Reforming Antitrust

Reforming Antitrust PDF Author: Alan J. Devlin
Publisher: Cambridge University Press
ISBN: 1009006266
Category : Law
Languages : en
Pages : 649

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Book Description
Industrial consolidation, digital platforms, and changing political views have spurred debate about the interplay between public and private power in the United States and have created a bipartisan appetite for potential antitrust reform that would mark the most profound shift in US competition policy in the past half-century. While neo-Brandeisians call for a reawakening of antitrust in the form of a return to structuralism and a concomitant rejection of economic analysis founded on competitive effects, proponents of the status quo look on this state of affairs with alarm. Scrutinizing the latest evidence, Alan J. Devlin finds a middle ground. US antitrust laws warrant revision, he argues, but with far more nuance than current debates suggest. He offers a new vision of antitrust reform, achieved by refining our enforcement policies and jettisoning an unwarranted obsession with minimizing errors of economic analysis.

Reforming Antitrust

Reforming Antitrust PDF Author: Alan J. Devlin
Publisher: Cambridge University Press
ISBN: 1009006266
Category : Law
Languages : en
Pages : 649

Get Book

Book Description
Industrial consolidation, digital platforms, and changing political views have spurred debate about the interplay between public and private power in the United States and have created a bipartisan appetite for potential antitrust reform that would mark the most profound shift in US competition policy in the past half-century. While neo-Brandeisians call for a reawakening of antitrust in the form of a return to structuralism and a concomitant rejection of economic analysis founded on competitive effects, proponents of the status quo look on this state of affairs with alarm. Scrutinizing the latest evidence, Alan J. Devlin finds a middle ground. US antitrust laws warrant revision, he argues, but with far more nuance than current debates suggest. He offers a new vision of antitrust reform, achieved by refining our enforcement policies and jettisoning an unwarranted obsession with minimizing errors of economic analysis.

Antitrust Penalty Reform

Antitrust Penalty Reform PDF Author: William Breit
Publisher: A E I Press
ISBN:
Category : Law
Languages : en
Pages : 104

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Book Description


How Antitrust Failed Workers

How Antitrust Failed Workers PDF Author: Eric A. Posner
Publisher: Oxford University Press
ISBN: 019750762X
Category : LAW
Languages : en
Pages : 225

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Book Description
"Antitrust law has very rarely been used by workers to challenge anticompetitive employment practices. Yet recent empirical research shows that labor markets are highly concentrated, and that employers engage in practices that harm competition and suppress wages. These practices include no-poaching agreements, wage-fixing, mergers, covenants not to compete, and misclassification of gig workers as independent contractors. This failure of antitrust to challenge labor-market misbehavior is due to a range of other failures-intellectual, political, moral, and economic. And the impact of this failure has been profound for wage levels, economic growth, and inequality. In light of the recent empirical work, it is urgent for regulators, courts, lawyers, and Congress to redirect antitrust resources to labor market problems. This book offers a strategy for judicial and legislative reform"--

Oversight of the Antitrust Enforcement Agencies

Oversight of the Antitrust Enforcement Agencies PDF Author: United States. Congress. House. Committee on the Judiciary. Subcommittee on Regulatory Reform, Commercial and Antitrust Law
Publisher:
ISBN:
Category : Antitrust investigations
Languages : en
Pages : 112

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Book Description


CONTROLLING MERGERS AND MARKET POWER

CONTROLLING MERGERS AND MARKET POWER PDF Author: John Kwoka
Publisher:
ISBN: 9781950769582
Category : Law
Languages : en
Pages : 160

