-
Antitrust Laws (Competition Laws) Explained in One Minute: The Sherman Antitrust Act, FTC Act, etc.
Few things are more frowned upon in let's say Western jurisdictions than business practices that undermine competition and through so-called antitrust laws (also commonly referred to as competition laws), legislators are trying to ensure that business is being done on a level playing field.
In one minute, this video explains why antitrust laws have appeared and why engaging in let's say anti-competition practices is so appealing to many businesses. In most cases, the reasons revolve around the fact that as strange as it may sound given the "reputation" of capitalism that revolves around how great entrepreneurs are doing thanks to this system, a valid case could be made that the average consumer benefits even more.
How?
One word: competition, which makes businesses approach consumers ...
published: 01 Mar 2020
-
Antitrust Law | Global Competition Law | Lesson 27 of 29
Want more Antitrust Law lessons? Explore full video courses, transcripts, and Antitrust quizzes here: https://www.quimbee.com/courses/antitrust
Quimbee features hundreds of videos on critical legal subjects for 1L's, 2L/3L's; additional law school success content; and tips for professional development. Try it free for 7 days! ► https://www.quimbee.com/courses
Did we just become best friends?
Stay connected to Quimbee here:
Subscribe to our YouTube Channel ►https://www.youtube.com/subscription_center?add_user=QuimbeeDotCom
Quimbee Law Courses ► https://www.quimbee.com/courses-overview
Facebook ► Quimbee
Twitter ► quimbeedotcom
#lawschool #lawcourses #lawschoolsuccess
published: 05 Nov 2021
-
How Do You Enforce Antitrust Law in a Global Marketplace?
published: 03 Feb 2020
-
Global Antitrust in 2023 | Transaction Advisors Institute
This discussion covers a range of critical antitrust considerations.
William Jefferson Black, from the Transaction Advisors Institute, interviews Jamillia Ferris, one of the leading authorities on competition issues, and Paul Humphreys, a highly respected M&A advisor who provides guidance on complex public and private M&A transactions.
Both contributed to the recent report from Freshfields Bruckhaus Deringer that considered important trends in the world of antitrust and M&A. Full report here: https://bit.ly/3ZVqi9Z
Discussion topics included:
- regulators’ interest in competitive threats from nascent competition
- enforcement objectives in the post-consumer welfare era of antitrust regulation
- understanding the agencies' skepticism of behavioral and structural remedies
- heightened ...
published: 27 Jan 2023
-
US Antitrust Laws - Global
What are the major US Antitrust laws?
https://thebusinessprofessor.com/en_US/business-transactions/antitrust-law-intro
https://thebusinessprofessor.com/en_US/business-transactions/what-is-antitrust-law
published: 16 Nov 2022
-
Antitrust Law in the U.S. and Globally
Over the past decade, big tech has posed major challenges to regulators charged with enforcing antitrust and competition laws in the U.S. and globally. Several tech firms have become enormously powerful in the marketplace. Regulators and others are worried that these firms have monopoly power with the potential to reduce or even eliminate competition. At the same time, the large tech firms have had voracious appetites for buying up potential competitors at early stages.
Will big tech’s monopoly power suppress competition and hurt consumers? Are U.S. antitrust laws and the regulators who enforce them well-suited to handle big tech’s pervasiveness, and the growing influence of AI — or will they simply stifle innovation in the U.S.?
Bill Baer, one of the world’s best known and respected ant...
published: 17 Nov 2023
-
Competition Law and Antitrust: A Global Guide
1:24 Why should you care?
2:02 What is Competition Law?
3:11 What are the goals of competition law?
5:31 Who applies and enforces competition law?
6:21 What methods do they use?
7:44 What are the targets?
10:15 Navigating the Competition Law world
13:02 Why a global guide?
