Dear readers, I am delighted to present you with this month’s guest article by Jonathan M. Barnett, Torrey H. Webb Professor of Law at the Gould School of Law, University of Southern California, and David J. Teece, Tusher Professor of Global Business in the Institute for Business Innovation, University of California, Berkeley. All the best, Thibault Schrepel...Read More
Dear readers, I am delighted to present you with this month’s guest article by Lawrence J. White, Robert Kavesh Professor of Economics at New York University. All the best, Thibault Schrepel **** Introduction The delineation of relevant markets is a too-often neglected area of antitrust discussion. It is boring. It is infrastructure. It is technical. And...Read More
Dear readers, I am delighted to present you with this month’s guest article by Renato Nazzini, Professor of Law at King’s College London. All the best, Thibault Schrepel **** Mergers in the Digital Economy 1. Introduction For a few years now, legal scholars and policy-makers have been questioning whether existing legal frameworks are fit to address...Read More
Welcome to the Competition Stories – a bimonthly exploration of recent courts and competition law agencies’ decisions. Authored by Makis Komninos, a renowned expert in the field, this new column aims to go through the latest and most important developments in competition law of the last two months. We call them “stories” because Makis has promised to include some anecdotes from...Read More
Dear readers, I am delighted to announce that this month’s guest article is authored by Thomas B. Nachbar, Professor of Law at the University of Virginia School of Law. Tom is making the point that primary implications behind recent proposed antitrust reforms are not economic, but political. Tom, thank you very much! All the best, Thibault Schrepel **** An America Fit for the Digital...Read More
Welcome to the Competition Stories – a bimonthly exploration of recent courts and competition law agencies’ decisions. Authored by Makis Komninos, a renowned expert in the field, this new column aims to go through the latest and most important developments in competition law of the last two months. We call them “stories” because Makis has promised to include some anecdotes from...Read More
Dear readers, I am delighted to announce that this month’s guest article is authored by Okeoghene Odudu, Associate Professor, Faculty of Law; Fellow in Law, Emmanuel College, University of Cambridge. Oke asks whether competition agencies harm welfare, therefore following from Richard Whish’s Concurrentialiste contribution “Do Competition Lawyers Harm Welfare?” footsteps. I am confident that you will enjoy reading this as much as I...Read More
I am delighted to publish a 15-video series dedicated to my book, “Blockchain + Antitrust: The Decentralization formula”. You can access all the chapters over here, and all the video transcripts over here. *** Transcript: In this video, I’d like to talk about the blockchain future. Like Yogi Berra once said, prediction is hard, especially when it’s about...Read More
I am delighted to publish a 15-video series dedicated to my book, “Blockchain + Antitrust: The Decentralization formula”. You can access all the chapters over here, and all the video transcripts over here. *** Transcript: In this video, I’d like to discuss several concrete proposals for regulating blockchain. First, let me emphasize that I do *not* assume that everything...Read More
If you were still doubting the interaction between blockchain and antitrust is promising, Joe Biden just made it obvious. On March 9, 2022, President Biden released an executive order on “ensuring responsible development of digital assets.” There is a lot to be said about this order, which raises many good points. Biden strikes an interesting balance between underlining blockchain potential...Read More
I am delighted to publish a 15-video series dedicated to my book, “Blockchain + Antitrust: The Decentralization formula”. You can access all the chapters over here, and all the video transcripts over here. *** Transcript: In previous videos, I have explained why blockchain and antitrust should be combined. I showed that it creates synergies and ends up beneficiating...Read More
I am delighted to publish a 15-video series dedicated to my book, “Blockchain + Antitrust: The Decentralization formula”. You can access all the chapters over here, and all the video transcripts over here. *** Transcript: In this video, I’d like to talk about different ways by which blockchain can merge, the challenges that it creates for antitrust law,...Read More
Nicolas Petit and I are delighted to present you with our newest article, “Complexity-Minded Antitrust”. Here is the abstract: Complexity science is widely used across the policy spectrum but not in antitrust. This is unfortunate. Complexity science enables a rich understanding of competition beyond the simplistic descriptions of markets and firms proposed by neoclassical models and...Read More
I am delighted to publish a 15-video series dedicated to my book, “Blockchain + Antitrust: The Decentralization formula”. You can access all the chapters over here, and all the video transcripts over here. *** Transcript: In this video, I’d like to answer two complementary questions: one, where do we see abuses of dominance within blockchain ecosystems, and two,...Read More
The OECD defines algorithmic collusion as the practice whereby firms use algorithms “as a facilitating factor for collusion” in order to “enable new forms of co-ordination that were not observed or even possible before.” I think that definition is too broad because it includes practices decided by humans. I’d rather define algorithmic collusion as the practice by which computers decide...Read More
