The Australian approach to “consumer protection” policy is a threat to consumer welfare and free speech

EU markets are more competitive than U.S. markets? Not so fast

A recent NBER working paper by Gutiérrez & Philippon attempts to link differences in U.S. and EU antitrust enforcement and product market regulation to differences in market concentration and corporate profits. The authors are not clear what they mean by lower.

TOTM

A brief overview of the draft CWA GUIDELINES on licensing of SEPs for 5G and IoT

An important but unheralded announcement was made on October 10, 2018: The European Committee for Standardization (CEN) and the European Committee for Electrotechnical Standardization (CENELEC) released a draft CEN CENELAC Workshop Agreement (CWA) on the licensing of Standard Essential Patents (SEPs) for 5G/Internet of Things (IoT) applications.

TOTM