14:37 Users of the guide
OVERVIEW:
* Concise introduction to the complicated subject of competition or antitrust law
* Book is structured in four sections that cover the elements of competition law, its targets, experiences, and globalization and the future of the field
* Highlights the similarities and differences of competition law across jurisdictions including the US, Europe, Asia, and Latin America
DESCRIPTION:
Competition, or Antitrust, law is now a global phenomenon. It operates in more than 100 countries a...
published: 09 Oct 2020
-
Global antitrust 2018: the big themes for competition law
Freshfields partner Thomas Janssens looks at the changing landscape for global antitrust and trade in 2018.
published: 16 Jan 2018
-
Promoting Due Process in Global Antitrust Enforcement
Competition enforcement agencies around the world seek to promote due process in antitrust investigation and enforcement procedures. Policy recommendations from international organizations and legally binding commitments in free trade agreements reflect these concerns. During this event, Makan Delrahim discusses fresh thinking on ways to promote procedural convergence in global antitrust enforcement.
Speaker
Makan Delrahim
Assistant Attorney General, Antitrust Division, U.S. Department of Justice
Presider
John B. Bellinger III
Adjunct Senior Fellow for International and National Security Law, Council on Foreign Relations; Partner, Arnold & Porter Kaye Scholer LLP
Subscribe to our channel: https://goo.gl/WCYsH7
The Council on Foreign Relations (CFR) is an independent, nonpartisan member...
published: 01 Jun 2018
-
Reforming Antitrust Policy for an Era of Global Competitiveness
There has been increasing pressure in both the United States and the EU for competition authorities to look more askance at big firms, because bigness too often is viewed as inherently anticompetitive. As trust in big firms has soured, some policymakers have become less willing to consider how antitrust policy, especially as applied in merger reviews, can affect firms’ productivity and competitiveness. In Europe, this was borne out in the recent rejection of a proposed merger between Alstom and Siemens, a marriage that was planned in large part to make the European companies more competitive versus China’s state-owned high-speed rail behemoth CRCC. And in the United States, it was reflected in the Federal Trade Commission’s requirement that semiconductor maker NXP to divest itself of its R...
published: 26 Mar 2020
1:46
Antitrust Laws (Competition Laws) Explained in One Minute: The Sherman Antitrust Act, FTC Act, etc.
Few things are more frowned upon in let's say Western jurisdictions than business practices that undermine competition and through so-called antitrust laws (als...
Few things are more frowned upon in let's say Western jurisdictions than business practices that undermine competition and through so-called antitrust laws (also commonly referred to as competition laws), legislators are trying to ensure that business is being done on a level playing field.
In one minute, this video explains why antitrust laws have appeared and why engaging in let's say anti-competition practices is so appealing to many businesses. In most cases, the reasons revolve around the fact that as strange as it may sound given the "reputation" of capitalism that revolves around how great entrepreneurs are doing thanks to this system, a valid case could be made that the average consumer benefits even more.
How?
One word: competition, which makes businesses approach consumers with better and better offers and in the absence of non-linear scenarios such as innovation-related ones, oftentimes leads to a race to the bottom, with profit margins being pushed down to the point of minimum profitability.
Therefore, some business owners decide to... well, bend the rules.
Antitrust laws exist to ensure such situations are kept to a minimum, with the (in)famous three being the Sherman Antitrust Act, the Federal Trade Commission Act or FTC Act and the Clayton Antitrust Act over in the United States for example... love them or hate them, they're an important part of the ecosystem in many jurisdictions :)
https://wn.com/Antitrust_Laws_(Competition_Laws)_Explained_In_One_Minute_The_Sherman_Antitrust_Act,_Ftc_Act,_Etc.
Few things are more frowned upon in let's say Western jurisdictions than business practices that undermine competition and through so-called antitrust laws (also commonly referred to as competition laws), legislators are trying to ensure that business is being done on a level playing field.
In one minute, this video explains why antitrust laws have appeared and why engaging in let's say anti-competition practices is so appealing to many businesses. In most cases, the reasons revolve around the fact that as strange as it may sound given the "reputation" of capitalism that revolves around how great entrepreneurs are doing thanks to this system, a valid case could be made that the average consumer benefits even more.
How?
