Compass Lexecon EMEA Chair, Jorge Padilla, and Senior Policy Advisor, Andrew Tuffin, contributed to the Cambridge University Press book 5G and Beyond: Intellectual Property and Competition Policy in the Internet of Things, with a chapter on the geopolitical implications of patent holdout and the ensuing race to the home court. In the chapter, the authors discuss the danger posed to standardization in wireless technology markets by strategic efforts to initiate SEP-related litigation in courts that are perceived to favor the interests of innovators or implementers.
Economists Guillaume Duquesne, Thibaut de Bernard, Kadambari Prasad, Paul Armstrong and Thomas Bowman recently authored a chapter in the third edition of Global Competition Review’s Digital Markets Guide on the topic of self-preferencing in digital markets.
Senior Consultant, Damien Neven, co-authored an article for the Journal of Competition Law & Economics alongside academic affiliate, Gerard Llobet, exploring the effects of investment and patent licensing in the value chain. Abstract At which stage in the production chain should patent licensing take place? In this paper we show that under realistic circumstances a patent holder would … Continued
Senior Managing Director, Jorge Padilla, co-authored an article for the Economic Journal alongside academic affiliate, Daniele Condorelli, presenting a theory of monopoly protection by means of entry in adjacent markets that have a common customer base.
Vice President, Peter Ormosi, co-authored a paper alongside Amelia Fletcher and Rahul Savani, discussing how the recommender systems systemic biases might be expected to worsen end-user choices and harm competition between suppliers on digital platforms. Abstract Digital platforms can offer a multiplicity of items in one place. This should, in principle, lower end-users’ search costs … Continued
Economists Thomas Bowman, Thibaut de Bernard and Guillaume Duquesne co-authored a paper for Concurrences on market definition. The authors argue that traditional approaches towards market definition need to be adapted for digital ecosystems, and discuss a practical application to the recent NVIDIA/Arm merger. Abstract Understanding competition between ecosystems is increasingly important in competition cases concerning … Continued
Experts economist Jorge Padilla, Joe Perkins and Salvatore Piccolo contributed to the Research Handbook on Global Merger Control. Authored by leading legal practitioners, economists, enforcers and jurists, the Global Merger Control discusses challenges and predicts how merger control is likely to evolve in the coming years.
Economists John Davies, Valérie Meunier, Gianmarco Calanchi and Angelos Stenimachitis recently authored an article for the US Antitrust Bulletin discussing the Digital Markets Act (DMA) and the missed opportunity by the European Commission (EC) to introduce a market investigation tool. The authors explore the DMA’s approach using the error cost framework, the consequences of restricting … Continued
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
On 21 April, economists Soledad Pereiras and Justin Coombs spoke at the Concurrences Innovation Economics conference for antitrust lawyers at King’s College London. Soledad focused on market definition in digital markets, while Justin discussed potential exclusionary behaviour by companies and their effects on the market and consumers. Panel 1 – Market definition in innovation markets: … Continued