Dear Readers,   This edition of the Chronicle gathers timely contributions, each grappling with a deceptively foundational question: What constitutes “harm” in competition law? Sean P. Sullivan opens the discussion…

Persistent ambiguity surrounds the widely accepted view that antitrust law exists to prevent “harm to the competitive process.” While interpretations of this phrase typically divide along familiar ideological lines, ambiguity…

The DOJ and FTC have lost a series of vertical merger cases over the past several years. One possible reason for these losses is the government’s strategy – specifically, that…

California is considering three legislative options to overhaul its antitrust law and sanction single‑firm conduct through European‑style “exclusionary” theories of harm. Such a break from U.S. antitrust jurisprudence would bias…

In this paper, I explore the connection between theories of harm and the goals of EU competition policy. Empirical research shows that EU competition law does not only pursue consumer…

The role of economic effects analysis in dominance or monopolization cases has come under increasing scrutiny in recent policy debates on both sides of the Atlantic. Some advocate a more…

This article examines the interplay between regulation and competition law and explores the rationale for investigating regulatory breaches as potential abuses of dominance. We explore under the conditions under which…

Dear Readers,   This edition of the Chronicle gathers a set of contributions grappling with one of the most pressing economic governance questions of our time: how should competition policy…

This article suggests a refreshed approach to industrial strategy by drawing on principles from business strategy. Recognizing the disruptive shifts in geopolitics, global trade and technology, it lays out ways…

Economic growth has slowed in many countries, in some cases posing significant long-run threats to national well-being and security.  Governments are considering industrial policy to accelerate growth and gain competitive…

Competition policy, through advocacy and enforcement, is essential in ensuring effective industrial policy strategies and outcomes. Drawing on examples from telecommunications, public procurement for the green transition, and digital payment…

Industrial policy, essential for addressing market failures, encounters concerns regarding protecting inefficient firms. We advocate for competition-friendly industrial policies, underscoring the complementary relationship between industrial and competition policies and the…