- published: 28 Jan 2014
- views: 570
Competition law is a law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition law is implemented through public and private enforcement.
Competition law is known as antitrust law in the United States and European Union, and as anti-monopoly law in China and Russia. In previous years it has been known as trade practices law in the United Kingdom and Australia.
The history of competition law reaches back to the Roman Empire. The business practices of market traders, guilds and governments have always been subject to scrutiny, and sometimes severe sanctions. Since the 20th century, competition law has become global. The two largest and most influential systems of competition regulation are United States antitrust law and European Union competition law. National and regional competition authorities across the world have formed international support and enforcement networks.
Merger Control and Antitrust
Antitrust and Merger Challenges Faced by Clients
Monopolies and Anti-Competitive Markets: Crash Course Economics #25
The Latest Trends in Competition and Consolidation: Antitrust and M&A;
Our Insights into Global Antitrust Trends 2016: Merger Control
EU antitrust regulators clear $130 billion Dow, DuPont merger
Dominick Armentano: The Case for Repealing Antitrust Laws
Aetna and Humana Merger Blocked Due To Antitrust Concerns
Competition/merger/anti-trust
Episode 30A: Collusion
EU antitrust regulators veto Deutsche Boerse and London Stock Exchange merger
Regulation of Mergers - Major Antitrust Legislation
Assessing Recent FTC Merger Litigation 6-5-08
Hospital Merger Rejected Over Antitrust Concerns
Corporate Consolidation: Last Week Tonight with John Oliver (HBO)
Combine And Conquer: How Antitrust Regulation Affects Mergers Part 1
European Antitrust Law Prohibitions, Merger Control and Procedures
Antitrust Trends
The Sherman Anti-Trust Act Explained: US History Review
Understanding CCP & the AntiTrust DB1-LSE Merger
Are antitrust laws are necessary to ensure fair competition? Damien Neven, The Graduate Institute of International and Development Studies
Dave Wales discusses the challenges facing clients in antitrust and merger reviews and private litigation in the antitrust field, how the Firm's experience helps clients navigate those challenges, and Jones Day's storied legacy in antitrust law.
What is a monopoly? It turns out, it's more than just a board game. It's a terrible, terrible economic practice in which giant corporations dominate markets and hurt consumers. Except when it isn't. In some industries, monopolies are the most efficient way to do business. Utilities like electricity, water, and broadband internet access are probably less efficiently delivered in competitive markets. Come along, and let us monopolize your attention for a few minutes. You might learn something. And you might land on Free Parking. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica...
In law school, mergers and acquisitions (M&A;) and antitrust are taught as separate courses. But in the real world, the interaction between these areas of law has a critical impact on how business decisions are made. This Continuing Legal Education course focuses on: -What to know about the application of antitrust law to horizontal mergers, how merger analysis has changed over time, and where it is headed; -Current legal and procedural trends that impact M&A; and -What policy makers should keep in mind when considering legislation or regulation dealing with corporate merger activity. Help us caption & translate this video! http://amara.org/v/CNGs/
EU antitrust regulators clear $130 billion Dow, DuPont merger Dow Chemical (DOW.N) and DuPont (DD.N) gained conditional EU antitrust approval on Monday for their $130 billion merger by agreeing to significant asset sales, one of a trio of mega mergers that will redraw the agrochemicals industry. The European Commission had been concerned that the merger of two of the biggest and oldest U.S. chemical producers would have few incentives to produce new herbicides and pesticides in the future. It said the asset sales would ensure competition in the sector and benefit European farmers and consumers.
Dominick Armentano is Professor Emeritus at the University of Hartford. He holds a Ph.D. in economics from the University of Connecticut and specializes in antitrust studies and economic history. His books include Antitrust and Monopoly: Anatomy of a Policy Failure (1990), Antitrust: The Case for Repeal (2007), and The Political Economy of William Graham Sumner (1966). In this lecture, Armentano gives an overview of antitrust law in the United States and gives several reasons to explain why he thinks antitrust laws are unnecessary and, in fact, are harmful to American consumers. Download the .mp3 version of this lecture here: http://bit.ly/Ro9ZaH
Health insurers Aetna and Humana will no longer merge as they had planned. A federal judge blocked the more than $30 billion merger for antitrust reasons. CNN Money reports a federal judge found Aetna was lying when they said they pulled out of most Obamacare exchanges because they were losing money. The judge ruled Aetna's real reason was "to evade judicial scrutiny" over its merger with Humana. USA Today reports Aetna and Humana leaders will likely appeal the ruling and revise their merger terms.
Why do firms collude, and why is this behavior inherently unstable? "EPISODE 30A: Collusion" by Dr. Mary J. McGlasson is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.
The planned deal has been plagued with problems since the UK voted to leave the EU last June.
http://trcb.us/zaheer - The logic behind antitrust legislation is that if the courts can prevent collusion among sellers of a product, monopoly prices will not result and there will be no restriction of output. There will be no economic profits in the long-run.
The Federal Trade Commission, which appeared to be in the midst of a losing streak with respect to merger challenges as early as last summer, has worked its way back to a more respectable ratio of wins and losses. FTC challenges to mergers of entities as diverse as natural gas utilities, organic grocery stores, and hospitals have raised a host of issues that are likely to impact merger practice for years to come. Equitable Resources/Peoples Natural Gas was a (belated) victory for antitrust enforcement in regulated industries, Whole Foods/Wild Oats was a defeat (for now) for narrow market definitions, and Evanston Northwestern/Highland Park proved that a challenge to a consummated hospital merger could succeed... though the nature of the remedy has caused critics to question the value of ...
NorthShore University HealthSystem is scrapping plans to merge with another Chicago hospital system after losing a court fight with U.S. antitrust regulators. According to Reuters, on tuesday a federal judge rejected a proposed merger between Northshore and Advocate Health care. The the new system would have controlled more than half the area's general acute care inpatient services. The federal trade commission argued that the deal would have reduced quality, and increased the cost of health care for residents of the North Shore area of Chicago. http://feeds.reuters.com/~r/Reuters/domesticNews/~3/KEsS1RfSRJw/us-advocate-m-a-northshore-idUSKBN16E2VP http://www.wochit.com This video was produced by YT Wochit News using http://wochit.com
Big businesses are getting even bigger thanks to a rise in corporate mergers. John Oliver explains why that could make you want to physically destroy your cable box. Connect with Last Week Tonight online... Subscribe to the Last Week Tonight YouTube channel for more almost news as it almost happens: www.youtube.com/user/LastWeekTonight Find Last Week Tonight on Facebook like your mom would: http://Facebook.com/LastWeekTonight Follow us on Twitter for news about jokes and jokes about news: http://Twitter.com/LastWeekTonight Visit our official site for all that other stuff at once: http://www.hbo.com/lastweektonight
Session One: Tuesday, March 4, 2008 - 10 Things You Might Not Know About Antitrust Dr. Jerry Ellig Senior Research Fellow Mercatus Center Two of the top business stories currently in the media relate to antitrust rulings. Microsoft was fined a record 1.3 billion dollars by the European Commission for defying a 2004 antitrust ruling. Meanwhile, the satellite radio operators Sirius and XM are still waiting to hear on the ruling for their request for the right to merge. Antitrust regulation is meant to enhance competition in the marketplace and keep firms from abusing monopoly power. Regulators look for companies engaging in anticompetitive actions and prosecute them, as in the Microsoft Case, and, as exemplified in the Sirius and XM case, regulators work to evaluate industry mergers for mo...
Partner MJ Moltenbrey discusses antitrust trends. The proliferation of antitrust enforcement authorities and merger review regimes presents a challenge to any company that wants to expand through a merger or acquisition. Today over 90 countries have mandatory merger notification requirements, including the major economies in Asia and Latin America, Central and Eastern Europe, India, and, most recently, the COMESA countries in Africa. Many of these regulatory regimes reach transactions that have only a limited nexus to the country. Although efforts to promote convergence and coordination in merger reviews have had some success, companies engaged in cross-border M&A; transactions are increasingly likely to face review by multiple competition authorities, with differing procedural rules, w...
With the Time Warner - Comcast merger knowing the basics to the Sherman Anti-Trust is essential. Non patronizing, fun and focused, let HipHughes help you grow your brain! Be sure to subscribe to HipHughes History and pay it forward! http://bit.ly/hiphughes
The Exchange Invest team present perhaps the most boring title ever for a YouTube video but if you want the simple explanation bear with us for 2 Minutes, please... This has been a "Merger of Equal Desperation" Guide...
In law school, mergers and acquisitions (M&A;) and antitrust are taught as separate courses. But in the real world, the interaction between these areas of law has a critical impact on how business decisions are made. This Continuing Legal Education course focuses on: -What to know about the application of antitrust law to horizontal mergers, how merger analysis has changed over time, and where it is headed; -Current legal and procedural trends that impact M&A; and -What policy makers should keep in mind when considering legislation or regulation dealing with corporate merger activity. Help us caption & translate this video! http://amara.org/v/CNGs/
Session One: Tuesday, March 4, 2008 - 10 Things You Might Not Know About Antitrust Dr. Jerry Ellig Senior Research Fellow Mercatus Center Two of the top business stories currently in the media relate to antitrust rulings. Microsoft was fined a record 1.3 billion dollars by the European Commission for defying a 2004 antitrust ruling. Meanwhile, the satellite radio operators Sirius and XM are still waiting to hear on the ruling for their request for the right to merge. Antitrust regulation is meant to enhance competition in the marketplace and keep firms from abusing monopoly power. Regulators look for companies engaging in anticompetitive actions and prosecute them, as in the Microsoft Case, and, as exemplified in the Sirius and XM case, regulators work to evaluate industry mergers for mo...
Session Two: Thursday, March 6th - The XM-Sirius Merger Debate Dr. Thomas Hazlett Professor of Law and Economics George Mason University Two of the top business stories currently in the media relate to antitrust rulings. Microsoft was fined a record 1.3 billion dollars by the European Commission for defying a 2004 antitrust ruling. Meanwhile, the satellite radio operators Sirius and XM are still waiting to hear on the ruling for their request for the right to merge. Antitrust regulation is meant to enhance competition in the marketplace and keep firms from abusing monopoly power. Regulators look for companies engaging in anticompetitive actions and prosecute them, as in the Microsoft Case, and, as exemplified in the Sirius and XM case, regulators work to evaluate industry mergers for m...
Competition law in every regime in Latin America, has undergone, or is undergoing some significant change. This audio presentation is a quick reference guide which reviews the current regimes and recent changes in the principal jurisdictions in Latin America where merger control occurs including, Argentina, Chile, Colombia, Brazil, Ecuador, Mexico, Paraguay, Peru and Uruguay.
The Federal Trade Commission, which appeared to be in the midst of a losing streak with respect to merger challenges as early as last summer, has worked its way back to a more respectable ratio of wins and losses. FTC challenges to mergers of entities as diverse as natural gas utilities, organic grocery stores, and hospitals have raised a host of issues that are likely to impact merger practice for years to come. Equitable Resources/Peoples Natural Gas was a (belated) victory for antitrust enforcement in regulated industries, Whole Foods/Wild Oats was a defeat (for now) for narrow market definitions, and Evanston Northwestern/Highland Park proved that a challenge to a consummated hospital merger could succeed... though the nature of the remedy has caused critics to question the value of ...
Frédéric Jenny’s Speech at the “Conference on Advanced Contemporary Competition Law Issues”, Celebrating the 10th Anniversary of Establishment of ELIG, Attorneys-at-Law at Çırağan in Istanbul on March 13th, 2015
Dominick Armentano is Professor Emeritus at the University of Hartford. He holds a Ph.D. in economics from the University of Connecticut and specializes in antitrust studies and economic history. His books include Antitrust and Monopoly: Anatomy of a Policy Failure (1990), Antitrust: The Case for Repeal (2007), and The Political Economy of William Graham Sumner (1966). In this lecture, Armentano gives an overview of antitrust law in the United States and gives several reasons to explain why he thinks antitrust laws are unnecessary and, in fact, are harmful to American consumers. Download the .mp3 version of this lecture here: http://bit.ly/Ro9ZaH
The New America Foundation's Director of Open Markets Barry C. Lynn, explains what monopoly means in the American economy. The eyeglasses market and the obscene power of monopoly. Why are monopolies allowed? The American revolution and fighting monopolies. The Reagan and Clinton Administration's support of monopolies. Why Libertarians have no problem with corporate central planning. From Walmart to Amazon what creates the monopoly problem in today's economy. How Bill Clinton embraced monopolies in defense, media, and finance. Why today's plutocrats are a bigger threat than the plutocrats of the Gilded Age. Good signs from the Hillary Clinton campaign? Why America needs to support the EU in fighting Silicon Valley and why we need to stop the AT&T Time Warner merger. On The Fun ...
The exclusivity provided through patent protection has never wandered far from the long shadow cast by antitrust regulations and concerns. In this episode, McDermott IP partner Nathan S. Smith and colleague Will Diaz discuss some of the major issues that counsel and companies should consider when they find themselves on either end of a patent litigation. In addition, they discuss some antitrust issues to keep in mind in the intellectual property context. The podcast begins with Sarah Bro, who shares some recent IP headlines from across the world, and concludes with Barrington E. Dyer, who discusses recent cases that address exceptions to the Noerr-Penningtong doctrine, which can shield companies from antitrust liability when filing a patent lawsuit.
