The Year in Review: Economics at the Antitrust Division, 2020–2021

Autor:	Brian Clark, Jeffrey S. Lien, Jeffrey M. Wilder
Rok vydání:	2021
Předmět:	Organizational Behavior and Human Resource Management Economics and Econometrics Status quo Strategy and Management media_common.quotation_subject Year in review Competitor analysis Division (mathematics) Economic Justice Competition (economics) Power (social and political) Management of Technology and Innovation Business Monopoly Industrial organization media_common
Zdroj:	Review of Industrial Organization. 59:651-663
ISSN:	1573-7160 0889-938X
DOI:	10.1007/s11151-021-09842-x
Popis:	Challenging anticompetitive acquisitions of nascent competitors is a top priority of the Antitrust Division of the U.S. Department of Justice. It is especially important that competition agencies remain vigilant of such acquisitions in platform markets, where indirect network effects and other market forces tend to preserve the status quo at the expense of smaller, more innovative rivals and potentially final consumers. This article discusses two such attempted acquisitions: (1) Visa’s acquisition of technology firm Plaid that threatened to disrupt Visa’s monopoly power in online debit; and (2) Sabre’s acquisition of Farelogix, which is a firm that allows airlines to connect directly to travel agencies and thereby disintermediates Sabre and other global distribution systems.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::9e85c807157e881eefcaf4022293f8ee https://doi.org/10.1007/s11151-021-09842-x Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
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