{"product_id":"antitrust-settlements-how-a-simple-agreement-can-drive-the-economy-9789403511337","title":"Antitrust Settlements: How a Simple Agreement Can Drive the Economy","description":"\u003cp\u003e • Author(s): Giovanna Massarotto\u003cbr\u003e • Publisher: Kluwer Law International\u003cbr\u003e • Publisher Imprint: Kluwer Law International\u003cbr\u003e • BISAC: International\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eCompetition enforcement authorities use settlements as a tool to ensure compliance with antitrust law. Companies can make commitments to remedy breaches, ensuring that they avoid litigation and potential fines and reputational damage. The author of this highly original and innovative book shows that, rather than fines or arguing principles of competition law in litigation, antitrust settlements (namely U.S. consent decrees and EU commitment decisions) hold the key to globally effective enforcement, particularly in the digital and blockchain era. Antitrust law does not necessarily need to be abolished, but rather should be fully exploited as an economic regulation led by antitrust settlements.\u003cbr\u003e In supporting her thesis, the author examines such elements of competition enforcement as the following: \u003c\/p\u003e \u003cul\u003e \u003cli\u003edrawbacks of allowing the courts to regulate markets;\u003c\/li\u003e \u003cli\u003ewhether antitrust settlements sacrifice antitrust deterrence;\u003c\/li\u003e \u003cli\u003ehow settlements rapidly and surgically regulate markets;\u003c\/li\u003e \u003cli\u003ecomparative analysis between U.S. consent decrees and EU commitment decisions;\u003c\/li\u003e \u003cli\u003eeconomic analysis on the adoption of antitrust settlements in both the U.S. and EU markets from 2013 to 2018;\u003c\/li\u003e \u003cli\u003efundamental role of antitrust settlements in regulating the current digital markets; and\u003c\/li\u003e \u003cli\u003ecomprehensive description on how to use antitrust settlements to regulate the data industry.\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eWith its thorough guidance on U.S. consent decrees and EU commitment decisions from their functioning to their characteristics and procedure--and its extensive treatment of the main antitrust remedies available and used in enforcing of antitrust law in both the U.S. and EU--the book provides both an economic and a legal analysis of the functioning and the scope of antitrust settlements. It assesses the influence of decisions on companies' behavior and agencies' practice, using economic analysis to show the procompetitive or anticompetitive effects of remedies, with special attention to digital markets.\u003cbr\u003e Because markets have become so dynamic and unpredictable that is difficult to preserve efficiency, the author says, there is a little room for law--economic regulation is a better fit. This book is a springboard to further investigate how a simple antitrust enforcement tool, having turned competition law into an economic regulation policy, can drive our economy, leading both the antitrust and regulatory interventions in tackling today's market challenges.\u003c\/p\u003e","brand":"Atlantic Books","offers":[{"title":"Hardcover","offer_id":46456839340183,"sku":"9789403511337","price":15982.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9789403511337.webp?v=1769179623","url":"https:\/\/atlanticbooks.com\/products\/antitrust-settlements-how-a-simple-agreement-can-drive-the-economy-9789403511337","provider":"Atlantic Books","version":"1.0","type":"link"}