January 22, 2016 Co-sponsored by NYU School of Law and the American Bar Association, Section of Antitrust Law Session 1: Institutional Issues I Session Chair: Stephen Houck, Menaker & Herrmann Presenter: Maciej Bernatt, University of Warsaw The Judicial Review of FTC Decisions: Any Lessons for Europe? Discussant: Andrew Gavil, Howard University School of Law Presenter: Rebecca Haw Allensworth, Vanderbilt University Law School New Antitrust Federalism Discussant: Jonathan Baker, American University Washington College of Law Presenter: Angela Zhang, King’s College London Ideological Divide at the General Court: An Empirical Investigation Discussant: Harry First, NYU School of Law Presenter: Matthew Jennejohn, Brigham Young University Law School Innovation and the Design of Antitrust In...
EU competition authorities are gearing up. The retail sector has recently received increased attention from most competition authorities within the EU. They have looked at both suppliers and retailers, specifically on drawing the line between recommended price and imposed price, and controlling the restrictive impact on competition of aggressive promotions and discounts. In addition, the authorities are taking a close look at the limitations imposed by producers on the e-commerce activities of their dealers. What do you need to know about all these issues? Gain insights from the Deloitte experts and understand what you need to do to ensure the risks incurred by your company are under control. (Live presentation was aired on 30 Sep 2015)
http://ambar.org/careers In this segment, our speakers explore the broad area of antitrust law and consumer protection. Antitrust law covers the regulation of business organizations to promote fair competition and consumer law protects the rights of consumers. This can entail transactional work (such as mergers and acquisitions), litigation, technology issues, and international consumer protection work. Our knowledgeable speakers will provide invaluable insight into what skills you’ll need to break into this area, what drew them to it, the pros and cons, and what a typical day in their practice entails. Speakers: Allan Van Fleet, McDermott Will & Emery, Houston, Texas Deon Woods-Bell, Federal Trade Commission, Washington, DC Moderator: Liz Stone, Managing Director, The Dubin Group, San F...
This talks through an example of drawing inferences about cross-elasticities of demand from observed data. Relevant for the 2010 U.S. Merger Guidelines and the approach to market definition that looks to substitute products on the consumer side.
Significant antitrust merger investigations in the United States took an average of 9.7 months in 2015, more than a third longer than the average just two years ago, according to DAMITT, the Dechert Antitrust Merger Investigation Timing Tracker. Antitrust merger investigation activity is up, and investigations are taking longer than ever to complete. In this webinar, Dechert partners Paul Denis and Michael Weiner offer insight on why most antitrust merger investigations in the U.S. last so long.
S P E A K E R S Neely B. Agin, Partner, Norton Rose Fulbright US LLP Darryl Wade Anderson, Partner, Norton Rose Fulbright US LLP Eliot Turner, Senior Associate, Norton Rose Fulbright US LLP Daniel L. Wellington, Partner, Norton Rose Fulbright US LLP Healthcare and life sciences remain a hotbed of antitrust enforcement and litigation. Merger challenges continue to be a focus of both the Department of Justice (DOJ) and the Federal Trade Commission (FTC). At the same time, the FTC and private litigants continue to press challenges to reverse payment settlements between branded and generic pharmaceutical companies. Our panel will highlight these and other important developments at the intersection of antitrust and healthcare and life sciences. Topics included: - The Third Circuit's recent ...
Subject:Business Economics Paper:Industrial Economics
In this webinar, Dechert partners Paul T. Denis and Michael L. Weiner examine the 2016 Q4 DAMITT, Dechert Antitrust Merger Investigation Timing Tracker, results and discuss the 2016 U.S. antitrust merger investigation and litigation trends.
Krugman is now blaming poor economic times (but hasn’t he been trying to tell us things are much better than the stupid right-wingers say?) on a lack of competition. Lax antitrust enforcement is the problem! Sure it is. In fact, antitrust itself is the problem, as we show in this week’s episode. Liberty Classroom: http://bit.ly/2hMAmk3 Ron Paul Homeschool: http://bit.ly/2itezx0 15% off all amazon orders using bitcoin https://purse.io/?_r=hy9wfQ
The Brussels School of Competition (BSC) organized a Morning briefing on Recent Developments in Merger Control last Friday 13 November 2015 in Brussels with Prof. Nicolas Petit, ULg, Carles Esteva Mosso, Acting Deputy Director General for mergers, DG COMP, European Commission and Nick Levy, Partner Cleary Gottlieb www.brusselsschoolofcompetition.be