The Dynamics of Corporate Governance: Evidence from Brazil
We study the evolution of corporate governance (CG) practices in Brazil over 2010-2019, using a country-specific Brazil Corporate Governance Index (BCGI) validated in prior . . .
The Dynamics of Corporate Governance: Evidence from Brazil
DIGITAL OVERLOAD: How the Digital Markets, Competition and Consumers Bill’s Sweeping New Powers Threaten Britain’s Economy
Summary The Digital Markets, Competition and Consumers Bill (DMCC or ‘the Bill’) endows the UK’s Competition and Markets Authority (CMA) with extensive new powers to . . .
The Right to Compensation for Damages Caused by Anticompetitive Conduct: From the Case Law of the Court of Justice of the EU to Directive EU/2014/104
Compensation claims for competition infringements are a form of private enforcement of prohibitions against anti-competitive conduct. The proper understanding of this kind of enforcement . . .
A Dynamic Competition Evaluation of the Draft Merger Guidelines 2023
The Federal Trade Commission and the U.S. Department of Justice published a draft update of their merger guidelines in July 2023. This paper reviews . . .
What’s Gone Up is Coming Down? Vertical Mergers in the 2023 DOJ-FTC Draft Merger Guidelines
The economic theory of the firm teaches that vertical (and complementary goods) mergers differ fundamentally from horizontal mergers. Given incomplete contracting at arm’s length, . . .
Finding Marginal Improvements for the ‘Good Enough’ Affordable Connectivity Program
Introduction The Affordable Connectivity Program (ACP) is a federal program that provides eligible low-income households with discounts of up to $30 per-month for broadband-internet service . . .
Stronger Patent Law Increases the Allocation of Resources to External Relative to Internal R&D: Empirical Evidence
How should a technology firm adjust resource allocation between external and internal R&D in response to stronger patent protection? External R&D provides the firm . . .
Originalism, Official History, and Perspectives Versus Methodologies
This paper addresses a well-worn topic: originalism, the theory that judges should interpret the Constitution in a manner consistent with the intent of its . . .
Being an Arthurian: Complexity Economics, Law, and Science
W. Brian Arthur is the father of complexity economics. He is also known for his work on the nature of technology, his experiments with . . .