Corporate & Securities Law

Screening and Merger Activity

Posted on September 09, 2009
Posted by D. Daniel Sokol Albert Banal-Estanol (City University of London and Universitat Pompeu Fabra), Paul Heidhues (University of Bonn), Rainer Nitsche (European School of Management and Technology), and Jo Seldeslachts (University of Amsterdam and WZB) analyze Screening and Merger...

Credit Market Competition and the Nature of Firms

Posted on September 09, 2009
Posted by D. Daniel Sokol Nicola Cetorelli (Federal Reserve Bank of New York) has a working paper on Credit Market Competition and the Nature of Firms. ABSTRACT: Empirical studies show that competition in the credit markets has important effects on...

Trends in Regional Industrial Concentration in the United States

Posted on September 09, 2009
Posted by D. Daniel Sokol Joshua Drucker writes on Trends in Regional Industrial Concentration in the United States. ABSTRACT: In a seminal article, Benjamin Chinitz (1961) raises the question of the effects that industry size, structure, and economic diversification may...

Economic Analysis Group Antitrust Division, US Department of Justice Fall 2009 Seminar Schedule

Posted on September 09, 2009
Posted by D. Daniel Sokol Economic Analysis Group Antitrust Division, US Department of Justice Fall 2009 Seminar Schedule September 15 (Tues 2?3:30pm) Xavier Vives Navarra Strategic Supply Function Competition with Private Information October 6 (Tues 2?3:30pm) Leemore Dafny Northwestern Paying...

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Judging? Economists: Economic Expertise in Competition Law Litigation - A European View

Posted on September 08, 2009
Posted by D. Daniel Sokol Ioannis Lianos of UCL Law has posted the very interesting Judging? Economists: Economic Expertise in Competition Law Litigation - A European View. ABSTRACT: The study focuses on the admissibility and assessment of economic expertise in...

Latin American Competition Law and Policy

Posted on September 08, 2009
Posted by D. Daniel Sokol Eleanor Fox (NYU - Law) and D. Daniel Sokol (University of Florida - Law, me) are editors of Latin American Competition Law and Policy. The book is an excellent collection of work from top academics...

IBA 13th Annual Competition Conference - Fiesole, Italy

Posted on September 08, 2009
Posted by D. Daniel Sokol Details for the program are available here.

Cross-shareholding in the Japanese Banking Sector, Tacit Collusion, and Market Power

Posted on September 08, 2009
Posted by D. Daniel Sokol Umed Temurshoev, University of Groningen - Faculty of Economics and Business and Stanislav Stakhovych discuss Cross-shareholding in the Japanese Banking Sector, Tacit Collusion, and Market Power. ABSTRACT:This paper modifies the well-known conjectural variation model of...

Government in Markets

Posted on September 08, 2009
Posted by D. Daniel Sokol John Fingleton (OFT) has a great new speech on Government in Markets.

Regulating Innovation: Competition Policy and Patent Law under Uncertainty

Posted on September 07, 2009
Posted by D. Daniel Sokol Geoffrey A. Manne, International Center for Law & Economics, Lewis & Clark Law School, LECG and Joshua D. Wright, George Mason University - School of Law have posted Regulating Innovation: Competition Policy and Patent Law...

Komninos to Greece

Posted on September 07, 2009
Posted by D. Daniel Sokol Academic/Practitioner Assimakis (Makis) Komninos is leaving private practice for a government position in Greece. Makis has been appointed a Commissioner, member of the board and president of chamber at the Hellenic Competition Commission...

2009 OECD/IADB Latin American Competition Forum

Posted on September 07, 2009
Posted by D. Daniel Sokol LATIN AMERICAN COMPETITION FORUM SEVENTH ANNUAL MEETING 9-10 September 2009 Santiago (Chile) Details are available here.

Price Squeezes and Vertical Discrimination on Next Generation Access Networks

Posted on September 07, 2009
Posted by D. Daniel Sokol Henry Ergas, Concept Economics, Emma Lanigan, Concept Economics, and Eric Kodjo Ralph, EKonomics LLC have written on Price Squeezes and Vertical Discrimination on Next Generation Access Networks. ABSTRACT: Next generation access networks (NGANs) are in...

Chinese Standard Setting

Posted on September 07, 2009
Posted by Paul Jones One of the major ar...

Welcome Guest Blogger Paul Jones

Posted on September 07, 2009
Posted by D. Daniel Sokol Paul Jones, a Canadian antitrust lawyer who has particular expertise on Chinese issues will guest blog for us to describe some recent Chinese developments.

Developments in Pakistan's Competition Law and Policy

Posted on September 05, 2009
Posted by D. Daniel Sokol According to news reports, Khalid Aziz Mirza is out from his job as chairman of the Competition Commission of Pakistan.

The Changing Business Model of Law Firms - With Thoughts on Antitrust Practices

Posted on September 04, 2009
Posted by D. Daniel Sokol With fewer offers emerging from US law firms and associate cuts still underway, is antitrust still a hot area area of practice? On the one hand, merger activity is down. On the other hand, there...

