Damage Quantification in Algorithmic Abuse Cases – the Elusive Counterfactual
Competition Policy Blog
by Andreas Stephan
2M ago
(by Peter Ormosi) On the 5th of  February 2024 the Competition Appeal Tribunal published a ruling to determine the carriage dispute in relation to two applications to commence collective proceedings against Amazon regarding Amazon’s Buy Box.[1] Interestingly, the ruling (which went unanimously in favour of Mr Hammond’s application) included a short discussion of the counterfactual.[2 ..read more
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The Legal Definition of Self-Preferencing: Too Narrow, Too Broad, or Both?
Competition Policy Blog
by Bruce Lyons
5M ago
(by Peter Ormosi[1])  Self-preferencing is usually defined as when a large digital platform treats its own (vertically integrated) products more favourably than those of its competitors.  Such behaviour may be harmful to consumers.[2]  Versions of this definition have now been embodied in EU and UK legislation which also makes such behaviour illegal for gatekeepers or ..read more
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Will the Renters (Reform) Bill fuel a Housing Catastrophe in the Private Rented Sector?
Competition Policy Blog
by Andreas Stephan
6M ago
(by Tola Amodu) The rented housing market in the UK has historically relied on supply of housing stock from the state. More recently, the private rental sector has grown significantly in size attracted by continuing low interest rates. This blog post argues that with a change in the economic landscape, quite a bit more needs ..read more
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Competition litigation funding doesn’t grow on trees – unintended consequences of the UKSC’s PACCAR decision
Competition Policy Blog
by Andreas Stephan
6M ago
(by Sebastian Peyer, Adrian Render, Chris Thomas)The recent Supreme Court decision in PACCAR has put litigation funding in competition opt-out actions high on the agenda.[1] In this blog post we critically analyse an obiter (non-binding) statement the Supreme Court made in the judgment, which suggests the litigation funding and return on investment can only be ..read more
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What Would Adam Smith Have Thought About Modern Cartel Policy, 300 Years After His Birth?
Competition Policy Blog
by Bruce Lyons
10M ago
(By Bruce Lyons)  The Tercentenary of Adam Smith’s birth prompted me to revisit one of the most famous quotes in competition policy and remind myself what he really said and in what context. Would he have approved of modern cartel policy, or would he have considered it regulatory meddling in the natural working of the ..read more
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Cloud Portability and Interoperability under the EU Data Act: Dynamism versus Equivalence
Competition Policy Blog
by Andreas Stephan
1y ago
(by Sean Ennis and Ben Evans) For the EU legislator, the proposal for a Data Act represents an important step towards the enactment of long-term rules aimed at establishing good governance of the data economy and appropriate incentives to innovate. While the proposed regulation contains many valuable provisions that are worthy of implementation, we find ..read more
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Public service broadcasting – a renewed need in the time of recommender systems?
Competition Policy Blog
by Andreas Stephan
1y ago
(by Peter Ormosi[i]) Digitisation has entirely rewritten the way we consume audio and audio-visual content. Some of the market failures that characterised the analogue broadcasting era, have seemingly disappeared in a world where evaporating fixed costs mean that the most niche content is now available online. In this world, there are increasingly vocal arguments that ..read more
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Brexit Sunset Clause Risks Uncertainty for UK Competition Law
Competition Policy Blog
by Andreas Stephan
1y ago
This blog post draws on the presentation given by Professor Catherine Barnard (University of Cambridge) at the ESRC ‘UK in a Changing Europe’, ‘UK Regulation after Brexit Revisited’ event held at the British Academy in London on 27th October 2022. (by Andreas Stephan) The UK’s new Prime Minister, Rishi Sunak, promised to put EU laws ..read more
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Stephen W. Davies (28th June 1948 – 4th August 2022)
Competition Policy Blog
by Bruce Lyons
1y ago
Steve Davies was one of a handful of leading IO economists in the UK whose research developed the discipline during the decades as it evolved from naïve structure-conduct-performance, through game theory and econometric identification of causation, to the ‘economic approach’ in practical competition policy and policy evaluation.  He was General Editor of the Journal of ..read more
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Energy Affordability: Heading Back to the 1980s?
Competition Policy Blog
by Bruce Lyons
2y ago
(By Dr David Deller) Over the past few months there has been intense discussion of a coming ‘cost of living crisis’. A key element is the expected sharp rise in energy bills in April, when Ofgem must revise the energy price cap to reflect a sharply higher gas price in wholesale markets. This blog provides ..read more
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