One word: competition, which makes businesses approach consumers with better and better offers and in the absence of non-linear scenarios such as innovation-related ones, oftentimes leads to a race to the bottom, with profit margins being pushed down to the point of minimum profitability.
Therefore, some business owners decide to... well, bend the rules.
Antitrust laws exist to ensure such situations are kept to a minimum, with the (in)famous three being the Sherman Antitrust Act, the Federal Trade Commission Act or FTC Act and the Clayton Antitrust Act over in the United States for example... love them or hate them, they're an important part of the ecosystem in many jurisdictions :)
- published: 01 Mar 2020
- views: 68733
1:19
Antitrust Law | Global Competition Law | Lesson 27 of 29
Want more Antitrust Law lessons? Explore full video courses, transcripts, and Antitrust quizzes here: https://www.quimbee.com/courses/antitrust
Quimbee feature...
Want more Antitrust Law lessons? Explore full video courses, transcripts, and Antitrust quizzes here: https://www.quimbee.com/courses/antitrust
Quimbee features hundreds of videos on critical legal subjects for 1L's, 2L/3L's; additional law school success content; and tips for professional development. Try it free for 7 days! ► https://www.quimbee.com/courses
Did we just become best friends?
Stay connected to Quimbee here:
Subscribe to our YouTube Channel ►https://www.youtube.com/subscription_center?add_user=QuimbeeDotCom
Quimbee Law Courses ► https://www.quimbee.com/courses-overview
Facebook ► Quimbee
Twitter ► quimbeedotcom
#lawschool #lawcourses #lawschoolsuccess
https://wn.com/Antitrust_Law_|_Global_Competition_Law_|_Lesson_27_Of_29
Want more Antitrust Law lessons? Explore full video courses, transcripts, and Antitrust quizzes here: https://www.quimbee.com/courses/antitrust
Quimbee features hundreds of videos on critical legal subjects for 1L's, 2L/3L's; additional law school success content; and tips for professional development. Try it free for 7 days! ► https://www.quimbee.com/courses
Did we just become best friends?
Stay connected to Quimbee here:
Subscribe to our YouTube Channel ►https://www.youtube.com/subscription_center?add_user=QuimbeeDotCom
Quimbee Law Courses ► https://www.quimbee.com/courses-overview
Facebook ► Quimbee
Twitter ► quimbeedotcom
#lawschool #lawcourses #lawschoolsuccess
- published: 05 Nov 2021
- views: 319
28:41
Global Antitrust in 2023 | Transaction Advisors Institute
This discussion covers a range of critical antitrust considerations.
William Jefferson Black, from the Transaction Advisors Institute, interviews Jamillia Ferr...
This discussion covers a range of critical antitrust considerations.
William Jefferson Black, from the Transaction Advisors Institute, interviews Jamillia Ferris, one of the leading authorities on competition issues, and Paul Humphreys, a highly respected M&A advisor who provides guidance on complex public and private M&A transactions.
Both contributed to the recent report from Freshfields Bruckhaus Deringer that considered important trends in the world of antitrust and M&A. Full report here: https://bit.ly/3ZVqi9Z
Discussion topics included:
- regulators’ interest in competitive threats from nascent competition
- enforcement objectives in the post-consumer welfare era of antitrust regulation
- understanding the agencies' skepticism of behavioral and structural remedies
- heightened interest in private equity roll ups and shared directors
- considerations for joint ventures and quasi-M&A structures
- impacts on closing and time-sensitive deal terms
The report, Global Antitrust in 2023, is now available: https://bit.ly/3ZVqi9Z
The Transaction Advisors Institute provides a suite of programs and current information on M&A strategy, deal structuring, and integration best practices. https://www.TransactionAdvisors.com
Offerings include:
M&A Conferences assemble corporate development leaders, in-house M&A counsel, board members, and private equity investors to discuss current challenges impacting complex transactions and consider innovative methods to improve deal performance.
