Antitrust Bulletin articles from March 2006

Antitrust Bulletin archives from March 2006

Complexity, networks, and the modernization of antitrust: the American Antitrust Institute's roundtable on the science of complexity and antitrust.
March 22, 2006... I. INTRODUCTION As modern antitrust evolves and moves forward into the new century, it continues to benefit from advancements in our understanding of competition. The majority of these advancements reflect the ongoing integration of...

Complexity science and antitrust?
March 22, 2006... I. INTRODUCTION The American Antitrust Institute's address of complexity science and antitrust through its 2005 Roundtable on Complexity, Networks, and the Modernization of Antitrust is extremely timely in light of the ongoing...

Business ecosystems and the view from the firm.
March 22, 2006... I. INTRODUCTION For more than sixty years, markets and hierarchies have dominated our thinking about economic organization. (1) This article suggests that a third form, the ecosystem organizational form, has now become so important in...

The information technology ecosystem: structure, health, and performance.
March 22, 2006... I. OVERVIEW A number of modern industries are organized as complex networks of firms whose integrated efforts are necessary to deliver value to end customers. The complexity of these networks, or "business ecosystems," and the associated...

The evolvability of business and the role of antitrust.
March 22, 2006... I. INTRODUCTION Complexity science is relevant to antitrust policy because the economy is a complex adaptive system of economic and noneconomic actors. (1) The study of complexity focuses our attention on the way complex behavior in...

Business relationships and networks: consequences for economic policy.
March 22, 2006... Today's companies are living in quite another world compared with 100 years ago, which was the basis for the theme of the American Antitrust Institute's recent Roundtable on Complexity, Networks, and the Modernization of Antitrust. There are...

Complexity, diversity, and antitrust.
March 22, 2006... I. LIFE AND DEATH This article discusses some ways in which complexity affects antitrust. It is broadly based on my lunchtime talk at the American Antitrust Institute's June 2005 Roundtable on that subject. My choice of topic was inspired...

Competing, countervailing, and coalescing forces: the economics of intra- and inter-business system competition.
March 22, 2006... I. INTRODUCTION The recent work on complexity science, business ecosystems, and networks offers fresh insights into how modern business systems operate, compete, and evolve. In particular, the new literature has focused the spotlight on...

Competition or monopoly? The implications of complexity science, chaos theory, and evolutionary biology for antitrust and competition policy.
March 22, 2006... I. INTRODUCTION Predicting the competitive and economic impacts of business conduct and relationships (1) ranging from horizontal marketing joint ventures to vertical restraints demands an assessment and understanding of "immeasurable...

Doctrinal cross-dressing in derivative aftermarkets: Kodak, Xerox and the copycat game.
March 22, 2006... The articles in this special issue on complexity theory present a promising framework for evaluating the competitive impact of conduct undertaken by a new breed of dominant firm. The framework was described in terms of business networks or...