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Showing posts from October, 2014

On the link between "dynamic pricing" and competition by innovation

The Fondue Conspiracy

NPR: Planet Money, Podcast here.

More about the Cheese Union (Käseunion) in A. Thier, Schweizerische Kartellrechtstradition und „more economic approach,“  621, at 640 ff., here.

Update: I tasted the Sbrinz cheese for the first time after listening to the NPR Podcast. Delicious indeed, and already a competition policy scholar's favourite.

Agency 2.0: Competition Authorities Will Need to Think - Again

Agreements between Amazon and publishers are starting rolling out, see here and here. It is not very hard to predict that these agreements will come to be scrutinized quite closely by competition authorities on both sides of the Atlantic and beyond. While, it seems, conspiracy theories this time round could be safely ruled out, it would be high time to develop comprehensive assessment criteria with regard to vertical restraints triggered by, or in the context of, electronic platforms.

Google Penguin 3.0: Worldwide Rollout Still In Process, Impacting 1% Of English Queries

SearchEngineLand, here.

Jean Tirole: Market Power and Regulation

Scientific Background on the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2014,  here.

Popular science background here.

Tirole's 2013 lecture on two-sided markets, part 1 here, and part 2 here.

In essence, a nobel prize to the "more economic approach"...