By

Dr. Thibault Schrepel

A conversation with Vernon L. Smith

I am very pleased to add one Nobel laureate to my “Antitrust Conversations”: Vernon L. Smith. Vernon has been awarded the Nobel Prize in Economics in 2002 for “having established laboratory experiments as a tool in empirical economic analysis, especially in the study of alternative market mechanisms.” According to the Nobel Committee, he has “laid...
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Competition law academics’ favourite articles

I asked European academics (and friends) specializing in competition law to send me the list of their three favourite articles ever written in the field, and to explain their choice. It’s nothing easy (at all), but you’ll find their contributions right below. Thibault Schrepel (@LeConcurrential) **** Thibault Schrepel (Utrecht/Stanford University) 1. Frank H. Easterbrook, Cyberspace and the Law...
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Links of August 2019

Please find below the articles that I enjoyed during the month of August 2019. Mostly antitrust-related, but not limited to it. Learn about them on a more regular basis by following me on Twitter at @LeConcurrential. General antitrust: Symposium: Issues in Antitrust (Journal of Economic Perspectives) Fascism and Monopoly (Daniel A. Crane) Antitrust After Big Data (John M. Yun) Protecting Competition in the American Economy (Carl...
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Heuristic antitrust

In Thinking, Fast and Slow (2013), Daniel Kahneman (Nobel recipient, 2002) devotes a chapter to what he calls “heuristic questions.” See for yourself: “A remarkable aspect of your mental life is that you are rarely stumped. True, you occasionally face a question such as 17 × 24 = ? to which no answer comes immediately to mind,...
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Candid impressions from a trip in the heart of the Brazilian antitrust scene

I spent last week in Brazil, where I was invited by the International Chamber of Commerce to discuss blockchain and antitrust. The event has been very informative, a great success! I warmly recommend you to go to the 2nd edition of the Brazilian Competition Day next year. I also took advantage of my stay in São Paulo...
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Links of July 2019

Please find below the articles that I enjoyed during the month of July 2019. Mostly antitrust-related, but not limited to it. Learn about them on a more regular basis by following me on Twitter at @LeConcurrential. General antitrust: “Antitrust Without Romance” in videos (Thibault Schrepel) Common Understanding of G7 Competition Authorities on “Competition and the Digital Economy” (G7) FRAND and Antitrust (Herbert Hovenkamp)...
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“Antitrust Without Romance” in videos

Friends, over the last several weeks, I’ve discussed my article entitled “Antitrust Without Romance” using videos. It has been a fun (and weird) experience. Whether you’d like to learn about the romantics, or to visit Amsterdam, you’ll find them all at the links below: Antitrust needs public choice Populism at antitrust agencies The newest trend in antitrust:...
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I, bleeding finger

  You knew “I, Pencil”? Here comes “I, Bleeding Finger”!
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Antitrust law is not a statement

  Here’s the seventh and final video of the series dealing with the article entitled “Antitrust Without Romance” (to be downloaded over here). This post discusses a simple idea: antitrust law is not a statement. Antitrust law uses economic variables, but it does not mean that its application is to be fully justified by the latter, indeed, its legal roots...
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The redesign of antitrust authorities

  Here’s the sixth video of my series dealing with the article entitled “Antitrust Without Romance” (to be downloaded over here). This post discusses the invisible hand; not the one of Adam Smith, but the one protecting top officials’ personal interests through institutional flaws. I am here calling for three types of reforms to ensure that antitrust agencies work for the greatest...
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Links of June 2019

Please find below the articles that I enjoyed during the month of June 2019. Mostly antitrust-related, but not limited to it. Learn about them on a more regular basis by following me on Twitter at @LeConcurrential. General antitrust: Remembering Regulatory Misadventures (Christine S. Wilson) Economic Analysis of Network Effects and Intellectual Property (Peter S. Menell) FTC v. Qualcomm, Antitrust, and Intellectual Property (Erik Hovenkamp) Apple...
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State-owned enterprises and the de facto protection by antitrust agencies

  Here’s the fifth video of my mini-series dealing with the article entitled “Antitrust Without Romance” (to be downloaded over). This post discusses the independence of antitrust agencies. A lot has been written on the subject, showing that they are, maybe, not ‘so’ independent, because, among other things, they are tied to the parliaments & governments which are funding...
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