https://www.transactionadvisors.com/pages/m-a-conferences
The M&A Academy provides guidance on material negotiation issues and offers perspective on improving M&A performance from strategy development through closing.https://www.transactionadvisors.com/pages/m-a-academy
M&A Master Classes: These live online M&A courses cover the specific decisions, information, and actions that are required during the acquisition process. The teaching faculty are renowned professors who provide practical guidance from their extensive M&A experience.
https://www.transactionadvisors.com/pages/m-a-master-classes
M&A Resources: This fast growing collection includes self-paced e-learning modules and editions of the M&A journal, Transaction Advisors, and information on critical negotiation issues, shifting deal dynamics, and techniques for transaction planning, structuring, and execution.
https://www.transactionadvisors.com/pages/m-a-resources
Members of the Transaction Advisors Institute are some of the most active and sophisticated M&A professionals that enjoy being part of an elite community of in-house dealmakers. Membership is strictly limited to corporate and private equity professionals
https://www.transactionadvisors.com/bundles/membership
https://wn.com/Global_Antitrust_In_2023_|_Transaction_Advisors_Institute
This discussion covers a range of critical antitrust considerations.
William Jefferson Black, from the Transaction Advisors Institute, interviews Jamillia Ferris, one of the leading authorities on competition issues, and Paul Humphreys, a highly respected M&A advisor who provides guidance on complex public and private M&A transactions.
Both contributed to the recent report from Freshfields Bruckhaus Deringer that considered important trends in the world of antitrust and M&A. Full report here: https://bit.ly/3ZVqi9Z
Discussion topics included:
- regulators’ interest in competitive threats from nascent competition
- enforcement objectives in the post-consumer welfare era of antitrust regulation
- understanding the agencies' skepticism of behavioral and structural remedies
- heightened interest in private equity roll ups and shared directors
- considerations for joint ventures and quasi-M&A structures
- impacts on closing and time-sensitive deal terms
The report, Global Antitrust in 2023, is now available: https://bit.ly/3ZVqi9Z
The Transaction Advisors Institute provides a suite of programs and current information on M&A strategy, deal structuring, and integration best practices. https://www.TransactionAdvisors.com
Offerings include:
M&A Conferences assemble corporate development leaders, in-house M&A counsel, board members, and private equity investors to discuss current challenges impacting complex transactions and consider innovative methods to improve deal performance.
https://www.transactionadvisors.com/pages/m-a-conferences
The M&A Academy provides guidance on material negotiation issues and offers perspective on improving M&A performance from strategy development through closing.https://www.transactionadvisors.com/pages/m-a-academy
M&A Master Classes: These live online M&A courses cover the specific decisions, information, and actions that are required during the acquisition process. The teaching faculty are renowned professors who provide practical guidance from their extensive M&A experience.
https://www.transactionadvisors.com/pages/m-a-master-classes
M&A Resources: This fast growing collection includes self-paced e-learning modules and editions of the M&A journal, Transaction Advisors, and information on critical negotiation issues, shifting deal dynamics, and techniques for transaction planning, structuring, and execution.
https://www.transactionadvisors.com/pages/m-a-resources
Members of the Transaction Advisors Institute are some of the most active and sophisticated M&A professionals that enjoy being part of an elite community of in-house dealmakers. Membership is strictly limited to corporate and private equity professionals
https://www.transactionadvisors.com/bundles/membership
- published: 27 Jan 2023
- views: 267
4:38
US Antitrust Laws - Global
What are the major US Antitrust laws?
https://thebusinessprofessor.com/en_US/business-transactions/antitrust-law-intro
https://thebusinessprofessor.com/en_US/...
What are the major US Antitrust laws?
https://thebusinessprofessor.com/en_US/business-transactions/antitrust-law-intro
https://thebusinessprofessor.com/en_US/business-transactions/what-is-antitrust-law
https://wn.com/US_Antitrust_Laws_Global
What are the major US Antitrust laws?
https://thebusinessprofessor.com/en_US/business-transactions/antitrust-law-intro
https://thebusinessprofessor.com/en_US/business-transactions/what-is-antitrust-law
- published: 16 Nov 2022
- views: 94
1:00:14
Antitrust Law in the U.S. and Globally
Over the past decade, big tech has posed major challenges to regulators charged with enforcing antitrust and competition laws in the U.S. and globally. Several ...
