Soaps, groceries and app stores: extending merger price-rise analysis
Simple tests based on firms producing a single product have become increasingly popular among competition authorities looking to assess the effect of mergers on prices. In reality, however, firms often produce several related products. Does this introduce any potential biases to these tests? If so, what can be done to mitigate them?
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Computer move? Chess cheaters and the limits of algorithmic detection
In September 2022, World Chess Champion Magnus Carlsen dramatically quit a tournament after losing a game to teenage Grandmaster Hans Moke Niemann, leading many to accuse Niemann of cheating. Niemann has since launched a court case for slander, libel and unlawful group boycott against Carlsen and other members of… Read More
Is it time to review the pay review bodies?
Waves of strike action across the public sector have reignited interest in how governments set public-sector pay. In the UK, pay review bodies (PRBs) play a critical role in the pay-setting process, by advising government on pay settlements for almost half of public-sector workers. Should PRBs be reformed in… Read More