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Book Description
John Kwoka's Controlling Mergers and Market Power: A Program for Reviving Antitrust in America is an important and timely contribution from a prominent antitrust economist and policy advisor. It has been many decades since questions about antitrust enforcement have been so prominent in political, economic, and scholarly debate. Mergers in countless industries, rising concentration throughout the economy, and the dominance of tech giants have brought renewed attention to the role and the responsibility of antitrust policy. But scholarly analysis of these issues, which Professor Kwoka has already contributed to in many ways, is not by itself enough. Once the underlying problems have been identified and documented, commentators and policymakers need to take the next step and provide sensible, enforceable, and economically rational proposals to address them. The purpose of this book is to do just that. Controlling Mergers and Market Power sets out a comprehensive, detailed, and rigorous program to revive antitrust, and merger control in particular, in the U.S. It analyzes the specific failures and weaknesses of current policy. Then, drawing on contemporary economic research and experience, it develops a series of specific proposals for reforming and revitalizing antitrust policy. Collectively, these reforms would reverse the trend toward a narrow, permissive antitrust policy, and strengthen competition in the economy. Few are better positioned to set out a program for reforming antitrust. Professor Kwoka's earlier work on merger policy has been credited for its insights and for prompting renewed attention to the issues. In this new breakthrough contribution, he takes us through the next and necessary steps to revive antitrust in America.

Reviving Competition: 21st century antitrust reforms and the American worker

Reviving Competition: 21st century antitrust reforms and the American worker PDF Author: United States. Congress. House. Committee on the Judiciary. Subcommittee on Antitrust, Commercial, and Administrative Law
Publisher:
ISBN:
Category : Antitrust law
Languages : en
Pages : 0

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Book Description


Innovation Matters

Innovation Matters PDF Author: Richard J. Gilbert
Publisher: MIT Press
ISBN: 0262545799
Category : Business & Economics
Languages : en
Pages : 337

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Book Description
A proposal for moving from price-centric to innovation-centric competition policy, reviewing theory and evidence on economic incentives for innovation. Competition policy and antitrust enforcement have traditionally focused on prices rather than innovation. Economic theory shows the ways that price competition benefits consumers, and courts, antitrust agencies, and economists have developed tools for the quantitative evaluation of price impacts. Antitrust law does not preclude interventions to encourage innovation, but over time the interpretation of the laws has raised obstacles to enforcement policies for innovation. In this book, economist Richard Gilbert proposes a shift from price-centric to innovation-centric competition policy. Antitrust enforcement should be concerned with protecting incentives for innovation and preserving opportunities for dynamic, rather than static, competition. In a high-technology economy, Gilbert argues, innovation matters. Gilbert considers both theory and available empirical evidence on the relationships among market structure, firm behavior, and the production of new products and services. He reviews the distinctive features of the high-tech economy and why current analytical tools used by antitrust enforcers aren't up to the task of assessing innovation concerns. He considers, from the perspective of innovation competition, Kenneth Arrow's “replacement effect” and the Schumpeterian theory of market power and appropriation; discusses the effect of mergers on innovation and future price competition; and reviews the empirical literature on competition, mergers, and innovation. He describes examples of merger enforcement by US and European antitrust agencies; examines cases brought against Microsoft and Google; and discusses the risks and benefits of interoperability standards. Finally, he offers recommendations for competition policy. The open access edition of this book was made possible by generous funding from Arcadia – a charitable fund of Lisbet Rausing and Peter Baldwin.

IP and Antitrust

IP and Antitrust PDF Author: Christina Bohannan
Publisher: Aspen Publishers Online
ISBN: 0735575487
Category :
Languages : en
Pages : 2686

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Book Description


The Antitrust Remedies Improvement Act and the Intellectual Property Reform Act of 1987

The Antitrust Remedies Improvement Act and the Intellectual Property Reform Act of 1987 PDF Author: United States. Congress. Senate. Committee on the Judiciary. Subcommittee on Antitrust, Monopolies, and Business Rights
Publisher:
ISBN:
Category : Antitrust law
Languages : en
Pages : 328

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Book Description


The Antitrust Paradox

The Antitrust Paradox PDF Author: Robert Bork
Publisher:
ISBN: 9781736089712
Category :
Languages : en
Pages : 536

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Book Description
The most important book on antitrust ever written. It shows how antitrust suits adversely affect the consumer by encouraging a costly form of protection for inefficient and uncompetitive small businesses.