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June 25, 2012
Globalization of Competition Law - Challenges for Pakistan's Competition Regime
Posted by D. Daniel Sokol
Syed Umair Javed, Competition Commission of Pakistan describes Globalization of Competition Law - Challenges for Pakistan's Competition Regime.
ABSTRACT: This paper addresses some fundamental issues surrounding Pakistan’s contemporary competition law regime put in place by the enactment of the Competition Act, 2010. The paper comprises three parts and a conclusion. The first describes the globalization of competition laws - as has been the case with many areas of international economic governance - that has taken place recently all over the world. The second part traces the history of Pakistan’s competition laws, introduces the contemporary competition regime, and places it in the context of globalization. The third part identifies some of the major challenges confronting Pakistan’s nascent competition regime and makes recommendations to effectively tackle them over the coming years.
June 25, 2012 | Permalink | Comments (0) | TrackBack
Economics of Collective Refusals to Supply
Posted by D. Daniel Sokol
Izak Atiyas, Sabanci University - Faculty of Arts and Social Sciences, Toker Doganoglu, University of Wurzburg - Institute of Economics and Social Sciences and Firat Inceoglu, University of Wurzburg - Institute of Economics and Social Sciences discuss the Economics of Collective Refusals to Supply.
ABSTRACT: This paper examines situations where vertically integrated firms refuse to supply an input to an independent competitor in the downstream market. The treatment of such cases by competition or regulatory authorities is often based on the assumption that such outcomes can only arise if there is collusion in the upstream markets. We argue that this is not always the case. In particular, we argue that proper antitrust or regulatory assessment of such cases must take into account the nature of competition, whether sales contracts are observable, the degree of contractual flexibility that is permitted, the substitutability of downstream products, and even the number of potential competitors in the downstream market.
June 25, 2012 | Permalink | Comments (0) | TrackBack
June 24, 2012
Antitrust Enforcement and Media Industries: Competition and Beyond
Posted by D. Daniel Sokol
Gene I. Kimmelman (DOJ) gave a speech on Antitrust Enforcement and Media Industries: Competition and Beyond at the American Antitrust Institute’s Civil Liberties and Competition Policy Conference.
June 24, 2012 | Permalink | Comments (0) | TrackBack