Over the past decade, big tech has posed major challenges to regulators charged with enforcing antitrust and competition laws in the U.S. and globally. Several tech firms have become enormously powerful in the marketplace. Regulators and others are worried that these firms have monopoly power with the potential to reduce or even eliminate competition. At the same time, the large tech firms have had voracious appetites for buying up potential competitors at early stages.
Will big tech’s monopoly power suppress competition and hurt consumers? Are U.S. antitrust laws and the regulators who enforce them well-suited to handle big tech’s pervasiveness, and the growing influence of AI — or will they simply stifle innovation in the U.S.?
Bill Baer, one of the world’s best known and respected antitrust/competition enforcers, and Richard Parker (J.D. ’74), a preeminent antitrust expert and partner in the Washington, D.C., office of the law firm Milbank LLP, explored these timely and critical issues that are highly significant to economies worldwide.
Learn more about the Global Business and Policy Forum, a partnership between UCLA Anderson’s Center for Global Management and the UCLA School of Law’s Lowell Milken Institute for Business Law and Policy:
https://www.anderson.ucla.edu/about/centers/center-for-global-management/events-and-discussions/global-business-and-policy-forums
#technology #antitrust #global
https://wn.com/Antitrust_Law_In_The_U.S._And_Globally
Over the past decade, big tech has posed major challenges to regulators charged with enforcing antitrust and competition laws in the U.S. and globally. Several tech firms have become enormously powerful in the marketplace. Regulators and others are worried that these firms have monopoly power with the potential to reduce or even eliminate competition. At the same time, the large tech firms have had voracious appetites for buying up potential competitors at early stages.
Will big tech’s monopoly power suppress competition and hurt consumers? Are U.S. antitrust laws and the regulators who enforce them well-suited to handle big tech’s pervasiveness, and the growing influence of AI — or will they simply stifle innovation in the U.S.?
Bill Baer, one of the world’s best known and respected antitrust/competition enforcers, and Richard Parker (J.D. ’74), a preeminent antitrust expert and partner in the Washington, D.C., office of the law firm Milbank LLP, explored these timely and critical issues that are highly significant to economies worldwide.
Learn more about the Global Business and Policy Forum, a partnership between UCLA Anderson’s Center for Global Management and the UCLA School of Law’s Lowell Milken Institute for Business Law and Policy:
https://www.anderson.ucla.edu/about/centers/center-for-global-management/events-and-discussions/global-business-and-policy-forums
#technology #antitrust #global
- published: 17 Nov 2023
- views: 185
16:29
Competition Law and Antitrust: A Global Guide
1:24 Why should you care?
2:02 What is Competition Law?
3:11 What are the goals of competition law?
5:31 Who applies and enforces competition law?
6:21 What m...
1:24 Why should you care?
2:02 What is Competition Law?
3:11 What are the goals of competition law?
5:31 Who applies and enforces competition law?
6:21 What methods do they use?
7:44 What are the targets?
10:15 Navigating the Competition Law world
13:02 Why a global guide?
14:37 Users of the guide
OVERVIEW:
* Concise introduction to the complicated subject of competition or antitrust law
* Book is structured in four sections that cover the elements of competition law, its targets, experiences, and globalization and the future of the field
* Highlights the similarities and differences of competition law across jurisdictions including the US, Europe, Asia, and Latin America
DESCRIPTION:
Competition, or Antitrust, law is now a global phenomenon. It operates in more than 100 countries and the relationships among competition law systems are often complex and opaque. Competition law is also new to many countries, which creates uncertainty about how decisions will be made in these jurisdictions. This makes it critically important to understand both the similarities and differences among the systems and the relationships between them.
