Tag: Potential competition
Antitrust Chronicle® – Economics of Potential Competition
Dear Readers,
Potential (as opposed to “actual”) competition is defined, essentially, as a competitive constraint on a given firm’s behavior that might “potentially” arise, but...
Economics of Potential Competition
Potential competition is an economic force not yet shaping competition in a given market, but which has the potential to do so in the...
Economic Issues in Assessing Potential and Nascent Competition
Potential and nascent competition have seen renewed interest from academics, antitrust practitioners, and United States enforcement agencies in recent years. For example, the Federal...
Potential Competition Mergers: Lessons from Outside the Box
The puzzle of potential competition mergers is not theoretical but empirical — verifying that the firm not in the market is a likely significant...
Making the Potential Competition Doctrine Great Again
Antitrust enforcement efforts against “big-tech” have been hobbled by the destruction of the “potential competition doctrine.” This post describes how the Supreme Court made...
Discriminatory Antitrust in the Realm of Potential and Nascent Competition
One of the most important topics in antitrust is how to analyze potential and nascent acquisitions by the largest digital platforms. Notably, there have...
Potential Competition as Process and Structure
Before the development of formal price theory in the early twentieth century, which included the invention of the theory of “perfect” competition, economists held...
The Lundbeck Case and the concept of potential competition
Posted by Social Science Research Network
The Lundbeck Case and the concept of potential competition
By Sandra Marco Colino (The Chinese University of Hong Kong), Niamh...