Thoughtful antitrust, not make-believe antitrust. Prof at EUI & co-founder Dynamic Competition Initiative (DCI). Opinions mine only, not of any group or institution I belong to.https://bsky.app/profile/competitionprof.bsky.socialhttps://bsky.app/profile/competitionprof.bsky.social/post/3m5l3hbglqk25Decline is a choice, not a fate. This week, Luis Garicano @siliconcontinent.substack.com.web.brid.gy and Bengt Holmström (MIT), we launched The Constitution of Innovation - a a new European renaissance. We make 6 proposals. Read them at constitutionofinnovation.eu #Europe #Innovation 1/6 https://constitutionofinnovation.eu14 Nov 2025 06:46 +0000at://did:plc:4bsmtb3dk4km2dmm2iby7o7p/app.bsky.feed.post/3m5l3hbglqk25https://bsky.app/profile/competitionprof.bsky.social/post/3m46np5ifwc2qMy latest paper explains why the US v Google case identified monopoly power on the wrong side of the bargaining table. Comments welcome 🙏 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=549142627 Oct 2025 14:42 +0000at://did:plc:4bsmtb3dk4km2dmm2iby7o7p/app.bsky.feed.post/3m46np5ifwc2qhttps://bsky.app/profile/competitionprof.bsky.social/post/3m2vzfguxmk2uThis is so uplifting. There are so many strong symbols to celebrate behind the award: democracy, individual freedom, free markets, and institutions like Nobel that remain independent from political pressure. [contains quote post or other embedded content]11 Oct 2025 10:53 +0000at://did:plc:4bsmtb3dk4km2dmm2iby7o7p/app.bsky.feed.post/3m2vzfguxmk2uhttps://bsky.app/profile/competitionprof.bsky.social/post/3m2vthzg27k2uAm conducting a survey: what did the digital economy break? - local journalism - information trustworthiness - … Please help me complete11 Oct 2025 09:07 +0000at://did:plc:4bsmtb3dk4km2dmm2iby7o7p/app.bsky.feed.post/3m2vthzg27k2uhttps://bsky.app/profile/competitionprof.bsky.social/post/3lxw4prey3s2sThe only value of a university is structural, not substantive. Very nice piece from former @eui-eu.bsky.social law professor Dennis Patterson on academic neutrality https://www.theguardian.com/us-news/ng-interactive/2025/aug/24/how-to-save-the-american-university03 Sep 2025 07:36 +0000at://did:plc:4bsmtb3dk4km2dmm2iby7o7p/app.bsky.feed.post/3lxw4prey3s2shttps://bsky.app/profile/competitionprof.bsky.social/post/3lwwqev7kyk2xIt’s that time to repost “understanding market power” - a full guide to the tricky but essential economics behind antitrust law. If you teach or study antitrust this fall, feel free to use it. Feedback is very welcome to help me improve the next version https://papers.ssrn.com/sol3/papers.cfm?abstract_id=414848921 Aug 2025 20:03 +0000at://did:plc:4bsmtb3dk4km2dmm2iby7o7p/app.bsky.feed.post/3lwwqev7kyk2xhttps://bsky.app/profile/competitionprof.bsky.social/post/3lwqqguj2ms2mCoup de foudre. Le sublime atteint sous la plume de l’empereur Hadrien. Ne naît-on littérairement qu’après sa première rencontre avec Marguerite Yourcenar?19 Aug 2025 10:48 +0000at://did:plc:4bsmtb3dk4km2dmm2iby7o7p/app.bsky.feed.post/3lwqqguj2ms2mhttps://bsky.app/profile/competitionprof.bsky.social/post/3lwhwfmrgm22pGuess who has bargaining power here.15 Aug 2025 22:41 +0000at://did:plc:4bsmtb3dk4km2dmm2iby7o7p/app.bsky.feed.post/3lwhwfmrgm22phttps://bsky.app/profile/competitionprof.bsky.social/post/3lwhdjvwpcc2pOne day against the DMA, the next one against. It’s like his support to Trump. At least Musk is consistent in inconsistency 😁. [contains quote post or other embedded content]15 Aug 2025 17:03 +0000at://did:plc:4bsmtb3dk4km2dmm2iby7o7p/app.bsky.feed.post/3lwhdjvwpcc2phttps://bsky.app/profile/competitionprof.bsky.social/post/3lvyspbg4522xCheck out today’s exhibit on misinformation: @economist.com subtitle suggesting a baseline of irrelevance at the EUI. [contains quote post or other embedded content]09 Aug 2025 22:25 +0000at://did:plc:4bsmtb3dk4km2dmm2iby7o7p/app.bsky.feed.post/3lvyspbg4522xhttps://bsky.app/profile/competitionprof.bsky.social/post/3luqiuxwsgs2nDebate.24 Jul 2025 21:43 +0000at://did:plc:4bsmtb3dk4km2dmm2iby7o7p/app.bsky.feed.post/3luqiuxwsgs2nhttps://bsky.app/profile/competitionprof.bsky.social/post/3lufsxbu4ok2pEncouraging to see Brussels push back on political interference in legitimate bank M&A. Less ideal that consolidation is unfolding along national lines. The big question: will stronger national champions finally unlock real cross-border banking in the EU?20 Jul 2025 15:44 +0000at://did:plc:4bsmtb3dk4km2dmm2iby7o7p/app.bsky.feed.post/3lufsxbu4ok2phttps://bsky.app/profile/competitionprof.bsky.social/post/3ltfodt3jvs2sCan’t be true! Legal scholars claim Amazon dominates without rivals. Economists claim algorithms collude. When theory fails to match reality… ignore reality?07 Jul 2025 20:56 +0000at://did:plc:4bsmtb3dk4km2dmm2iby7o7p/app.bsky.feed.post/3ltfodt3jvs2shttps://bsky.app/profile/competitionprof.bsky.social/post/3lqejuboqyc2nBig data, big power … big what exactly? Was a delight to discuss with @ivanenadic.bsky.social. Looking fwd to our next coffee. [contains quote post or other embedded content]30 May 2025 05:47 +0000at://did:plc:4bsmtb3dk4km2dmm2iby7o7p/app.bsky.feed.post/3lqejuboqyc2nhttps://bsky.app/profile/competitionprof.bsky.social/post/3lp4aq5qevs2vAs @jeffjarvis.bsky.social might say: blaming the decades-old collapse of local journalism on one company - no matter how big - is grotesque. Correlation isn’t causation, even if you’ve got a Nobel Prize.14 May 2025 05:18 +0000at://did:plc:4bsmtb3dk4km2dmm2iby7o7p/app.bsky.feed.post/3lp4aq5qevs2vhttps://bsky.app/profile/competitionprof.bsky.social/post/3lo4ebmaoc22aThe legal illnesses of the EU surface from this 🔥 thread by @lugaricano 1️⃣ Integration through law bureaucratised Europe breaking our ability to build 2️⃣ Infatuation w/ a European 3rd way led to dismiss existing solutions that scale works across energy, health, digital, … [contains quote post or other embedded content]01 May 2025 12:56 +0000at://did:plc:4bsmtb3dk4km2dmm2iby7o7p/app.bsky.feed.post/3lo4ebmaoc22ahttps://bsky.app/profile/competitionprof.bsky.social/post/3lnnhqc5c7k2jThe antitrust cases in @FTC v Meta and US v Google are strong examples of a phenomenon known in economics as 'time inconsistency'. What seems like efficient correction today may lead to unintended economic distortions tomorrow. A thread 🧵1/n.25 Apr 2025 14:48 +0000at://did:plc:4bsmtb3dk4km2dmm2iby7o7p/app.bsky.feed.post/3lnnhqc5c7k2jhttps://bsky.app/profile/competitionprof.bsky.social/post/3lnigjybb6k2zQuick puzzle on the US v Google remedy trial. Press coverage suggests the Government's focus is as much punitive/deterrent as restorative. So why is the Gov pushing for a breakup? From a legal standpoint, there are better options than breakups for punishment or compensation 1/n23 Apr 2025 14:43 +0000at://did:plc:4bsmtb3dk4km2dmm2iby7o7p/app.bsky.feed.post/3lnigjybb6k2zhttps://bsky.app/profile/competitionprof.bsky.social/post/3lm66dn5vqc2gInteresting exhibition in DC.06 Apr 2025 19:24 +0000at://did:plc:4bsmtb3dk4km2dmm2iby7o7p/app.bsky.feed.post/3lm66dn5vqc2ghttps://bsky.app/profile/competitionprof.bsky.social/post/3lljzimywuk2gInteresting new GenAI feature that Meta rolled out on WhatsApp. As I wrote in my 2020 book, winner-takes-most dynamics in digital often arise from a process of competition *for* the best User Interface (UI) #AI 1/n29 Mar 2025 19:05 +0000at://did:plc:4bsmtb3dk4km2dmm2iby7o7p/app.bsky.feed.post/3lljzimywuk2ghttps://bsky.app/profile/competitionprof.bsky.social/post/3lird2zops223Library access not working 😢. Can someone help? I want to read Majone 1. Regulatory federalism in the European Community 2. Europe as the Would-be World Power: The EU at Fifty 3. Federation, confederation, and mixed government: A EU-US comparison. 🙏 tons for any help.22 Feb 2025 12:29 +0000at://did:plc:4bsmtb3dk4km2dmm2iby7o7p/app.bsky.feed.post/3lird2zops223https://bsky.app/profile/competitionprof.bsky.social/post/3lij5qcrgds2o📖 Our article with @MarcoAlmada on the AI Act is now available at the Common Market Law Review! "The EU AI Act: Between the rock of product safety and the hard place of fundamental rights" 🎸 gives an intro to the Act's provisions and regulatory logics https://papers.ssrn.com/sol3/papers.cfm?abstract_id=430807219 Feb 2025 06:32 +0000at://did:plc:4bsmtb3dk4km2dmm2iby7o7p/app.bsky.feed.post/3lij5qcrgds2o