News

Data Protection and Antitrust: New Types of Abuse Cases? An Economist’s View in Light of the German Facebook Decision

The article "Data Protection and Antitrust: New Types of Abuse Cases? An Economist’s View in Light of the German Facebook Decision" by DICE Consult Partner Prof. Dr. Justus Haucap was published as a Highlight in the Book "The Digital Economy – 2019 Highlights Special Edition". Many services on the Internet are seemingly offered for free. People do not have to pay for them, at lea…

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Competitive Effects of Mergers in highly concentrated Markets

Thyssenkrupp AG plans to sell its entire elevator segment. Kone Corporation, a major player in the elevator and escalator industry (“E&E industry”), has publicly signalled its interest in an acquisition. The Company further signalled that in case of a successful bid it would divest the complete European elevator business of Thyssenkrupp to the private equity firm CVC for antitrust reasons. Sev…

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Double Nomination for the Antitrust Writing Award

Two publications with DICE Consult participation were nominated for the Antitrust Wiriting Award: "Screening Instruments for Monitoring Market Power−The Return on Withholding Capacity Index [RWC]" by DICE Consult Managing Director Susanne Thorwarth, together with Olivia Bodnar, Alexander Steinmetz and Marc Bataille. "How mergers affect innovation: Theory and evidence" by DICE C…

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Useful Alternative: Bundeskartellamt honours RWC Index

In its current Market Power Report - Energy the Bundeskartellamt acknowledges the Return on Withholding Capacity (RWC) Index, which Marc Bataille, Olivia Bodnar, Alexander Steinmetz and Susanne Thorwarth have developed as an alternative or supplementary indicator for measuring market power in the electricity generation market. The RWC Index enables an assessment of the risk of abusive capacity…

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Competition economics working group discusses vertical merger effects, algorithms and abusive data processing conditions

The Competition Economics Working Group of the Bundeskartellamt met on 13 December with the participation of Prof. Dr. Justus Haucap. The following topics were on the agenda: 1) Mergers between companies at different stages of the value chain, which can lead to cost increases for competitors (raising rivals' costs), 2) the study on algorithms and competition by the Bundeskartellamt with the…

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Workshop: The role of national and international retail alliances in the agricultural and food supply chain

DICE Consult Partner Prof. Dr. Christian Wey was invited by Directorate-General for Agriculture and Rural Development [DG Agri] and Joint Research Centre [JRC] to present about the “Economics of Retail Association and Buyer Power” on the Workshop “The role of national and international retail alliances in the agricultural and food supply chain” held on 4./5. November 2019 in Bussels. Further informa…

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Research with Impact

FTC Commissioners Rohit Chopra and Becca Kelly Slaughter prominently cite recent research by DICE Consult Partner Prof. Dr. Justus Haucap in their statements on the Federal Trade Commission clears Bristol-Myers Squibb acquisition of Celgene. The cited studies can be found here: Justus Haucap, Joel Stiebale [2016], Research: Innovation Suffers When Drug Companies Merge, HARVARD BUSINESS REVIEW…

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Joint Seminar of White & Case and DICE Consult: "Killer Acquisitions in the Pharmaceutical and Digital Industry"

Together with "White & Case", DICE Consult hosted a seminar on "Killer Acquisitions in the Pharmaceutical and Digital Industry". The programme included lectures on the following topics: Theories of harm from an economic and legal perspective Empirical evidence Methods of proving harm Do we need legislative changes? The speakers were: Prof. Dr. Justus Haucap, Partner of…

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