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Nicolas Petit Profile picture
@CompetitionProf
Nov 16, 2021 • 9 tweets • 4 min read • Read on X
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Presenting this morning #7thBiennial on Growing Market Power and Concentration #CCIER #GlobalConference #Economy #Law #PolicyMakers Slides 👇

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More from @CompetitionProf

Nicolas Petit Profile picture
Apr 19
The great @StiglerCenter conference yesterday showcased what @ZephyrTeachout called a series of ‘history panels” on antitrust #StiglerAntitrust24. A thread on why so much focus on history in US antitrust debates 1/n Image
That intense emphasis on history is a fascinating intellectual phenomenon. In contrast, European discussions about antitrust reform are more focused on present-day issues such as concrete policy impacts, legal administrability, and economic soundness 2/n Image
So why the focus on history in the US antitrust convo? I see three possible reasons. One, the neobrandeisian movement needs history to rescue itself from a legitimacy trap it 3/n
Read 15 tweets
Nicolas Petit Profile picture
Jul 10, 2023
The arrival of a new kid on the block in social media holds three lessons for competition in digital markets. A thread on @Threads 1/n
1⃣ A theory of 'broad-spectrum' competition amongst monopoly platforms has strong descriptive power. As I wrote in my book, each dominant tech firms exerts a degree of competitive pressure on the other 2/n https://t.co/jNNP9VhMYaamazon.it/Big-Tech-Digit…
My theory doesn't predict where moligopoly competition hits, but it correctly shows the existence of new channels of competition across markets that current laws incorrectly treat as fraught with monopoly illnesses @Cernaksj reviewed the argument there 3/n https://t.co/SztcRde8Aramericanbar.org/content/dam/ab…
Read 14 tweets
Nicolas Petit Profile picture
Jan 27, 2022
What happened yesterday in @EUCourtPress Intel v Commission, T-286/09 RENV? Hot Takes. For antitrust geeks only 1/n
bloomberg.com/news/articles/…
The General Court (GC) was asked for 2nd time to review legality of an EUCommission setting a > €1 Bi fined against chip maker Intel for abuse of dominance. 2/n
When GC looked the 1st time, it gave the EC a satisfecit. The case was appealed to the upper EU Court (CJEU), which appeared more uncertain 3/n
Read 52 tweets
Nicolas Petit Profile picture
Jan 26, 2022
V simple. The ‘win’ / ‘loss’ framing is polarising. It’s not useful 1/n
Now the law. Annulment proceedings can be understood as a « procès fait à un acte ». EU law does not follow the adversarial model of litigation of anglo-american legal systems. « We » is inappropriate 2/n
And the law again. In continental law systems, judicial control of administrative decisions is a safeguard against excessive encroachment of executive power on the will of the people, as expressed in congressional legislation or constitutional principles and texts 3/n
Read 4 tweets
Nicolas Petit Profile picture
Nov 17, 2021
Sharing my prelim analysis of the main points of law raised by last week's Google Shopping judgment of @EUCourtPress Not my final word.
The General Court approached the case as in Intel v EC, trying to clarify the law
The Court buried to the ground the theory of a transversal Bronner threshold in abuse cases.
Read 13 tweets
Nicolas Petit Profile picture
Nov 15, 2021
I mean every hyperbolic word here => latest convo of @LeConcurrential w/ Bill Kovacic is gold mine of antitrust wisdom leconcurrentialiste.com/a-conversation… 1/n
The requirements of practice makes antitrust laws converge toward rebuttable presumptions, quasi rules, and structured standards 2/n Image
Use of per se rules moves away discussion from economic analytics => legal classification issues, as seen in early Sherman Act cases. Equally facts intensive, and costly for plaintiffs 3/n Image
Read 6 tweets

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