Robert Habeck, the German Minister for Economic Affairs and Climate, asked the German Competition Authority (per Tweet?) to assess weather mineral oil companies were behaving abusively ("Could be"). The Bundeskartellamt replied by press release (only in German at the time of writing). The Authority is not concerned with oil price swings per se, but "[I]f crude oil prices now fall again and petrol station prices do not follow suit or even rise further, we have to take a close look. This includes several market levels: from the crude oil market to the refineries and wholesalers to the petrol station operators." How national are these markets (still) today, actually?
Wednesday, March 16, 2022
Teuer, expensive, chère, cara...
Robert Habeck, the German Minister for Economic Affairs and Climate, asked the German Competition Authority (per Tweet?) to assess weather mineral oil companies were behaving abusively ("Could be"). The Bundeskartellamt replied by press release (only in German at the time of writing). The Authority is not concerned with oil price swings per se, but "[I]f crude oil prices now fall again and petrol station prices do not follow suit or even rise further, we have to take a close look. This includes several market levels: from the crude oil market to the refineries and wholesalers to the petrol station operators." How national are these markets (still) today, actually?
MGM's Bauchschmerzen
The European Commission approved Amazon's acquisition of MGM Holdings Inc. Personally, I felt some Bauchschmerzen.
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Here .
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Google has announced that it is launching AI Overviews and AI Mode (together with other Gemini-based services) in France. While traditional ...
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EC, here . "The Commission also takes note of Google's proposals on how it plans to apply the principles of the decision to AI O...
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S. Salop, here. From what I have seen, this "modern" economic analysis certainly moves beyond a narrow focus on price. It takes ...
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Reuters, here . Too little, too late?
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Pax Silica is presented by the US State Department as its flagship initiative on AI and supply-chain security; the FT reports the EU, Ger...
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ArsTechnica, here.