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Imagine you have a business that earns zero economic profit. It exactly covers its costs, including the return needed to attract investors, but nothing more. Is this the end state of competition? Is there anything left for competition to do? Sure. If another company comes along with lower costs, it can drive prices down. That’s … The Price of Playing Fair: How Charging Everyone the Same Can Leave Consumers Worse Off
The big news in the competition-plus space—where competition policy meets broader policy concerns—isn’t an antitrust matter at all. It’s New Mexico’s announcement of its “Historic $25 Billion Penalty Against Facebook” (Meta Platforms). Here’s coverage from The New York Times, The Washington Post, The Wall Street Journal, and, for a bit of local flavor, the Albuquerque … The New (Mexico) Math: Multiply the Violations and Never Mind the Harm
Hee Eun Kim, can you tell us a bit about yourself and what your work focuses on? I am a member of Baker McKenzie’s antitrust and competition team in the Asia-Pacific region. Before joining Baker McKenzie, I spent more than 10 years as in-house antitrust counsel in the tech sector, so I tend to approach … The View from Southeast Asia: A TOTM Q&A with Hee Eun Kim
