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'Competition Overdose': Curing Markets from Themselves? Ten Points for Discussion “过度竞争”:市场自治?10点讨论
Pub Date : 2021-09-07 DOI: 10.2139/ssrn.3918775
Oles Andriychuk
The times when competition policy was perceived as an axiomatic, mathematised, highly technical and pretty much non-controversial area of Law & Economics have gone. Over the last decade, competition has become a great theme again. Full of ideological appeals and statements, mindful of their political pedigree, competition law, economics and policy are transitioning from the mechanistic field of microeconomic modelling to the real world of geopolitical chessboards. The new book by two prominent competition law thinkers Maurice E. Stucke and Ariel Ezrachi ‘Competition Overdose: How Free Market Mythology Transformed Us from Citizen Kings to Market Servants’ (Harper Business, USA, 2020, pp. 402) has triggered a vivid discussion over the ever-fading question on the goals of competition law, economics and policy and – more broadly – on the very nature of the multifaceted phenomenon of competition. The book provokes not only thoughts. From its very title, subtitle, name of chapters, normative position, methodological argumentation and the choice of preprint reviewers, across the selection of case studies and to its very writing style, the book is designed to generate discussion. And for the right reasons. The authors aim to raise (or perhaps to refine) the ethical dimension in the otherwise morally neutral phenomenon of economic competition and its regulation. In what follows I articulate ten points for discussion, written as a reflection on the book. The main focus is on analysing the phenomenon of economic competition, and on the ways how this phenomenon should (and should never) be regulated.
竞争政策被视为一个公理化的、数学化的、高度技术性的、几乎没有争议的法律经济学领域的时代已经一去不复返了。在过去的十年里,竞争再次成为一个伟大的主题。竞争法、经济学和政策充满了意识形态的呼吁和声明,注意到它们的政治血统,它们正在从微观经济模型的机械领域过渡到地缘政治棋盘的现实世界。两位著名的竞争法思想家Maurice E. Stucke和Ariel Ezrachi的新书《过度竞争:自由市场神话如何将我们从公民国王转变为市场仆人》(Harper Business, USA, 2020,第402页)引发了一场关于竞争法、经济学和政策目标的日益消失的问题的生动讨论,更广泛地说,是关于竞争的多面现象的本质。这本书不仅发人深省。从它的标题、副标题、章节名称、规范立场、方法论论证和预印本审稿人的选择,到案例研究的选择和它的写作风格,这本书的目的是引起讨论。而且是出于正确的原因。作者的目的是在经济竞争及其监管这一原本道德中立的现象中提出(或者可能是提炼)伦理维度。在接下来的文章中,我将阐述10点讨论,作为对这本书的反思。主要的焦点是分析经济竞争的现象,以及这种现象应该(也不应该)被监管的方式。
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引用次数: 1
Exploitative Abuses: Recent Trends and Comparative Perspectives 剥削性虐待:最近的趋势和比较观点
Pub Date : 2021-08-23 DOI: 10.2139/ssrn.3909894
M. Botta
The chapter discusses the ‘revival’ of exploitative abuses in Europe. In particular, the chapter analyses the legal test and recent enforcement trends concerning excessive and discriminatory pricing, as well as unfair trading conditions under Art. 102 TFEU. The chapter concludes that the revival of exploitative abuses is taking place in specific industries (i.e. energy, pharmaceutical, and digital markets) and only in relation to excessive prices and unfair trading conditions. By contrast, cases sanctioning discriminatory pricing remain extremely rare. In digital markets, the revival of exploitative abuses has mostly concerned unfair trading conditions. The peculiarities of digital markets (i.e. close to zero marginal costs, winner takes all dynamics, and zero-price markets) make it hard for a competition agency to assess an excessive pricing case under the United Brands test and the benchmarking approach. Finally, sector regulation may solve the market failures causing exploitative abuses, but thus making competition law enforcement ‘redundant’.
