact Facilitate Tacit Collusion? Inference on Conjectural Parameters in the Airline Industry

Posted on October 05, 2010
Posted by D. Daniel Sokol Federico Ciliberto (University of Virginia) and Jonathan Williams (University of Georgia) have an interesting paper that asks Does Multimarket Contact Facilitate Tacit Collusion? Inference on Conjectural Parameters in the Airline Industry...

WSJ Editorial on Reverse Patent Settlements

Posted on October 05, 2010
Posted by D. Daniel Sokol The Wall Street Journal has an editorial titled The 'Pay for Delay' Rap: The drug industry, the FTC and overzealous antitrust. I think the title gives you a sense of how they come out.

Information sharing in contests

Posted on October 05, 2010
Posted by D. Daniel Sokol Dan Kovenock (University of Iowa), Florian Morath (Max Planck Institute of Intellectual Property, Competition and Tax Law), and Johannes Münster (Free University of Berlin) address Information sharing in contests. ABSTRACT: We study the incentives to...

Nonsequential Search Equilibrium with Search Cost Heterogeneity

Posted on October 05, 2010
Posted by D. Daniel Sokol Jose Luis Moraga-Gonzalez (University of Groningen and CESifo), Zsolt Sandor (Universidad Carlos III de Madrid), and Matthijs R. Wildenbeest (Department of Business Economics and Public Policy, Indiana University Kelley School of Business) explore Nonsequential Search...

Monopolization Through Acquisitions in Multimarket Oligopolies

Posted on October 04, 2010
Posted by D. Daniel Sokol Ray Chaudhuri, A. (Tilburg University, Center for Economic Research) discusses Monopolization Through Acquisitions in Multimarket Oligopolies. ABSTRACT: This paper shows that, under Cournot competition, monopolization through acquisitions is more likely to occur in industries where...

AAI's Future of Private Antitrust Enforcement Conference

Posted on October 04, 2010
Posted by D. Daniel Sokol Register for AAI's Future of Private Antitrust Enforcement Conference Where: National Press Club Ballroom 529 14th St. NW, 13th Floor Holeman Lounge Washington, DC 20045 Driving Directions When: Tuesday December 7, 2010 from 9:00 AM...

Association of Competition Economics Annual Conference: November 11th and 12th 2010 at UEA in Norwich, UK

Posted on October 04, 2010
Posted by D. Daniel Sokol ACE Annual Conference: Draft Programme November 11th and 12th 2010 at UEA in Norwich, UK More: http://www.uea.ac.uk/ccp and http://www.competitioneconomics.org 1 Topic: The role of UPP in Merger Evaluation All Chair: Dr. Peter Davis (CC) Professor...

Do Incumbents Improve Service Quality in Response to Entry? Evidence from Airlines' On-Time Performance

Posted on October 04, 2010
Posted by D. Daniel Sokol Jeffrey Prince, Indiana University - Kelley School of Business and Daniel H. Simon, Cornell University - Department of Applied Economics and Management ask Do Incumbents Improve Service Quality in Response to Entry? Evidence from Airlines'...

Exploding offers and buy-now discounts

Posted on October 04, 2010
Posted by D. Daniel Sokol Mark Armstrong University College London - Economics and Jidong Zhou University College London - Economics discuss Exploding offers and buy-now discounts. A common sales tactic is for a seller to encourage a potential customer to...

Exclusive Dealing and the Market Power of Buyers

Posted on October 04, 2010
Posted by D. Daniel Sokol Ryoko Oki (Graduate School of Economics, University of Tokyo) and Noriyuki Yanagawa (Faculty of Economics, University of Tokyo) discuss Exclusive Dealing and the Market Power of Buyers. ABSTRACT: This paper examines the effects of exclusive...

WIPO Symposium on Intellectual Property and Competition Policy - Enforcing Antitrust Law with Reference to Intellectual Property Assets: New Developments and Perspectives

Posted on October 03, 2010
Posted by D. Daniel Sokol Symposium on Intellectual Property and Competition Policy Enforcing Antitrust Law with Reference to Intellectual Property Assets: New Developments and Perspectives Geneva, October 25, 2010 Online registration Program In the context of the implementation of the...

The AstraZeneca Decision in the General Court: Some Basic Observations and a Few Interesting Questions

Posted on October 02, 2010
Posted by D. Daniel Sokol Kent Bernard (Fordham Law) has written on The AstraZeneca Decision in the General Court: Some Basic Observations and a Few Interesting Questions. ABSTRACT: By its decision of July 1, 2010 in AstraZeneca the General Court...

A Tale of Two Ski Towns: New Perspectives on a Dominant Firm?s Refusal to Deal with a Rival

Posted on October 01, 2010
Posted by D. Daniel Sokol Warren Grimes (Southwestern Law) addresses A Tale of Two Ski Towns: New Perspectives on a Dominant Firm?s Refusal to Deal with a Rival. ABSTRACT: This article reviews prominent criticism of the United Supreme Court?s decision...

Comments to the Commission's Draft Horizontal Guidelines-Standardization

Posted on October 01, 2010
Posted by D. Daniel Sokol Anne Layne-Farrar & Jorge Padilla (LECG) provide Comments to the Commission's Draft Horizontal Guidelines-Standardization. ABSTRACT: This brief paper sets out our comments on Section 7 of the Draft Guidelines on the applicability of Article 101...

Antitrust and the Costs of Movement

Posted on October 01, 2010
Posted by D. Daniel Sokol Herb Hovenkamp (Iowa Law) explains Antitrust and the Costs of Movement. ABSTRACT: Antitrust has always been concerned about the structure of markets as well as with the bargaining that goes on within them. As a...

Kefauver Day

Posted on September 30, 2010
Posted by D. Daniel Sokol The University of Tennessee is celebrating its alumnus Senator Estes Kefauver, who brought the world of antitrust the Celler-Kefauver Anti-merger Act of 1950, with Kefauver Day.

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