A succinct introduction, this title breaks down the complicated and foreboding topic of competition law. Divided into four parts, this book covers the elements of competition laws, its decisions, targets, and globalization and the future of competition law. It also provides global context by looking at competition law in the US, Europe, and growing markets like Asia and Latin America. This title covers the most pressing issues of competition law in an informative and concise way.
Drawing on his lifetime of global experience and research, David J. Gerber's Competition Law and Antitrust is an essential tool for anyone learning the complexities of competition or antitrust law.
Kindle: https://www.amazon.com/Competition-Law-Antitrust-Clarendon-ebook/dp/B08GSRVZNT/ref=tmm_kin_swatch_0?_encoding=UTF8&qid=&sr=
Paperback: https://global.oup.com/academic/product/competition-law-and-antitrust-9780198727484?lang=en&cc=us
Hardback: https://global.oup.com/academic/product/competition-law-and-antitrust-9780198727477?cc=us&lang=en
https://wn.com/Competition_Law_And_Antitrust_A_Global_Guide
1:24 Why should you care?
2:02 What is Competition Law?
3:11 What are the goals of competition law?
5:31 Who applies and enforces competition law?
6:21 What methods do they use?
7:44 What are the targets?
10:15 Navigating the Competition Law world
13:02 Why a global guide?
14:37 Users of the guide
OVERVIEW:
* Concise introduction to the complicated subject of competition or antitrust law
* Book is structured in four sections that cover the elements of competition law, its targets, experiences, and globalization and the future of the field
* Highlights the similarities and differences of competition law across jurisdictions including the US, Europe, Asia, and Latin America
DESCRIPTION:
Competition, or Antitrust, law is now a global phenomenon. It operates in more than 100 countries and the relationships among competition law systems are often complex and opaque. Competition law is also new to many countries, which creates uncertainty about how decisions will be made in these jurisdictions. This makes it critically important to understand both the similarities and differences among the systems and the relationships between them.
A succinct introduction, this title breaks down the complicated and foreboding topic of competition law. Divided into four parts, this book covers the elements of competition laws, its decisions, targets, and globalization and the future of competition law. It also provides global context by looking at competition law in the US, Europe, and growing markets like Asia and Latin America. This title covers the most pressing issues of competition law in an informative and concise way.
Drawing on his lifetime of global experience and research, David J. Gerber's Competition Law and Antitrust is an essential tool for anyone learning the complexities of competition or antitrust law.
Kindle: https://www.amazon.com/Competition-Law-Antitrust-Clarendon-ebook/dp/B08GSRVZNT/ref=tmm_kin_swatch_0?_encoding=UTF8&qid=&sr=
Paperback: https://global.oup.com/academic/product/competition-law-and-antitrust-9780198727484?lang=en&cc=us
Hardback: https://global.oup.com/academic/product/competition-law-and-antitrust-9780198727477?cc=us&lang=en
- published: 09 Oct 2020
- views: 162
1:15
Global antitrust 2018: the big themes for competition law
Freshfields partner Thomas Janssens looks at the changing landscape for global antitrust and trade in 2018.
Freshfields partner Thomas Janssens looks at the changing landscape for global antitrust and trade in 2018.
https://wn.com/Global_Antitrust_2018_The_Big_Themes_For_Competition_Law
Freshfields partner Thomas Janssens looks at the changing landscape for global antitrust and trade in 2018.
- published: 16 Jan 2018
- views: 1289
1:02:19
Promoting Due Process in Global Antitrust Enforcement
Competition enforcement agencies around the world seek to promote due process in antitrust investigation and enforcement procedures. Policy recommendations from...
Competition enforcement agencies around the world seek to promote due process in antitrust investigation and enforcement procedures. Policy recommendations from international organizations and legally binding commitments in free trade agreements reflect these concerns. During this event, Makan Delrahim discusses fresh thinking on ways to promote procedural convergence in global antitrust enforcement.
