Xerox invented trendy copier know-how and was so profitable that its model title grew to become a verb. In 1972, U.S. antitrust authorities charged Xerox with monopolization and ultimately ordered the licensing of all its copier-related patents. As new analysis by Robin Mamrak exhibits, this antitrust intervention promoted subsequent innovation within the copier business, however … [Read more…]
Simcha Barkai describes the outcomes of recent analysis inspecting the influence of antitrust enforcement on U.S. financial exercise with co-authors Tania Babina, Jessica Jeffers, Ezra Karger, and Ekaterina Volkova. Enforcement, they discover, will increase financial exercise. In new work, joint with Tania Babina, Jessica Jeffers, Ezra Karger, and Ekaterina Volkova, we hand-collect a whole historical … [Read more…]
Most mergers in industries with solely a handful of opponents are anticompetitive, so why don’t we block them? The repair is to make use of a structural presumption to decrease the burden for regulators. Declining merger enforcement over the previous 25 years has harmed shoppers, staff, nondominant companies, and the U.S. financial system typically. In … [Read more…]