Category: Publications

Expert Q&A on Competition Law and Sustainability

Economists Frederic Palomino, Soledad Pereiras and Nadine Watson participated in a Q&A with Financier Worldwide on competition law and sustainability. The authors discuss the key trends in sustainability initiatives in competition law, how authorities can strike a balance between promoting sustainability efforts and restricting anti-competitive practices, and how companies can assess potential harms and benefits … Continued

Survey evidence on user multi-homing in online retail businesses

In this paper, John Davies, Sergey Khodjamirian, Felix Giallombardo, Pietro Aletti consider empirical evidence on multi-homing in online retailing in the context of the ‘gatekeeper’ concept. The team reviews independent survey evidence on multi-homing in online marketplaces and analyses results from two surveys of five countries in Europe, commissioned by Amazon and conducted by market … Continued

Latin America’s Digital Markets: Competition or Regulation?

Manuel Abdala and Alejandro Lombardi recently co-authored a chapter in the second edition of Competition Law in Latin America: A Practical Guide. The book analyzes in depth the giant steps taken by the Latin American countries to reposition their competition authorities in the global antitrust realm, awarding them increased autonomy both domestically and internationally. Latin America’s … Continued

Expert Q&A on horizontal and vertical merger enforcement

Expert Economists Joe Perkins, Salvatore Piccolo and Guillaume Duquesne participated in a Q&A with Financier Worldwide for their July issue on how mergers can affect businesses, workers and consumers, and how regulatory authorities could improve horizontal and vertical merger enforcement.

Providing New Evidence: Using AI in Merger Proceedings

Written by Enrico Alemani and Jaime Coronado Natural language processing (“NLP”) is a branch of Artificial Intelligence (“AI”) focused on how computers can understand language (e.g. written text) in much the same way human beings do. In this article, the data science team explores how NLP can be a new helpful tool in merger proceedings, … Continued

Cross-sectional dispersion and bank performance

Xanthi Gkougkousi, a Vice President in our Washington, DC office, recently co-authored a paper entitled “Cross-sectional dispersion and bank performance” which appears in the Journal of Banking & Finance. The article studies the association between cross-sectional earnings dispersion and the banking sector’s performance. Abstract: We examine the relation between cross-sectional earnings dispersion and the banking … Continued

Self-Preferencing in Markets with Vertically Integrated Gatekeeper Platforms

Expert Economists Jorge Padilla, Joe Perkins and Salvatore Piccolo wrote an article for the Journal of Industrial Economics. The article discusses the competitive strategies of ‘gatekeeper’ platforms and analyzes a model in which a gatekeeper device-seller facing potentially saturated demand for its device has the incentive and the ability to exclude from the market third-party … Continued

Defining relevant markets in the pharmaceutical industry

Expert Economist George Siotis authored an article for Concurrences in which he argues that, in abuse proceedings involving both foreclosure and exploitative abuse, defining relevant markets conditional on the nature of the infringement offers a cogent framework. The insights also transpose to mergers. Abstract Art 102 proceedings require concomitance: the incriminated undertaking must be deemed dominant at the time … Continued