Faculty News
Prof. Nicholas Economides on Google's antitrust lawsuit in the European Union
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Excerpt from BBC -- "The law is stricter in the European Union... It's significantly stricter as to what defines... dominance. In the United States, people would say dominance requires 65% or more market share. Well, in the European Union, it may be 50, it may be even 40. So, that's a big difference. In the particular case we have in mind here, that doesn't really matter that much because Google has 90% market share in search in Europe. Therefore, the issue is not so much whether it's a dominant firm or not. It's more of the issue whether the particular allegations are seen by the Europeans as much more anti-competitive than by the Americans."
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Additional coverage appeared on Marketplace.
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Additional coverage appeared on Marketplace.