这一章讨论了欧洲剥削虐待的“复兴”。本章特别分析了关于过度和歧视性定价的法律检验和最近的执法趋势,以及根据《贸易法》第102条规定的不公平贸易条件。本章的结论是,剥削性滥用的复苏正在特定行业(即能源,制药和数字市场)中发生,并且仅与过高的价格和不公平的交易条件有关。相比之下,制裁歧视性定价的案例仍然极为罕见。在数字市场中,剥削性滥用的重现主要与不公平的交易条件有关。数字市场的特殊性(即接近于零边际成本,赢家通吃动态和零价格市场)使得竞争机构很难在联合品牌测试和基准方法下评估过度定价案例。最后,部门监管可能解决导致剥削性滥用的市场失灵,但因此使竞争法执法“多余”。
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引用次数: 0
Setting the Edge: How the NCAA Can Defend Amateurism by Allowing Third Party Compensation 设置优势:NCAA如何通过允许第三方赔偿来捍卫业余主义
Pub Date : 2020-12-09 DOI: 10.52214/JLA.V44I1.7312
B. Feiner
Part I of this Note describes the NCAA’s formation and its contemporary model. It also discusses the antitrust and labor law challenges the NCAA has faced inlitigation over its existing approach. Part II explores the twin challenges posed by the Fair Pay to Play Act, which cannot be sufficiently addressed through a unilateral NCAA response. The first challenge is the inconsistency in state laws, which undermines any NCAA response that seeks to impose a uniform set of rules across the country. The second is that the Fair Pay to Play Act fails to address existing legal challenges to the NCAA’s amateur model. Therefore, even if the NCAA accepts a change in the status quo, it misses an opportunity to address the increasingly uncertain broader legal status of its restrictions on college athlete compensation. In response to these challenges, Part III contends that the NCAA should more urgently pursue a comprehensive federal legislative compromise that sacrificesrestrictions on NIL compensation in return for statutory protections from further labor and antitrust litigation. This type of federal legislation would have theadditional benefit of preempting state laws on the subject, thus maintaining a uniform system of rules. By losing the battle to win the war, the NCAA will be well positioned for continued viability in the coming decades
本报告的第一部分描述了NCAA的形成及其当代模式。它还讨论了NCAA在现有方法中面临的反垄断和劳动法挑战。第二部分探讨了公平薪酬法案带来的双重挑战,这不能通过单方面的NCAA回应来充分解决。第一个挑战是各州法律的不一致性,这破坏了NCAA试图在全国范围内实施统一规则的任何回应。其次,《公平报酬法》未能解决NCAA业余模式面临的现有法律挑战。因此,即使NCAA接受现状的改变,它也失去了一个机会来解决其对大学运动员薪酬限制的越来越不确定的更广泛的法律地位。为了应对这些挑战,第三部分认为NCAA应该更迫切地寻求一个全面的联邦立法妥协,牺牲对零报酬的限制,以换取法律保护,免受进一步的劳动和反垄断诉讼。这种类型的联邦立法将有一个额外的好处,即在这个问题上优先于州法律,从而保持一个统一的规则体系。通过输掉这场战斗来赢得这场战争,NCAA将在未来几十年里为继续生存做好准备
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引用次数: 0
Competition in Digital Markets: A Review of Expert Reports 数字市场中的竞争:专家报告综述
Pub Date : 2020-10-26 DOI: 10.2139/ssrn.3681322
F. Lancieri, Patricia A. M. Sakowski
Digital markets are at the forefront of competition policy. Over the past five years, antitrust regulators around the world have opened many investigations on digital platforms and issued and/or commissioned dozens of studies or expert reports that are focused on understanding the general competitive dynamics of markets such as online search, social media, e-commerce/marketplaces, and mobile operating systems. These studies and reports represent the forefront of our current understanding of how to adapt antitrust policy to the digital era. However, much of their wealth of knowledge is lost because these documents, which add up to thousands of pages of text, figures and tables, have been scattered around the websites of different competition agencies. This literature review consolidates the knowledge of twenty-two reports and studies on topics related to competition in digital markets issued by eighteen different authorities and expert panels around the world over the past five years. It addresses how these reports portray the general competitive dynamics of digital markets, the benefits generated by digitalization, the potential competitive shortcomings of digital markets in general and of well-defined relevant markets in particular, and the solutions that have been proposed to increase competition in the digital world. It also indicates areas where further academic research is needed. In doing so, it should serve as a guide to antitrust scholars, regulators, and practitioners, helping them understand the frontier of knowledge on the competitive dynamics of digital markets and the range of materials that are available for those who want to explore a certain topic more in-depth.
