1998: "To meet Microsoft’s arguments about the integration of the operating system and the browser, Justice Department lawyers needed to understand how software programs were written...They needed to appreciate the technical characteristics of software code and design, something that Microsoft and its software engineers already understood", in A. Gavil, H. First, The Microsoft Antitrust Cases: Competition Policy for the Twenty-first Century, MIT Press, 2014. A terrific read, see here for a book review - with which I only partially agree, though. Contrary to the reviewer's opinion, I didn't miss the "drama" at all (read the footnotes!). Moreover, there are plenty of references to the economic underpinnings of the Microsoft cases (basically, network economics and the then nascent theory of two-sided markets). However, what I'd have liked to find in the book is also an in-depth discussion of the suitability of the economic theories that played a decisive role in the Microsoft cases for competition policy going forward (legal theories are already depicted by the authors as sufficiently flexible to cope with new challenges). For instance, how solid is the application barrier to entry argument likely to be in other high-tech markets such as mobile?
Tuesday, February 17, 2015
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CMA, Summary of final decision here . Full 637-page Report here . Appendix A-W here . This is already the new Bible on 'cloud service...
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Fresh off the press release: the Italian antitrust authority has knocked — quite literally — on Meta’s door. A dawn raid hit the company’s ...
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J.-U. Franck, here.
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S. Salop, here. [I don't know what modern means, here. Very much the same "more economic approach" that has been increasingl...
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EC, here. [Great for next teaching semester, and for a Master student working on this topic]
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TechCrunch, here.
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KGI, here. Well...Problematic to say the least is "making its next steps contingent on the decisions of a US district court."
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France24.com, here. Totally disagree with the myopic economist's comment 😊
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Here .
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