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Competition Policy and Antitrust

Competition policy uses economic analysis to enhance our understanding of how firm behavior affects social welfare. Scholars featured on this site consider how technology markets function, and the special issues raised by networks, platforms, interoperability, and bundling by firms like Google, Apple, and Microsoft.

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Quotes

The FTC Is Finally Telling Businesses What ‘Competition’ Should Mean

"When people litigate and fight, they win." — William Kovacic, Professor of Law, George Washington University


William E. Kovacic
Source: Washington Post
August 13, 2015

As Mergers Multiply, U.S. Antitrust Cops Raise Their Game

"The DOJ and FTC litigation success is influential. That’s how you get the attention of companies and the bar."

 — William Kovacic, Professor of Law, George Washington University
William E. Kovacic
Source: The Wall Street Journal
July 2, 2015

In Its Antitrust Debacle, Was Google's Real Victim You?

"The real question is relevance. Don’t cry for Foundem just because it shows up further down in Google search results than Google Shopping. Cry for Google users who had a harder time finding what they wanted because they had to wade through less relevant search results." — James Grimmelmann, Professor of Law, University of Maryland


James Grimmelmann
Source: Wired
April 20, 2015

Mutual Funds' Dark Side

"One question is whether the managers of institutional firms are directing the managers of the firms they own not to compete over price. If so, this is a violation of the antitrust laws, and the Department of Justice should investigate." — Eric Posner, Professor of Law, University of Chicago; Glen Weyl, Economist and Microsoft researcher


Eric Posner
Source: Slate
April 16, 2015

Department of Justice Proposes a Fix to Apple's E-Book Price Fixing

“The big picture concern is that the DOJ seems to be showing some interest in Apple's app platform." — Scott Hemphill, Professor, Columbia Law School


C. Scott Hemphill
Source: The Christian Science Monitor
August 2, 2013

DOJ to Apple: Your Punishment Must Be More Severe

The article looks at the actions the U.S. Department of Justice is proposing against Apple now that that the App Store leader has been found guilty of conspiring to fix e-book prices with publishers. Law professor Randy Picker, University of Chicago Law School, is quoted.


Randal Picker
Source: The Washington Post
August 2, 2013

How to Get Out of Your Wireless Phone Contract

“And while we tend sometimes to focus on the travails of those who want to switch and are stuck and have to pay a stiff penalty, we less often notice the reduction in price that is enjoyed by everyone else.” — Omri Ben-Shahar, Professor, University of Chicago Law School


Omri Ben-Shahar
Source: The Wall Street Journal
August 1, 2013

In Apple Case, ‘The Line between the Legal and the Illegal Seems So Thin’

...it seems very clear that Apple should have known, probably did know, that publishers would try to raise e-book prices. — Randal Picker, Professor, University of Chicago Law School


Randal Picker
Source: The Washington Post
July 10, 2013

Apple Loses E-Book Price Fixing Case

The report examines the federal district court decision against Apple in the e-books price fixing case. Law professor James Grimmelmann, University of Maryland, helps to explain Judge Cote’s decision.


James Grimmelmann
Source: National Public Radio’s All Things Considered
July 9, 2013

Apple: Price-Fixing Charges 'Not True'

The story looks at Apple’s defense against government charges that it conspired with publishers to fix e-book prices. Professor James Grimmelmann, New York Law School, is interviewed.


James Grimmelmann
Source: National Public Radio’s Morning Edition
June 3, 2013
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TAP Blog

Carl Shapiro Critiques the FTC’s Withdrawal of 2020 Vertical Merger Guidelines

UC Berkeley economics professor Carl Shapiro argues that the Federal Trade Commission’s withdrawal of its 2020 Vertical Merger Guidelines relies on specious economic arguments regarding elimination of double marginalization.

TAP Staff Blogger

Fact Sheets

Government Procurement

“Procurement” is the process by which governments choose to obtain and buy goods and services from the private sector.

Featured Article

The Economics of Markets and Platforms

Some economic models omit intermediaries, entrepreneurs, and other key factors in dynamic markets. The study of platforms like eBay and Etsy leads to the development of more realistic economic models.

By: Daniel Spulber