There is little doubt that all of the sectors where Competition Policy is commonly enforced exhibit some dynamic...
Successful executives have a keen sense of the radical uncertainties they face. This recognition of uncertainty is what...
I will start with the standard neoclassical economics that I was brought up on. It is very much based on mathematics, and to make the mathematics work we are forced to make many simplifying assumptions. In nearly all models that we look at with standard neoclassical economics we are using equation-based mathematics, and we tend to assume that all agents are identical to keep things simple. (…)
Given recent developments in the digital space, one could be forgiven to think that regulators have embarked on...
The ‘open early, closed late’ strategy is taking a heavy toll on consumers in the digital economy. The...

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DIGITAL LAW

COMPLEXITY THEORY

LATEST PUBLICATIONS

Andrea Pezzoli: “Market Definition And Market Power Evaluation In Dynamic Industries”

This brief contribution will focus on three aspects of the topic we are supposed to address. Firstly, I’ll try to...

Beatriz Kira: “Rethinking Regulation for Dynamic Digital Ecosystems”

Examining regulatory responses to technological advancements reveals a recurring pattern. Technological innovation often paves the way for widespread commercialization and...

Richard N. Langlois: “Ecosystems and Managers”

This session is about ecosystems and managers. One can interpret that in many ways. I want to interpret it in...

Benoît Durand & Apolline Jaoui: “A Rising Trend in Market Concentration: Myth or Reality?”

Over the last couple of years, a “new conventional wisdom” (Shapiro, 2018) has emerged: there is evidence of a widespread...

Ana Malheiro: “The EU Digital Markets Act: A One-of-a-kind Regulation”

Sometimes, to understand where we are, we must first understand where we came from. The Digital Markets Act (“DMA”) is...

Carmelo Cennamo: “The EU Digital Markets Act: It Is Not About Markets But Ecosystem Failures!”

The Digital Markets Act (DMA) represents a new institutional framework redefining the principles of what constitutes anticompetitive behaviour and abuse...

Wolfgang Kerber: “Dynamic Competition, Digital Ecosystems, and Competition Policy”

The current digital transformation can be understood as a Schumpeterian revolution of the entire economy and society through an ongoing...

Raphaël De Coninck & Christoph von Muellern: “Big Tech Acquisitions and Innovation Incentives”

In this note, which partly draws on discussions and papers presented at the inaugural DCI conference, we argue that merger...

Johannes M. Bauer & Tiago S. Prado: “Big-Tech Acquisitions and Venture Capital Funding for Start-ups”

Start-up acquisitions by larger technology firms, including by “big techs” such as Google, Amazon, Apple, Facebook, and Microsoft, were long...

EU Competition Law

By Makis Komninos

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