By: Dirk Auer (Truth On The Market)
The intention behind Brexit was to liberate the United Kingdom from burdensome regulations and bureaucracy imposed by Brussels. However, aspirations of transforming into a thriving tech hub akin to Singapore are gradually being overshadowed by poorly thought-out regulations that jeopardize Britain’s position on the global stage.
A prime example of this is the recent decision by the UK Competition and Markets Authority (CMA) to block the merger between Microsoft and game-maker Activision-Blizzard. Astonishingly, barely a month after the CMA officially expressed its opposition to the merger, the European Commission intervened, throwing a wrench into the proceedings. Despite the same set of facts being examined, the commission, not exactly renowned for its embrace of free-market principles, determined that the merger would enhance competition and benefit consumers, thereby allowing it to proceed within the European sphere…
Featured News
Judge Mehta Questions Both Sides in Landmark Google Antitrust Case
May 2, 2024 by
CPI
FCC Urges Urgent Funding for Removal of Chinese Telecom Equipment from U.S. Networks
May 2, 2024 by
CPI
Former Pioneer CEO Facing Potential Criminal Charges For Colluding With OPEC
May 2, 2024 by
CPI
South Korea’s Antitrust Regulator Greenlights K-Pop Powerhouse Deal
May 2, 2024 by
CPI
Exxon’s Pioneer Purchase Approved, Former CEO Barred from Board
May 2, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI