By

Thibault Schrepel

Links of November 2018

Please find below the articles that I enjoyed during the month of November 2018. Mostly antitrust, but not limited to it. General antitrust: Competition law should remain focused on consumer welfare (ACCC) Quality considerations in the zero-price economy (Note by the European Union) Common Ownership: Solutions in Search of a Problem (Keith Klovers & Douglas H. Ginsburg) Towards A Systematic...
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The (coming) Amazon probe proves antitrust hipsters to be wrong

Antitrust hipsters – or Neo-Brandeisians, as self-proclaimed – have been playing on fears (“be very afraid,” OK?) for the past two years or so. Tech giants would be real monsters endangering democracy, explaining why they “lead the effort to protect democratic institutions and the liberties of citizens from concentrated corporate power and develop solutions to America’s monopoly crisis.” The...
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The Very Best of “Radical Markets”

Dear readers, Here is the second article in our series “The Very Best Of” following a first installment about The Antitrust Religion (link). As a quick reminder, this new series aims at taking the “best” extracts from books dealing with competition law so to present them in the words of the author. Written by Eric...
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Links of October 2018

Please find below the links that I enjoyed during the month of October 2018. Mostly antitrust, but not limited to it. In no particular order: Quality considerations in digital zero-price markets (OECD) Pricing Algorithms (CMA) GAFA in China? (Wendy Ng & Caron Beaton-Wells) The Misguided Assault on the Consumer Welfare Standard in the Age of Platform Markets (D....
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Links of September 2018

Please find below the links that I enjoyed during the month September 2018. Mostly antitrust, but not limited to it. In no particular order: High Time for Rhyme and Reason (Philip Marsden) Requiem for a Paradox: The Dubious Rise and Inevitable Fall of Hipster Antitrust (Joshua D. Wright, Elyse Dorsey, Jan Rybnicek, Jonathan Klick) The Misguided Assault on...
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BOOK: Predatory innovation in antitrust law

Dear all, I am very happy to announce that my first book is now available for sale. Entitled “Predatory innovation in antitrust law », it deals with predatory innovation (surprising, isn’t it ;), but also with competition on digital markets. In fact, this book is intended to all academics, lawyers, practitioners, judges, public authorities, business leaders...
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The European Commission is undermining R&D and innovation: here’s how to change it

Regardless of which standard you want to apply to competition law – consumer welfare, total welfare, hipster or redneck antitrust – it’s never good when competition/antitrust agencies are undermining innovation. Yet, this is precisely what the European Commission is doing. Today, the agency announced a €4.34 billion fine against Alphabet (Google). It represents more than...
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Ohio v. American Express: The Good, The Bad, and the Ugly

On June 25, the U.S. Supreme Court handed down what may prove to be the single most important antitrust decision of this decade. For the laissez-faire crowd, Ohio v. American Express was a resounding victory. For those who favor antitrust oversight, it was an absolute disaster. Let’s break down the good, the bad, and the ugly...
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Blockchain Antitrust

LINK TO DOWNLOAD THE ARTICLE Dear Friends, We often hear that the end is near, that we’re all going to die (Keynes / Steven Spielberg’s movie) and that technology (especially robots) is leading us to our end. But what if that were to be true, at least as far as competition law is concerned? Last Friday, I...
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NEW antitrust conversations with Nobel laureates

Dear readers, Remember last summer March when I published conversations on antitrust/competition law that I’d had with three Nobel laureates… well, I do it again! I’ve questioned three other Nobel laureates – Michael Spence, Alvin Roth, and Robert Aumann – on some “hot topics” covering antitrust law, including merger control, cartels, the politicization of the law, behavioral economics, monopolization on...
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The Very Best of The Antitrust Religion

Here is the first article of a new series on Concurrentialiste Review in which I summarize books on antitrust law – not by writing an analysis myself, but by taking the “best” extracts from them. That way, you save time and I’m happy, everybody’s a winner! I start with Edwin Rockefeller’s The Antitrust Religion (2007). The author...
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Thibault Schrepel wins the “Academic Excellence Award”

Thibault Schrepel, founder of the Revue Concurrentialiste and Research Associate at the University Paris 1 (Panthéon-Sorbonne), has won the “Academic Excellence Award” last week which rewards “an academic competition specialist who has made an outstanding contribution to competition policy in 2017 ». What an amazing news! Congratulations!! ***** Academic Excellence Award winners: 2018: Thibault Schrepel (Paris 1...
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Three antitrust conversations with Nobel laureates in Economics

I am delighted to introduce three conversations on antitrust law I’ve had very recently with Nobel Prize laureates in Economics: Edward C. Prescott, Angus S. Deaton & Oliver D. Hart. I have interviewed them (and others, to be published in the coming months) to understand how useful their work could be to antitrust law. Given the rigor...
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Ohio v. American Express Is the Antitrust Case of the Century – So Why Isn’t Anyone Talking About It?

What would you think if I told you the U.S. Department of Justice Antitrust Division had—contrary to popular belief—actually tried a single-firm conduct case just a few years ago? And that the defendant had only 26% of the market? And that DOJ still managed to win the trial?! It’s all true. The case, of course,...
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GCR Academic Excellence Award: VOTE THIBAULT!

Vote now for the GCR Awards 2018: category “Academic Excellence” Dear readers, It’s a great honor for me, I have just been nominated in the “Academic Excellence Awards” of GCR (along with some of the best academics). One of my articles on “predatory innovation” is quoted by the committee, which makes me very happy because...
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