数字市场处于竞争政策的前沿。在过去的五年中,世界各地的反垄断监管机构已经对数字平台展开了许多调查,并发布和/或委托了数十项研究或专家报告,这些研究或报告的重点是了解在线搜索、社交媒体、电子商务/市场和移动操作系统等市场的总体竞争动态。这些研究和报告代表了我们目前对如何使反垄断政策适应数字时代的理解的前沿。然而,由于这些总计数千页的文本、图表和表格散落在不同竞争机构的网站上,他们的大部分知识财富都丢失了。本文献综述整合了过去五年中全球18个不同权威机构和专家小组发布的关于数字市场竞争主题的22份报告和研究的知识。它阐述了这些报告如何描述数字市场的一般竞争动态、数字化产生的好处、数字市场总体上的潜在竞争缺陷,特别是明确定义的相关市场,以及为增加数字世界中的竞争而提出的解决方案。它还指出了需要进一步学术研究的领域。在这样做的过程中,它应该成为反垄断学者、监管机构和从业者的指南,帮助他们了解数字市场竞争动态的知识前沿,以及那些想要更深入探索某个主题的人可以获得的材料范围。
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引用次数: 17
The Israeli Statute on National Book Price Maintenance - A Critical Evaluation 以色列国家图书价格维持法规——一个重要的评价
Pub Date : 2020-06-20 DOI: 10.2139/ssrn.3772316
Talia Einhorn
On 31 July 2013 the Knesset adopted a statute on national book price maintenance, entitled the Protection of Literature and Writers in Israel (Provisional Order), 5773-2013. Formerly, there were neither mandatory rules nor consensual agreements concerning book price maintenance. The Statute entered into force on 6 February 2014 for a period of three years, during which its effects and impact on the book market were to be evaluated.

This paper analyzes the background and reasons for adopting the Statute (part II); its object and purpose (part III); its main provisions (part IV); the consequences of its adoption (part V); subsequent developments (part VI); a critical evaluation (part VII); and final conclusions (part VIII).
2013年7月31日,以色列议会通过了一项关于国家图书价格维持的法规,题为《保护以色列文学和作家(临时命令),5773-2013》。以前,既没有关于维持书价的强制性规则,也没有双方同意的协议。《规约》于2014年2月6日生效,为期三年,期间将评估其对图书市场的影响和影响。本文分析了通过《规约》的背景和理由(第二部分);其目标和宗旨(第三部分);其主要规定(第四部分);其通过的后果(第五部分);后来的发展(第六部分);批判性评价(第七部分);和最后结论(第八部分)。
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引用次数: 0
Are Dark Patterns Anticompetitive? 深色图案是反竞争的吗?
Pub Date : 2019-10-11 DOI: 10.2139/ssrn.3468321
G. Day, A. Stemler
Platform-based businesses (“platforms”) have sought to design websites, apps, and interfaces to addict and manipulate users. They intentionally stimulate the release of dopamine in users’ brains, which creates addiction akin to gambling. As examples, reports indicate that Instagram withholds notifying users of “likes” until later so as to increase their dopamine intake—known as a “variable reward schedule.” Or Twitter’s app which opens with a blue screen and pulsating bird: the interface, while intended to appear like its loading, builds a positive feedback loop based on anticipation. Perhaps the most addictive design is Snapchat’s “streak” which has increased attention spent on the platform by 40%. In capturing and maintaining attention, companies increase the amount of time spent and data created (the chief commodity of the digital economy) on their platforms. Once attention is gained, platforms can then exploit their users’ cognitive vulnerabilities in the form of “dark patterns,” which are described as subtle design choices meant to guide users towards adopting behaviors sought by the platform, and other forms of online manipulation. The brilliance of online manipulation is that it makes interactions on the platform—as well as the sharing of one’s photos, messages, geolocation, and contacts—appear like exercises of free will. This threatens an aspect of privacy called “decisional privacy,” referring one’s ability to make choices free of coercion. This Article argues that consumer welfare diminishes when technology is designed to extract wealth from consumers in a manner eroding decisional privacy. Given the lack of regulations on this point, we show that market power and exclusionary strategies enable platforms to adopt dark patterns and other manipulative techniques. The problem is that antitrust has typically viewed efforts to coax consumers as a form of competition or even procompetitive behavior. To us, online manipulation erodes the ability of consumers to act rationally, which empowers platforms to extract wealth and build market power without doing so on the merits. If digital markets were more competitive, market forces would create competition over privacy lines as well as disseminate information about dark patterns, enhancing consumer welfare. We thus insist that courts must not only settle the debate about whether privacy accords with antitrust’s framework—it does—but also recognize the importance of decisional privacy.
