David Fischer on The Antitrust Review: Yesterday, the House of Representatives passed HR 6074 which, in part, would amend the Sherman Antitrust Act. Short title of this act tells us much about sponsors’ intentions: Sec. 1. This Act may be cited as the `No Oil Producing and Exporting Cartels Act of 2007′ or `NOPEC’. Analyst [...]
On May 7 – 9 the Office of Competition and Consumer Protection (UOKiK) carried out a search of headquarters of several polish flour producers: VK Mühlen, Gdańskie Młyny i Spichlerze dr Cordesmeyer, Dolnośląskie Młyny and Cargill (grain trader). The search is a part of procedure to determine whether there exist illicit vertical agreement in restraint [...]
May 14: Yet another text devoted to recent antitrust rulings of the US Supreme Court – The State of Antitrust in 2008 by FTC Commissioner, Tom Rosch. May 15: Polish Office of Competition and Consumer Protection (UOKiK) presented a report on mortgage loans market, revealing that all but a few of contract terms were unfavorable [...]
Polish Office of Competition and Consumer Protection has published a report entitled „Realization of Competition Policy 2006-2007″. Report concludes that most of the Actions specified in „Competition Policy 2006-2007″ action plan were successfully put into effect. Only Priorities 1 and 3 in Area II (competition in radio and television market, competition in railroads market) were [...]
May 6: Professor Josh Wright (GMU Law) continues his outstanding series about present and future of Law and Economics movement and scholarship. May 8: Professor Thom Lambert (MU Law) discusses FTC’s opinion in case of Nine West in which Commission seems to belittle as much as possible Supreme Court’s decision in the Leegin case.In Leegin [...]
AFP reports that on Friday, May 9, Microsoft lodged an appeal at a European court against a record 899 million euro (1.39 billion dollar) fine imposed on it by the EU Commission for defying a landmark anti-trust ruling. Personally, I believe that such cases are the best justified ones in whole antitrust spectrum. As prof. [...]
Recently, I came across a speech given by Thomas O. Barnett (Assistant Attorney General, Antitrust Division, U.S. Department of Justice) entitled Antitrust Update: Supreme Court Decisions, Global Developments, and Recent Enforcement (link). I’d like to point out some highlights of this lecture: Supreme Court is nearly unanimous in its recent antitrust rulings (77 votes for [...]
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