In the August 2015 issue of The Antitrust Source, John Woodbury comments on a paper by Gregory J. Werden challenging the outcomes of retrospective studies of mergers and another paper by Justin P. Johnson offering a benign explanation for “loss leaders” when consumers are characterized by bounded rationality. The latter paper in particular is a nice illustration of the nexus between behavioral economics and antitrust. To read the reviews, click the link below.
Data sharing in hybrid marketplaces with endogenous fee setting
The issue is especially timely given provisions in the EU’s Digital Markets Act (DMA) designed to expand access to data held by large digital platforms. The...