Casenote, Pricing Patents - FRAND royalities as an antitrust remedy after Microsoft
January's Casenote, Pricing Patents - FRAND royalities as an antitrust remedy after Microsoft examines the use of fair, reasonable and non-discriminatory pricing as a remedy in dominance/monopolisation cases.  The EC Commission in its landmark 2004 Microsoft (2004) decision effectively imposed price controls on Microsoft's interoperability protocols. The Casenote examines the difficulties of determining FRAND royalities in intellectual property cases.

Casenote, Bill and Keep: A solution to the termination monopoly? Oct 2007
Our October Casenote Bill and Keep: A solution to the termination monopoly? examines the pros and cons of a move from termination/interconnection charges to a bill and keep (BAK) regime.  BAK has received increasing attention from regulators, including the European Commission, and has recently been implemented in some countries, such as New Zealand. It is therefore a topical subject which requires serious attention by network operators, and policy makers.

European Cartel Fines and Prosecutions 1998-2007 - A statistical analysis, Sept. 2007
Case has updated its statistical analysis of the European Commission's prosecution of cartels. This examines the administrative fines imposed on price-fixers over the period 1998 to September 2007 based on all 39 fully reported cartel decisions involving 50 cartels and 269 firms.  It shows how fines have been calculated in practice under the 1998 Penalty Guidelines and leniency programme, and adjusted by the courts on appeal.  A full copy of the report is available online from the ssrn website.

Casenote, Market Power in Electricity Mergers, Sept. 2007
Market Power in Electricity Mergers looks at the pros and cons of using the Pivotal Supply Index (PSI) to assess market power in mergers in the electricity generation sector.

Network Effects and Two-sided Markets, July 2007

Network effects and two (or multi)-sided markets, are playing an increasing role in competition law and the regulation of the communications and finance sectors. They have recently been applied to investigations into computer hardware and software, Computer Ticketing Services (CRS), Automated Teller Machines (ATMs) and credit card schemes; and in the evaluation of mergers and industry  standards. This paper sets out and applies the economics of network effects to introduce the lawyer and non-economist of this important development in competition economics. The paper is a module for the Kings College, University of London Postgraduate Diploma/Masters in Economics in Competition Law, 2006/2007 written by Cento Veljanovski who is one of the Course Tutors.  It is available online at the SSRN website.

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