基于平台的业务(“平台”)试图设计网站、应用程序和界面来吸引和操纵用户。他们故意刺激使用者大脑中多巴胺的释放,从而产生类似赌博的成瘾。例如,有报道指出,Instagram推迟通知用户“喜欢”,以便增加他们的多巴胺摄入量,这就是所谓的“可变奖励计划”。或者推特的应用程序,它打开时是蓝屏和跳动的小鸟:界面虽然看起来像它的加载,但基于预期建立了一个积极的反馈循环。也许最让人上瘾的设计是Snapchat的“条纹”,它使该平台的关注度增加了40%。在吸引和保持注意力的过程中,公司增加了在其平台上花费的时间和创造的数据(数字经济的主要商品)。一旦获得关注,平台就可以以“黑暗模式”的形式利用用户的认知漏洞,这被描述为微妙的设计选择,旨在引导用户采用平台所寻求的行为,以及其他形式的在线操纵。网络操控的卓越之处在于,它使平台上的互动——以及分享照片、信息、地理位置和联系人——看起来像是自由意志的练习。这威胁到隐私的一个方面,称为“决策隐私”,指的是一个人在没有强迫的情况下做出选择的能力。本文认为,当技术被设计成以一种侵蚀决策隐私的方式从消费者那里榨取财富时,消费者的福利就会减少。鉴于在这一点上缺乏监管,我们表明市场力量和排他性策略使平台能够采用黑暗模式和其他操纵技术。问题在于,反垄断通常将哄骗消费者的努力视为一种竞争形式,甚至是促进竞争的行为。对我们来说,网络操纵侵蚀了消费者理性行事的能力,这使平台能够在不按是非对错行事的情况下榨取财富和建立市场力量。如果数字市场更具竞争性,市场力量将在隐私方面创造竞争,并传播有关黑暗模式的信息,从而提高消费者福利。因此,我们坚持认为,法院不仅必须解决关于隐私是否符合反垄断框架的争论——它确实符合——而且还必须认识到决定隐私的重要性。
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引用次数: 10
Antitrust, the Gig Economy, and Labor Market Power 反垄断、零工经济和劳动力市场力量
Pub Date : 2019-06-12 DOI: 10.2139/SSRN.3347949
Marshall I. Steinbaum
In academic and public debate about the increasing imbalance of power between employers and workers, the role of antitrust policy and enforcement has heretofore gotten little attention. This paper shows that where there was once a sharp border — the border of the firm — where labor law ended and antitrust began, there is now a considerable legal gray area. Business models that rely on the control and exploitation of workers, independent contractors, and small businesses are increasingly immune from antitrust liability, without the associated responsibilities on the part of employers traditionally due to workers under labor law. At the same time, antitrust has been increasingly active preventing those workers, independent contractors, and small businesses from coordinating with one another against the interests of powerful corporations. Antitrust’s treatment of gig economy firms like Uber exemplifies its tendency to widen the options available to employers and “lead firms” and constrict them for workers. This paper concludes with a discussion of antitrust policy alternatives to rectify the perversion of antitrust’s original aim: to de-concentrate private power.
在关于雇主和工人之间日益加剧的权力不平衡的学术和公众辩论中,反垄断政策和执法的作用迄今为止很少受到关注。这篇论文表明,曾经有一个明显的边界——公司的边界——劳动法结束和反托拉斯开始的地方,现在有一个相当大的法律灰色地带。依赖于控制和剥削工人、独立承包商和小型企业的商业模式越来越不受反垄断责任的影响,没有传统上雇主根据劳动法对工人承担的相关责任。与此同时,反垄断越来越积极地阻止那些工人、独立承包商和小企业相互协调,反对大公司的利益。反垄断对待优步等零工经济公司的做法,体现了它倾向于扩大雇主和“龙头企业”的选择范围,并缩小工人的选择范围。本文最后讨论了反垄断政策的选择,以纠正反垄断最初目标的扭曲:去集中私人权力。
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引用次数: 19
The Federal Trade Commission’s Hearings on Competition and Consumer Protection in the 21st Century, Innovation and Intellectual Property Policy, Comment of the Global Antitrust Institute, Antonin Scalia Law School, George Mason University 联邦贸易委员会关于21世纪竞争与消费者保护的听证会,创新与知识产权政策,乔治梅森大学安东宁·斯卡利亚法学院全球反垄断研究所评论
Pub Date : 2018-10-23 DOI: 10.2139/SSRN.3272402
Tad Lipsky, Joshua D. Wright, D. Ginsburg, John M. Yun
This Comment is submitted in relation to the Federal Trade Commission’s (“FTC”) Hearings on Competition and Consumer Protection in the 21st Century. We submit this Comment based upon our extensive experience and expertise in antitrust law and economics. As an organization committed to promoting sound economic analysis as the foundation of antitrust enforcement and competition policy, the Global Antitrust Institute commends the FTC for holding these hearings and for inviting discussion concerning a range of important topics. In this Comment, we will discuss contemporary issues involving innovation, Standard Essential Patents (“SEPs”), and Fair, Reasonable, and Non-Discriminatory (“FRAND”) pricing commitments. As we move forward in an era marked by constant innovation revolving around Intellectual Property (“IP”) rights, it is imperative that the FTC recognize that these IP rights should be treated under the same analytical framework as other property rights and upheld regardless whether the setting is private licensing or FRAND commitments. Our modern law and jurisprudence are well-developed in the area of IP rights, and the reliance on IP rights in the standard-development process should not be accompanied by a move away from this well-developed body of law. In writing this Comment, we want to emphasize the importance of strong IP rights, the lack of evidence supporting the concern over holdup issues, and the need for the FTC to recalibrate priorities in the relationship between IP and antitrust.
