Seminario “Innovation, Competition and Credit Constraints” (U. de Chile)

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OECD-Inspired Reform: The Case of Corporate Fines for Cartel Conduct 16 agosto, 2019
Caron Beaton-Wells, Melbourne Law School and Julie N. Clarke, Melbourne Law School describe OECD-Inspired Reform: The Case of Corporate Fines for Cartel Conduct. ABSTRACT: One of the legacies of Frederic Jenny’s outstanding stewardship of the Organisation for Economic Cooperation and...
D Daniel Sokol
Posner on Vertical Restraints 16 agosto, 2019
Scott Hemphill (NYU) writes on Posner on Vertical Restraints. ABSTRACT: This Essay, part of a symposium honoring Richard Posner’s thirty-six years on the bench, considers the influence of Judge Posner’s opinions about antitrust law. I focus on vertical restraints on...
D Daniel Sokol
Hospital-Physician Integration and Hospital Ownership 16 agosto, 2019
Robert G. Hansen, Tuck School of Business at Dartmouth and Anant K. Sundaram, Tuck School of Business at Dartmouth study Hospital-Physician Integration and Hospital Ownership. ABSTRACT: Employment of physicians by hospitals – typically referred to as vertical integration – has...
D Daniel Sokol

La celebración del contrato a favor de persona a determinar 18 agosto, 2019
¿Qué naturaleza jurídica corresponde al contrato en el que se prevé que una de las partes – ej., el comprador – pueda hacerse sustituir por un tercero que determinará en el futuro? En este breve trabajo de 1926, Stolfi descarta que se trate de un fenómeno representativo (el estipulante celebra el contrato para sí mismo pero no se descarta que exista un fenóm […]
JESÚS ALFARO AGUILA-REAL
El legislador que odiaba a los socios de una sociedad limitada 18 agosto, 2019
«L’atto costitutivo può prevedere specifiche ipotesi di esclusione per giusta causa del socio». Así reza el íncipit (latinajo aprendido hoy: la primera frase) del art. 2473 bis del Codice Civile italiano. Un legislador que se caracteriza por una enorme desconfianza hacia la autonomía privada.Dos observaciones obvias: 1º Con una norma así, el legislador no au […]
JESÚS ALFARO AGUILA-REAL
Los capitalistas humanos 18 agosto, 2019
Son los empleados que reciben una parte significativa de su salario en acciones o derechos sobre acciones de su compañía. En la muestra que utilizan los autores, esta forma de salario representa el 45 % de éste. Esta participación en las ganancias – y en el capital – de la empresa modifica notablemente las proporciones de lo que el factor trabajo “se llev […]
JESÚS ALFARO AGUILA-REAL

Competition Commission of India orders probe against Intel for abuse of dominant position to protect parallel importers from its discriminatory warranty policy 15 agosto, 2019
On 9th August 2019, the Competition Commission of India directed the Director General to carry out investigations against Intel Corporation for allegedly violating Section 3 and 4 of the Indian Competition Act, 2002 (the ‘Act’).[1] The case in hand was filed by Matrix Info Systems Pvt. Ltd. (the Informant) under Section 19(1)(a) of the Act... Continue readin […]
Adrika Bisen, http://competitionlawblog.kluwercompetitionlaw.com/author/adrika-bisen/, Array
Competition shaped by EU policy: A voyage into the unknown 6 agosto, 2019
I. Setting the scene: The EU policy agenda The European Union (EU) treaties have set out a particular goal: the establishment of the single market. Achieving the single market is an objective with unclear boundaries regarding tools, stages and expected final outcome. The EU treaties established a goal that implied a voyage into the unknown.... Continue readi […]
Enrique Bravo-Garcia, http://competitionlawblog.kluwercompetitionlaw.com/author/enrique-bravo-garcia/, Array
Recent Developments in Canadian Cartel Enforcement: Is Business Becoming Immune to the Competition Bureau’s Immunity/Leniency Programs? 3 agosto, 2019
Recent Developments in Canadian Cartel Enforcement: Is Business Becoming Immune to the Competition Bureau’s Immunity/Leniency Programs? Charles Tingley, Mark Katz, Anita Banicevic As noted in our July 26/19 post on Recent Developments in Canadian Merger Review, merger enforcement in Canada is already seeing the impact of the March 2019 appointment of Matthew […]
Mark Katz, http://competitionlawblog.kluwercompetitionlaw.com/author/mark-katz/, Array

