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Behavioral Antitrust And Monopolization

Author

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  • Maurice E. Stucke

Abstract

One hot topic is whether Google has violated the antitrust laws. Another important topic is how behavioral economics can enrich antitrust policy. This article examines two implications of behavioral economics on antitrust monopolization law. The article first discusses trial-and-error learning as an entry barrier. This is timely given the current debate over the entry barriers of the search engine market. The article next discusses behavioral exploitation to maintain a monopoly. The behavioral economics literature can help explain the European Commission's tying claims against Microsoft, why the Commission's original remedy failed, and the benefits and risks of the Commission's remedy involving its subsequent prosecution of Microsoft over Internet browsers.

Suggested Citation

  • Maurice E. Stucke, 2012. "Behavioral Antitrust And Monopolization," Journal of Competition Law and Economics, Oxford University Press, vol. 8(3), pages 545-574.
    • Handle: RePEc:oup:jcomle:v:8:y:2012:i:3:p:545-574.
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    File URL: http://hdl.handle.net/10.1093/joclec/nhs018
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    Citations

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    Cited by:

    1. Beatriz Kira & Vikram Sinha & Sharmadha Srinivasan, 2021. "Regulating digital ecosystems: bridging the gap between competition policy and data protection [Merger policy in digital markets: an ex post assessment]," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 30(5), pages 1337-1360.
    2. Shastitko, Anastasia (Шаститко, Анастасия), 2014. "Behavioral Antitrust [Поведенческий Антитраст]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 6, pages 76-91, December.

    More about this item

    JEL classification:

    • L12 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Monopoly; Monopolization Strategies
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L40 - Industrial Organization - - Antitrust Issues and Policies - - - General
    • L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices
    • L63 - Industrial Organization - - Industry Studies: Manufacturing - - - Microelectronics; Computers; Communications Equipment
    • D42 - Microeconomics - - Market Structure, Pricing, and Design - - - Monopoly

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