All-Inclusive Antitrust: Europe’s New Route to Merger Prohibition
Booking.com wanted to become a one-stop shop for a traveler’s entire journey. European regulators saw a different itinerary: a one-way trip to deeper dominance. In a closely watched Sept. 9 judgment, the European Union’s General Court upheld the European Commission’s 2023 decision blocking Booking’s acquisition of Etraveli. The court agreed that adding Etraveli’s flight-booking business ... All-Inclusive Antitrust: Europe’s New Route to Merger Prohibition
One AI, Two Rulebooks: Brussels’ ChatGPT Conundrum
ChatGPT can draft a memo, plan a trip, and search the web. As of Aug. 31, it can add another line to its regulatory résumé: The European Commission has designated it a “very large online search engine” under the Digital Services Act (DSA). The label may sound technical, but it captures a central problem for ... One AI, Two Rulebooks: Brussels’ ChatGPT Conundrum
Much Ado About No News: Australia’s Latest Plan to Make Platforms Pay
Australia’s latest plan to make digital platforms pay for journalism has an unusual feature. A platform can owe money even if it carries no journalism at all. The government calls this an “incentive.” On Aug. 3, the Australian government finalized legislation establishing the News Bargaining Incentive (NBI). The government first proposed the NBI in December ... Much Ado About No News: Australia’s Latest Plan to Make Platforms Pay
Reverse Patent Pools and Other TTBER Tall Tales
In standard-essential patent (SEP) licensing, every procedural tweak is also a skirmish over bargaining power. That is what makes licensing negotiation groups (LNGs) more than an obscure acronym in the European Commission’s 2026 Technology Transfer Block Exemption Regulation (TTBER) and accompanying Guidelines (TTGs). LNGs would allow technology implementers to bargain collectively with rights holders. Depending ... Reverse Patent Pools and Other TTBER Tall Tales
The DMA’s AI Dilemma: Too Soon, Too Late, or Both?
The European Commission’s first review of the Digital Markets Act (DMA) lands at an awkward moment. Just as Brussels begins to test whether its flagship digital regulation works, AI threatens to change the game the DMA was built to police. The question is not just whether the DMA can handle AI. It is whether lawmakers ... The DMA’s AI Dilemma: Too Soon, Too Late, or Both?
C’est Presumé: France’s AI Copyright Shortcut
Generative AI strains nearly every layer of copyright law. Policymakers have focused most on one pressure point: the use of copyrighted works to train AI models. Fitting that practice into a legal framework that supports both creative industries and the AI sector has proved difficult. Against that backdrop, a recent French Senate proposal would add ... C’est Presumé: France’s AI Copyright Shortcut
Still Haven’t Found What the Bundeskartellamt Is Looking For: Thoughts on the German Amazon Case
Germany’s Bundeskartellamt (Federal Cartel Office, or FCO) issued a preliminary legal assessment last week suggesting that Amazon had potentially infringed both European and national rules on abuse of dominance. At issue in the investigation is Amazon’s price-control mechanisms, also known as pricing filters. The filters rely on algorithms and statistical models, particularly dynamic price caps ... Still Haven’t Found What the Bundeskartellamt Is Looking For: Thoughts on the German Amazon Case
How ETNO’s ‘Fair Share’ Proposal Threatens Europe’s Digital Future:
The digital transformation of Europe—and, indeed, the world—has been a defining theme of the 21st century. As with all significant shifts, it has also come with its share of challenges, opportunities, and controversies. One such controversy that has recently reemerged is the so-called “fair share” proposal for network traffic—championed most recently in a statement from ... How ETNO’s ‘Fair Share’ Proposal Threatens Europe’s Digital Future:
Goodbye Margrethe, Hello Didier: What Next for European Competition Law?
European Commissioner for Competition Margrethe Vestager announced Sept. 5 that she was leaving her position after nearly a decade in charge, which for the last four years has also included holding the title of “executive vice president of the European Commission for a Europe fit for the Digital Age.” Her departure caps off an uncharacteristically ... Goodbye Margrethe, Hello Didier: What Next for European Competition Law?
There’s Nothing ‘Fair’ About EU Telecoms’ Proposed ‘Fair Share’ Plan
The European Commission’s recently concluded consultation on “the future of the electronic communications sector and its infrastructure” was a curious phenomenon in which the commission revived the seemingly dead-and-buried idea of a legally mandated “sender pays” network-traffic scheme, despite the fact that it remains as unpopular and discredited as it was when last discussed roughly ... There’s Nothing ‘Fair’ About EU Telecoms’ Proposed ‘Fair Share’ Plan
If Necessity Is the Mother of Invention, New EU SEP Rules Are Decidedly Unnecessary
An unofficial version of the EU’s anticipated regulatory proposal on standard essential patents (SEPs), along with a related impact assessment, was leaked earlier this month, generating reactions that range from disquiet to disbelief (but mostly disbelief). Our friend Igor Nikolic wrote about it here on Truth on the Market, and we share his his concern that: As it currently stands, it appears the regulation will ... If Necessity Is the Mother of Invention, New EU SEP Rules Are Decidedly Unnecessary
The Case Against Self-Preferencing as a New Antitrust Offense
The practice of so-called “self-preferencing” has come to embody the zeitgeist of competition policy for digital markets, as legislative initiatives are undertaken in jurisdictions around the world that to seek, in various ways, to constrain large digital platforms from granting favorable treatment to their own goods and services. The core concern cited by policymakers is ... The Case Against Self-Preferencing as a New Antitrust Offense
