Antitrust & Consumer Protection

Overview

ICLE’s antitrust and consumer protection research agenda emphasizes an empirical, evidence-based approach, informed by a decision theory (“error cost”) mode of analysis. Our scholars evaluate the social costs and benefits of proposed interventions, focusing in particular on how institutions affect the appropriateness and the effectiveness of antitrust enforcement.

Fine is Only One Click Away

In a US Senate Hearing in 2011, Eric Schmidt, Google’s CEO, stated that ‘competition is only one click away’. On 27 June 2017, the European Commission fined Google €2.42 billion for allegedly ‘abusing dominance as search engine by giving illegal advantage to own comparison shopping service’. Ruthlessly, a fine is only one click away too.