Intellectual Property and Standard Setting

Posted on September 04, 2009
Posted by D. Daniel Sokol Bruce H. Kobayashi and Joshua D. Wright (both of George Mason University Law School) discuss Intellectual Property and Standard Setting. ABSTRACT: This Chapter, forthcoming in the ABA Handbook on the Antitrust Aspects of Standards Setting...

Google and the Proper Antitrust Scrutiny of Orphan Books

Posted on September 04, 2009
Posted by D. Daniel Sokol Jerry A. Hausman, Massachusetts Institute of Technology (MIT) - Department of Economics, and J. Gregory Sidak, Tilburg University - Faculty of Law, Criterion Economics, L.L.C. analyze the major issues in Google and the Proper Antitrust...

Can the PRC?s New Anti-Monopoly Law Stop Monopolistic Activities: Let the PRC?s Telecommunications Industry Tell You the Answer

Posted on September 03, 2009
Posted by D. Daniel Sokol Grace Li, University of Technology, Sydney explores Can the PRC?s New Anti-Monopoly Law Stop Monopolistic Activities: Let the PRC?s Telecommunications Industry Tell You the Answer. ABSTRACT: A new PRC Anti-Monopoly Law (AML) was enacted on...

The Quest for Appropriate Remedies in the Microsoft Antitrust EU Cases: A Comparative Appraisal

Posted on September 03, 2009
Posted by D. Daniel Sokol Nic Economides (NYU - Stern School of Business) and Ioannis Lianos (UCL Law) have an interesting new piece on The Quest for Appropriate Remedies in the Microsoft Antitrust EU Cases: A Comparative Appraisal. ABSTRACT: The...

Screening and Merger Activity

Posted on September 03, 2009
Posted by D. Daniel Sokol Albert Banal-Estanol (City University of London); Paul Heidhues (University of Bonn); Rainer Nitsche (European School of Management and Technology); and Jo Seldeslachts (Wissenschaftszentrum Berlin) explain Screening and Merger Activity...

Firm entry, product repositioning and welfare

Posted on September 03, 2009
Posted by D. Daniel Sokol Eleftherios Zacharias (Athens University - Econ) has posted Firm entry, product repositioning and welfare. ABSTRACT: We show that the entry of a second firm in a horizontally differentiated market (ala Hotelling) may harm consumers as...

A Comparative Analysis of Antitrust Law Regimes: Designing Better Institutions for Deciding Antitrust Issues

Posted on September 02, 2009
Posted by D. Daniel Sokol It's still not too late to sign up and attend the ABA Antitrust Section Chicago Loyola Conference titled A Comparative Analysis of Antitrust Law Regimes: Designing Better Institutions for Deciding Antitrust Issues. The ABA Section...

Airline Market Power and Intertemporal Price Dispersion

Posted on September 02, 2009
Posted by D. Daniel Sokol Alberto A. Gaggero (University of Valle d'Aosta) and Claudio A. Piga (Dept of Economics, Loughborough University) discuss Airline Market Power and Intertemporal Price Dispersion. ABSTRACT: This paper analyzes the empirical relationship between market structure and...

Pros and Cons of 'Backing Winners' in Innovation Policy

Posted on September 02, 2009
Posted by D. Daniel Sokol Seung-gyu Jo, Vrije Universiteit Amsterdam discusses the Pros and Cons of 'Backing Winners' in Innovation Policy. ABSTRACT: In the economics profession there is a fierce debate whether industrial and innovation policy should be targeted to...

Vertical Restraints Guidelines of the European Commission in a Comparative Perspective Conference

Posted on September 02, 2009
Posted by D. Daniel Sokol University College London's (UCL) is pleased to invite you to a 2 day-Conference Vertical Restraints Guidelines of the European Commission in a Comparative Perspective Conference Tuesday 13 & Wednesday 14 October 2009 9:00 - 19:30...

Measuring the price responsiveness of gasoline demand

Posted on September 02, 2009
Posted by D. Daniel Sokol Richard Blundell (University College London-Econ), Joel Horowitz (Northwestern) and Matthias Parey (Institute for Fiscal Studies) have a paper on Measuring the price responsiveness of gasoline demand. ABSTRACT: This paper develops a new method for estimating...

Price and welfare effects of a pharmaceutical substitution reform

Posted on September 02, 2009
Posted by D. Daniel Sokol David Granlund (Department of Economics, Umeå University) explain Price and welfare effects of a pharmaceutical substitution reform. ABSTRACT: The price effects of the Swedish pharmaceutical substitution reform are analyzed using data for a panel of...

Do Markup Dynamics Reflect Fundamentals or Changes in Conduct?

Posted on September 01, 2009
Posted by D. Daniel Sokol Mikael Juselius, University of Helsinki - Department of Economics, Moshe Kim, Universitat Pompeu Fabra - Faculty of Economic and Business Sciences, University of Haifa - Department of Economics, and Staffan Ringbom, Swedish School of Economics...

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