Antitrust & Competition Policy Blog

Editor: D. Daniel Sokol
University of Florida
Levin College of Law

A Member of the Law Professor Blogs Network

Monday, June 16, 2008

The Social Costs of Monopoly: A Survey and an Evaluation

Posted by D. Daniel Sokol

Erdal Gumus, Eskisehir Osmangazi University - Department of Public Finance, addresses The Social Costs of Monopoly: A Survey and an Evaluation in a new working paper.

ABSTRACT:  Existence of monopoly and its costs to societies have been intensely studied. However, there has been no clear view obtained yet. Studies of rent-seeking approach of the public choice school even make the issue more interesting. This paper surveys from traditional Harberger's triangle approach of social costs of monopoly to the most recent studies and drive some conclusions from it.

June 16, 2008 | Permalink | Comments (0) | TrackBack (0)

Competition Policy in the European Union and the United States: Convergence or Divergence?

Posted by D. Daniel Sokol

The text of FTC Chairman Bill Kovacic's thoughtful and nuanced speech on Competition Policy in the European Union and the United States: Convergence or Divergence? is now up on the FTC website. 

June 16, 2008 | Permalink | Comments (0) | TrackBack (0)

Efficiency and the Provision of Open Platforms

Posted by D. Daniel Sokol

A paper on an important topic is Efficiency and the Provision of Open Platforms by Joacim Tag, Swedish School of Economics and Business Administration - Department of Economics, Helsinki Center of Economic Research (HECER).

ABSTRACT: Private firms may not have efficient incentives to allow third-party producers to access their platform or develop extensions for their products. Based on a two-sided market model, I discuss two reasons for why. First, a private firm may not be able to internalize all benefits from cross-group externalities arising with third-party extensions. Second, firms may have strategic incentives to shut out third-parties because it relaxes competition.

June 16, 2008 | Permalink | Comments (0) | TrackBack (0)

Sunday, June 15, 2008

Chambers USA Antitrust Rankings Are Out

Posted by D. Daniel Sokol

Chambers released its 2008 US rankings for law firms and individual lawyers.  In the very competitive DC rankings, the following firms received rankings for their antitrust practices:

 
Band 1
• Arnold & Porter LLP
• Cleary Gottlieb Steen & Hamilton LLP
• Jones Day

Band 2
• Howrey LLP
• O'Melveny & Myers LLP
• Weil, Gotshal & Manges LLP
• WilmerHale

Band 3
• Freshfields Bruckhaus Deringer LLP
• Gibson, Dunn & Crutcher LLP
• Hogan & Hartson LLP
• Kirkland & Ellis LLP
• Latham & Watkins LLP
• Mayer Brown LLP
• Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates

Band 4
• Boies, Schiller & Flexner LLP
• Crowell & Moring LLP
• Dickstein Shapiro LLP
• Heller Ehrman LLP
• Hunton & Williams LLP
• McDermott Will & Emery LLP
• Paul, Weiss, Rifkind, Wharton & Garrison LLP
• White & Case LLP

Band 5

• Dechert LLP
• Kaye Scholer LLP
• King & Spalding LLP
• Morgan, Lewis & Bockius LLP
• Wilson Sonsini Goodrich & Rosati

June 15, 2008 | Permalink | Comments (0) | TrackBack (0)