Some Early Thoughts On the Division’s New Policy On Corporate Compliance Programs (From a Guy Who Was Admittedly Against This When He Was With the Division) 8 agosto, 2019
There has been a great deal of publicity surrounding the Antitrust Division’s recent announcement that a corporation involved in a criminal antitrust violation may get credit for an antitrust compliance program if certain conditions are met. The credit may include a DPA (Deferred Prosecution Agreement: the government reaches a plea agreement with the defend […]
Robert E. Connolly, http://antitrustconnect.com/author/roberteconnolly/, Array
Antitrust Division Announces New Policy to Spur Corporate Compliance 19 julio, 2019
Those familiar with this blog have seen a number of posts questioning the Department of Justice Antitrust Division’s long-standing position that a company shouldn’t be rewarded for having a corporate compliance program that fails it. Last week, the Antitrust Division announced that it will now consider corporate compliance at the charging stage of criminal a […]
Thomas Wolfe, http://antitrustconnect.com/author/wolfetom/, Array
The Enduring Rationale for “Limits of Antitrust” 24 junio, 2019
Steven J. Cernak[1] For this panel, we have been asked to revisit now-Judge Frank Easterbrook’s seminal 1984 article, “Limits of Antitrust”. Is it still an appropriate guide to antitrust enforcement, both for the FTC and U.S. courts? Or, like many of the rest of us 35 years later, is it a little creaky and, perhaps,... Continue reading The post The Enduring […]
Steven J. Cernak, http://antitrustconnect.com/author/stevencernak/, Array

Canadian Spam Law (CASL): Common Compliance Errors 18 agosto, 2019
August 18, 2019 Canada’s federal anti-spam legislation (CASL) came into force more than five years ago. Since then, marketers and their advisors have been working to comply with what remains a complex and difficult law with a number of outstanding uncertainties in key areas. In providing CASL advice to marketing clients since the law came into […]
admin
Canadian Government Approves Airline Merger in Northern Canada, Despite Competition Bureau Concerns 17 julio, 2019
July 17, 2019 Practical Law Canada has published a New Legal Update, which discusses the recent decision by the Canadian Government to approve, subject to conditions pursuant to the Canada Transportation Act, the merger of First Air and Canadian North airlines in northern Canada. This approval is notable in that it comes after a Competition Bureau […]
admin
Ticketmaster Entities Agree to $4 Million Penalty to Settle Drip Pricing Advertising Case 27 junio, 2019
June 27, 2019 On June 27, 2019, the Competition Bureau (Bureau) announced that Ticketmaster L.L.C., TNow Entertainment Group, Inc. and Ticketmaster Canada LP have agreed to pay a $4 million penalty and $500,000 of the Bureau’s costs relating to allegedly misleading online ticket sale pricing claims. See Ticketmaster to pay $4.5 million to settle misleading p […]
admin

La Comisión (UE) publica sus «Passing-on Guidelines» (julio 2019) 9 julio, 2019
La Comisión (UE) ha publicado su última aportación para ayudar a la cuantificación del daño derivado de infracciones de competencia, esta vez en relación con el sobrecoste repercutido al comprador indirecto (su texto aquí), cumpliendo de esta forma con el artículo 16 de la Directiva 2014/104/UE (la conocida «Directiva de Daños»). Conviene recordar que el art […]
Doble sanción («doble barrera») y principio «non bis in idem» (STJUE de 3 de abril de 2019) 27 mayo, 2019
La Sentencia del TJUE de 3 de abril de 2019 (aquí) trata el interesante tema de la «aplicación doble» del Derecho Antitrust por parte de Autoridades Nacionales, como respuesta a una petición de decisión prejudicial planteada por el Tribunal Supremo de Polonia en un asunto relativo a un abuso de posición dominante. La posible imposición de una doble multa (un […]
La aplicación del «principio de continuidad» al ámbito de las acciones de responsabilidad civil derivada de ilícitos antitrust (Skanska) 16 marzo, 2019
Ahí continúa, pese a todo... (Photo by F. de la Vega)El TJUE resuelve en su sentencia de 14 de marzo de 2019 (aquí) una petición de decisión prejudicial relacionada con las acciones de indemnización por infracción del Derecho de la Unión en materia de competencia. Se plantea la determinación del «responsable» por los daños derivados de ilícitos antitrust cua […]

Comisión Europea v Google 28 agosto, 2015
Hace cuatro meses, la Comisión Europea le envió a Google [Diclaimer: este blog se aloja en un sitio de Google] su Statement of Objections (SO) en la que indicaba qué le objetaba a dicha firma (síntesis: buscador, android tal vez, otros que no recuerdo). La investigación comenzó en 2010, convengamos. En síntesis, se decía:"Google systematically positions […]
Francisco Agüero
i am back 28 agosto, 2015
El último post fue hace varios meses. Razones para escribir, abundan. Razones para no escribir, pueden ser mayores. Como sea: I am back.
Francisco Agüero
U. of Chicago Summer Institute Law and Economics: Economic Analysis of Contracts and Commercial Law 14 enero, 2015
Un interesante programa en Derecho & Economía imparte la Facultad de Derecho de la Universidad de Chicago, en julio de este año. Me parece recomendable (disclaimer: postulé a él), y hay docentes del nivel de Eric Posner, Randal Picker, entre otros.Más información, acá: http://www.law.uchicago.edu/lawecon/summerinstitute P.D.. El deadline se ha extendido, […]
Francisco Agüero

Mobile payments, antitrust and socio-economic development 18 julio, 2018
Digital Markets, Mobile Payments Systems, and Development – Competition Policy Implications in Developing Countries in Light of the EU Experience “Abstract The digitization of economic activity has important socio-economic development implications and at the same time creates challenges for antitrust analysis. These implications and challenges have been met […]
DevelopingWorldAntitrust
A contribution to the empirics of algorithmic pricing 12 julio, 2018
An Empirical Analysis of Algorithmic Pricing on Amazon Marketplace “Abstract The rise of e-commerce has unlocked practical applications for algorithmic pricing (also called dynamic pricing algorithms), where sellers set prices using computer algorithms. Travel websites and large, well known e-retailers have already adopted algorithmic pricing strategies, but […]
DevelopingWorldAntitrust
What do computer scientists have to say about algorithmic collusion? 4 julio, 2018
The importance of talking to computer scientists before making assumptions about what pricing algorithms can do: Algorithms, Machine Learning, and Collusion “Abstract This paper discusses the question whether self-learning price-setting algorithms are able to coordinate their pricing behaviour to achieve a collusive outcome that maximizes the joint profits o […]
DevelopingWorldAntitrust

Recidivism: a Commission fining policy that might not be hitting the mark 5 julio, 2016
Kevin Coates
Defining a single and continuous infringement in cases with asymmetrical participation 31 mayo, 2016
Defining a set of conduct as a single and continuous infringement (SCI) has significant consequences for parties to a cartel, in particular for their exposure in follow-on damages actions. It is no surprise, therefore, that the increased prevalence of damages actions in Europe has led to greater scrutiny of the Commission’s findings about SCI. In […]
Kevin Coates
Something old and something new 30 mayo, 2016
As avid readers of social media, Politico, Chillin Competition and other places will know, I left the Commission at the end of February. On 4 April I joined Covington’s growing competition team in Brussels. I will continue to write on this blog – though experience has taught me to make no promises as to whether […]
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Derecho y Políticas de Libre Competencia en América Latina

Competencia y Regulación en América Latina | Antitrust and Regulation in Latin America | Concorrência e Regulamento na América Latina

Seminario “Innovation, Competition and Credit Constraints” (U. de Chile)

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Seminario “Innovation, Competition and Credit Constraints” (U. de Chile)

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