Speaker
Makan Delrahim
Assistant Attorney General, Antitrust Division, U.S. Department of Justice
Presider
John B. Bellinger III
Adjunct Senior Fellow for International and National Security Law, Council on Foreign Relations; Partner, Arnold & Porter Kaye Scholer LLP
Subscribe to our channel: https://goo.gl/WCYsH7
The Council on Foreign Relations (CFR) is an independent, nonpartisan membership organization, think tank, and publisher.
Visit the CFR website: http://www.cfr.org
Follow CFR on Twitter: http://www.twitter.com/cfr_org
Follow CFR on Facebook: https://www.facebook.com/councilonforeignrelations/
https://wn.com/Promoting_Due_Process_In_Global_Antitrust_Enforcement
Competition enforcement agencies around the world seek to promote due process in antitrust investigation and enforcement procedures. Policy recommendations from international organizations and legally binding commitments in free trade agreements reflect these concerns. During this event, Makan Delrahim discusses fresh thinking on ways to promote procedural convergence in global antitrust enforcement.
Speaker
Makan Delrahim
Assistant Attorney General, Antitrust Division, U.S. Department of Justice
Presider
John B. Bellinger III
Adjunct Senior Fellow for International and National Security Law, Council on Foreign Relations; Partner, Arnold & Porter Kaye Scholer LLP
Subscribe to our channel: https://goo.gl/WCYsH7
The Council on Foreign Relations (CFR) is an independent, nonpartisan membership organization, think tank, and publisher.
Visit the CFR website: http://www.cfr.org
Follow CFR on Twitter: http://www.twitter.com/cfr_org
Follow CFR on Facebook: https://www.facebook.com/councilonforeignrelations/
- published: 01 Jun 2018
- views: 462
1:28:25
Reforming Antitrust Policy for an Era of Global Competitiveness
There has been increasing pressure in both the United States and the EU for competition authorities to look more askance at big firms, because bigness too often...
There has been increasing pressure in both the United States and the EU for competition authorities to look more askance at big firms, because bigness too often is viewed as inherently anticompetitive. As trust in big firms has soured, some policymakers have become less willing to consider how antitrust policy, especially as applied in merger reviews, can affect firms’ productivity and competitiveness. In Europe, this was borne out in the recent rejection of a proposed merger between Alstom and Siemens, a marriage that was planned in large part to make the European companies more competitive versus China’s state-owned high-speed rail behemoth CRCC. And in the United States, it was reflected in the Federal Trade Commission’s requirement that semiconductor maker NXP to divest itself of its RF power business as a precondition for its $11.8 billion acquisition of U.S.-based Freescale Semiconductor Ltd.—a ruling that allowed China to acquire the business and gain key technological advantage.
ITIF hosted a webinar exploring how competition authorities can better consider the productivity and competitiveness implications of antitrust policy, including in merger reviews.
Follow @ITIFdc and join the discussion on Twitter with the hashtag #ITIFcompetitiveness.
https://wn.com/Reforming_Antitrust_Policy_For_An_Era_Of_Global_Competitiveness
There has been increasing pressure in both the United States and the EU for competition authorities to look more askance at big firms, because bigness too often is viewed as inherently anticompetitive. As trust in big firms has soured, some policymakers have become less willing to consider how antitrust policy, especially as applied in merger reviews, can affect firms’ productivity and competitiveness. In Europe, this was borne out in the recent rejection of a proposed merger between Alstom and Siemens, a marriage that was planned in large part to make the European companies more competitive versus China’s state-owned high-speed rail behemoth CRCC. And in the United States, it was reflected in the Federal Trade Commission’s requirement that semiconductor maker NXP to divest itself of its RF power business as a precondition for its $11.8 billion acquisition of U.S.-based Freescale Semiconductor Ltd.—a ruling that allowed China to acquire the business and gain key technological advantage.
ITIF hosted a webinar exploring how competition authorities can better consider the productivity and competitiveness implications of antitrust policy, including in merger reviews.
Follow @ITIFdc and join the discussion on Twitter with the hashtag #ITIFcompetitiveness.
- published: 26 Mar 2020
- views: 305