Before Brexit, the UK could manage the national market competition under the implementation of EU competition law. At the same time, the UK competition regime contributed to the modernisation of EU competition law, which is the shift from the form-based approach to the effects-based approach. Since the UK left the EU, the UK Competition and Market...
Zero-rating refers to a plan or plan option that allows end users of the Internet to use the data they consume to access content of a specific content provider free of charge, that is, free of charge for data transmission. Zero-rating has pro-competitive effects such as increasing internet access and contents use, and increasing platform sales and ...
We examine the effect of bid rigging under the limited lowest price bidding system that divides intervals of bidding prices. A main characteristic of the limited lowest price bidding system is that a reserved price is randomly determined and there is not a pure Nash equilibrium about choosing bidding prices. Thus, bidding firms have uncertainty abo...
This paper aims to examine the effects of the captive market on the upstream affiliated firm\'s productivity and sales growth. We restrict the sample to the Chaebol firms in the SI industry for the period of the year 2009 to the year 2017. The key findings are summarized as follows. First, based on DEA(data envelopment analysis), we find that the c...
We consider and discuss the effects of personalized pricing, focusing on the issues of consumer welfare and discrimination costs. Following the framework of price discrimination theory, we can say that the firms utilizing consumer big data ultimately aim at first-degree price discrimination in the long run while we will observe first the transition...
Globally and domestically, more strict regulation and antitrust enforcement on digital platforms are demanded by academics and competition policy authorities. This paper aims to examine from economics point of view the supporting arguments and institutional arrangements targeted toward digital platforms. It critically analyze a number of New-Brande...
On January 28, 2021, a bill of enactment of the Act on the Fairness of Online Platform Intermediary Transactions(¡°the Online Platform Intermediary Transactions Fairness Bill¡±) prepared by the Korea Fair Trade Commission(¡°the KFTC¡±) was submitted to the National Assembly. This bill is aimed at addressing the risk of unfair trade practices against bu...
Recently, as wealth inequality intensifies around the world, it has been considered as an urgent national task to resolve the wealth polarization. As a result, it has been argued that more comprehensive and diverse policy measures, including competitive laws, need to be mobilized to improve wealth distribution. However, according to the mainstream ...
As the regulation of the ¡°ceiling on total amount of shareholding in other domestic companies¡± had been removed from Korean ompetition Law in 2009, remaining regulatory tools of countermeasures over excessive economic concentration, e.g. limitation on cross-shareholding, became ineffective regarding the concerns of general concentration. Existing r...
HwangUnder the Monopoly Regulation and Fair Trade Act(hereafter ¡°the Act¡±), the Korea Fair Trade Commission(hereafter ¡°the KFTC¡±) has the primary jurisdiction to interpret, apply, and enforce the prohibition of abuse of a market dominant position, anti-competitive business combinations, collusions, and unfair trade practices. Focusing on the aspect that...
Bong Eui