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  • Competition/ Antitrust
29 May 2019
3 min to read

Digital platforms: Market definition and market power

Jens-Uwe Franck | Martin Peitz

Digital platforms play a central role as facilitators of online interactions and transactions between users. In particular, ‘two-sided platforms’ – which operate, for instance, e-commerce...
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OBLB categories

  • Competition/ Antitrust
01 May 2019

Enforcing European Competition Law in a Global Digital Economy

Ariel Ezrachi, Pembroke College | Agustin Reyna

The digital economy forms a central driver to future prosperity—delivering waves of innovation, efficiencies and consumer welfare. It has stimulated a shift in market dynamics, paving the way for the...

OBLB categories

  • Competition/ Antitrust
04 Apr 2019

Video Interview: Ensuring Competition and Innovation in 3D Printing

OBLB Editors

Take a look at our full video interview with Professor Michal Gal about her research on 3D printing. Professor Gal focusses on the disruption 3D printing may cause to supply chains and market...

OBLB categories

  • Commercial Law
  • Competition/ Antitrust
07 Mar 2019

OBLB Book Release: Autonomous Systems and the Law (C.H. Beck/ Nomos 2019)

Oxford Business Law Blog

Autonomous Systems and the Law (C.H. Beck/Nomos 2019) by Nikita Aggarwal, Horst Eidenmüller, Luca Enriques, Jennifer Payne, and Kristin van Zwieten (eds) is a collection of papers dealing with the...

OBLB categories

  • Commercial Law
  • Competition/ Antitrust
  • Corporate Finance
05 Mar 2019

Consumer Response to Chapter 11 Bankruptcy: Negative Demand Spillover to Competitors

Cem Ozturk | Pradeep Chintagunta | Sriram Venkataraman

In our paper, we empirically study the effect of Chrysler's Chapter 11 bankruptcy filing on the unit sales of its competitors in the U.S. automotive industry. On the one hand, the demand for the...

OBLB categories

  • Commercial Law
  • Competition/ Antitrust
  • Corporate Governance
26 Feb 2019

Dealing with Corporate Scandal under European Market Abuse Law: The Case of VW

Mario Hössl-Neumann | Andreas Baumgartner

For many years, the continuous disclosure of material information by issuers has been an especially contested topic in financial regulation. The ongoing €9 billion shareholder litigation in the VW/...

OBLB categories

  • Competition/ Antitrust
21 Feb 2019

Should Antitrust Survive Behavioral Economics?

Avishalom Tor

In recent years behavioral antitrust has become a focus of interest and heated debate, evincing an outpour of commentary from scholars, policy makers, and the antitrust agencies. Behavioral antitrust...

OBLB categories

  • Commercial Law
  • Competition/ Antitrust
  • Financial Regulation
12 Feb 2019

Artificial Intelligence, Algorithmic Pricing and Collusion

Emilio Calvano | Giacomo Calzolari | Vincenzo Denicoló | Sergio Pastorello

Remember your last online purchase? Chances are, the price you paid was not set by humans but rather by a software algorithm. Already in 2015, more than a third of the vendors on Amazon.com had...
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OBLB categories

  • Competition/ Antitrust
  • Corporate Governance
  • Corporate Tax
06 Feb 2019

Putting Technology to Good Use for Society: The role of corporate, competition and tax law

John Armour, Faculty of Law | Ariel Ezrachi, Pembroke College | Luca Enriques, Faculty of Law | John Vella, Faculty of Law

Innovation and its main output, technology, are changing the way we work, socialise, vote, and live. New technologies have improved our lives and made firms more productive, overall raising living...

OBLB categories

  • Commercial Law
  • Competition/ Antitrust
01 Feb 2019

Tackling Algorithmic-Facilitated Tacit Collusion in a Proportionate Way

Paolo Siciliani

The digitalisation of production and distribution processes means that the (‘first-copy’) costs to develop and launch a product are preponderant in comparison to the following costs to actually...

OBLB categories

  • Brexit
  • Competition/ Antitrust
  • M&A
17 Jan 2019

Merger Control in a 'No Deal' Brexit

Wachtell, Lipton, Rosen & Katz

With the UK’s planned exit from the European Union on March 29, 2019 looming and the likelihood of an exit without a withdrawal agreement (a so-called 'No Deal' Brexit) increasingly probable, merging...

OBLB categories

  • Competition/ Antitrust
14 Jan 2019

The Solution to the Auditing Industry’s Oligopoly Problem? More Competition

Karthik Ramanna, Blavatnik School of Government

The UK’s reviews of the Big Four auditing firms have largely adopted an approach of more regulation and government oversight. This approach is not an unnatural response in the face of the evidence...

OBLB categories

  • Competition/ Antitrust
18 Dec 2018

Competition, Market Power and Third-Party Tracking

Ariel Ezrachi, Pembroke College | Viktoria Robertson

The online digital economy has benefitted us with waves of innovation, transforming the way we search, shop, communicate and consume information. Be it on our computer, tablet or mobile device, the...

OBLB categories

  • Commercial Law
  • Competition/ Antitrust
10 Dec 2018

Diesel motors and their regulation: lessons to be learned

Roland Koch

Since 2015, a storm has raged in Germany in the worlds of cars and politics. The regulation of exhaust emission cleaning systems for diesel motors has not led to the attainment of targets for reduced...

OBLB categories

  • Competition/ Antitrust
  • Corporate Governance
06 Dec 2018

Horizontal Shareholding: The End of Markets and the Rise of Networks

Alessandro Romano

In many markets, large institutional investors like BlackRock and Vanguard own significant stakes in most, if not all, horizontal competitors. Legal scholars have suggested that this pattern of...

OBLB categories

  • Competition/ Antitrust
  • Financial Regulation
05 Dec 2018

Data, Innovation and Transatlantic Competition in Finance: The Case of the Access to Account Rule

Oscar Borgogno | Giuseppe Colangelo

In our paper ‘Data, Innovation and Transatlantic Competition in Finance: The Case of the Access to Account Rule’, we focus on the EU regulatory effort, enshrined in Directive 2366/2015 on payment...

OBLB categories

  • Competition/ Antitrust
22 Nov 2018

Algorithmic Price-Setting by Platforms

Julian Nowag

A recent criminal cartel case where sellers of posters used an algorithm to coordinate their prices on the Amazon platform created buzz in the competition community. While interesting with regard to...

OBLB categories

  • Commercial Law
  • Competition/ Antitrust
13 Nov 2018

A Book Review: Humans as a Service (OUP 2018) by Jeremias Prassl

Václav Janeček, St Edmund Hall

Humans as a Service: The Promise and Perils of Work in the Gig Economy (OUP 2018) by Jeremias Prassl is an engaging, illustrative, and thought-provoking book. The book argues that gig-economy...

OBLB categories

  • Competition/ Antitrust
  • Corporate Finance
  • Corporate Governance
26 Oct 2018

Who’s Paying Attention? Measuring Common Ownership and Its Impact on Managerial Incentives

Erik P. Gilje | Todd A. Gormley | Doron Levit

There is a growing sense among academics and practitioners that common ownership—where two firms are at least partially owned by the same investor—is on the rise among publicly-held U.S. firms and...

OBLB categories

  • Competition/ Antitrust
12 Oct 2018

Modernising the law on abuse of market power

Heike Schweitzer

The rapid evolution of the digital economy holds many promises. At the same time, the rise of powerful players gives us cause to review the state of the law on abuse of dominance. Specifically, the...

OBLB categories

  • Competition/ Antitrust
08 Oct 2018

Assessing the Competition Law and Economics of ‘Free’

Benjamin Edelman | Damien Geradin

Many of the largest and most successful businesses today rely on providing services at no charge to at least a portion of their users. Consider companies as diverse as Dropbox, Facebook, Google,...

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