本评论是针对联邦贸易委员会(“FTC”)关于21世纪竞争与消费者保护的听证会而提交的。我们根据我们在反垄断法和经济学方面的丰富经验和专业知识提交此评论。作为一个致力于促进健全的经济分析作为反垄断执法和竞争政策的基础的组织,全球反垄断研究所赞扬联邦贸易委员会举行这些听证会,并邀请就一系列重要议题进行讨论。在本评论中,我们将讨论涉及创新、标准必要专利(“sep”)和公平、合理和非歧视(“FRAND”)定价承诺的当代问题。随着我们在一个以知识产权(“IP”)权利为标志的不断创新的时代向前发展,联邦贸易委员会必须认识到,这些知识产权应该在与其他产权相同的分析框架下对待,并且无论设置是私人许可还是FRAND承诺,都应予以维护。我们的现代法律和判例在知识产权领域已经非常发达,在标准制定过程中对知识产权的依赖不应该伴随着对这一成熟法律体系的背离。在撰写这篇评论时,我们想强调强有力的知识产权的重要性,缺乏证据支持对拖延问题的担忧,以及联邦贸易委员会需要重新调整知识产权与反垄断之间关系的优先级。
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引用次数: 0
Worldwide FRAND Licensing Standard 世界范围的专利许可标准
Pub Date : 2018-10-04 DOI: 10.2139/ssrn.3279549
Garry A. Gabison
Worldwide licenses linked to the standard setting process are being challenged on antitrust and jurisdictional grounds. While, so far, most courts have batted away these challenges, some courts have not recognized their validity. If worldwide licenses were to not be enforce globally, then the patent exhaustion doctrine could further eat into the patent holders’ returns. Raising cost of enforcement linked to local licenses and lower returns linked to patent exhaustion would disincentivize standard setting participants. These worldwide licenses are essential to the standard system and must be protected as such: the standard setting organizations, Antitrust authorities, and courts have part to play to ensure the standards survive these attacks.
与标准制定过程相关的全球许可证正受到反垄断和司法管辖方面的挑战。虽然到目前为止,大多数法院都驳回了这些挑战,但有些法院并不承认这些挑战的有效性。如果全球许可不能在全球范围内执行,那么专利用尽原则可能会进一步侵蚀专利持有人的回报。提高与地方许可相关的执法成本,以及与专利用尽相关的低回报,将削弱标准制定参与者的积极性。这些全球许可对标准体系至关重要,必须受到保护:标准制定组织、反垄断机构和法院都有责任确保这些标准在这些攻击中幸存下来。
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引用次数: 0
Concurrent Jurisdictions Debate: What Roles Do the Three Competition Authorities Play in the Kenyan Market? 同时管辖的争论:三个竞争当局在肯尼亚市场扮演什么角色?
Pub Date : 2018-10-01 DOI: 10.2139/ssrn.3265632
Jasper Lubeto
The article investigates the roles of the three competition authorities in the Kenyan market. It argues that the underlying laws and regulations as currently designed confers overlapping jurisdiction on the three competition authorities. The article argues that the prevailing position is not efficient and calls for the reconciliation and harmonisation of the roles of the authorities through proper legislation.
本文调查了三个竞争当局在肯尼亚市场的作用。它认为,目前设计的基础法律法规赋予了三个竞争管理机构重叠的管辖权。文章认为,目前的地位是无效的,并呼吁通过适当的立法来调解和协调当局的角色。
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引用次数: 0
期刊
LSN: Other Law & Society: Public Law - Antitrust (Topic)
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