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008			160927s2017 mau b 001 0 eng c
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035			_a(OCoLC)946906990
042			_apcc
043			_an-us---
050	0	0	_aKF1649 _b.P38 2017
082	0	0	_a343.7307/21 _223
100	1		_aPatterson, Mark R., _d1956- _eauthor.
245	1	0	_aAntitrust law in the new economy : _bGoogle, Yelp, LIBOR, and the control of information / _cMark R. Patterson.
264		1	_aCambridge, Massachusetts : _bHarvard University Press, _c2017.
300			_avii, 317 pages ; _c25 cm
336			_atext _btxt _2rdacontent
337			_aunmediated _bn _2rdamedia
338			_avolume _bnc _2rdacarrier
520			_a"Markets run on information. Buyers make decisions by relying on their knowledge of the products available, and sellers decide what to produce based on their understanding of what buyers want. But the distribution of market information has changed, as consumers increasingly turn to sources that act as intermediaries for information--companies like Yelp and Google. Antitrust Law in the New Economy considers a wide range of problems that arise around one aspect of information in the marketplace: its quality. Sellers now have the ability and motivation to distort the truth about their products when they make data available to intermediaries. And intermediaries, in turn, have their own incentives to skew the facts they provide to buyers, both to benefit advertisers and to gain advantages over their competition. Consumer protection law is poorly suited for these problems in the information economy. Antitrust law, designed to regulate powerful firms and prevent collusion among producers, is a better choice. But the current application of antitrust law pays little attention to information quality. Mark Patterson discusses a range of ways in which data can be manipulated for competitive advantage and exploitation of consumers (as happened in the LIBOR scandal), and he considers novel issues like "confusopoly" and sellers' use of consumers' personal information in direct selling. Antitrust law can and should be adapted for the information economy, Patterson argues, and he shows how courts can apply antitrust to address today's problems"-- _cProvided by publisher.
504			_aIncludes bibliographical references (pages 239-310) and index.
505	0		_aCompetition and consumer protection -- The economics of information -- Information and market power -- Agreements on information -- Exclusion by information -- "Confusopoly" and information asymmetries -- Privacy as an information product -- Information and intellectual property -- Restraint of trade and freedom of speech.
650		0	_aAntitrust law _zUnited States.
650		0	_aInformation services _xLaw and legislation _zUnited States.
650		0	_aConsumer protection _xLaw and legislation _zUnited States.
650		0	_aDeceptive advertising _xLaw and legislation _zUnited States.
650		0	_aDisclosure of information _xLaw and legislation _zUnited States.
650		0	_aRestraint of trade _zUnited States.
650		7	_aAntitrust law. _2fast _0(OCoLC)fst00810849
650		7	_aConsumer protection _xLaw and legislation. _2fast _0(OCoLC)fst00876372
650		7	_aDeceptive advertising _xLaw and legislation. _2fast _0(OCoLC)fst00888986
650		7	_aDisclosure of information _xLaw and legislation. _2fast _0(OCoLC)fst00894874
650		7	_aInformation services _xLaw and legislation. _2fast _0(OCoLC)fst00972721
650		7	_aRestraint of trade. _2fast _0(OCoLC)fst01096014
651		7	_aUnited States. _2fast _0(OCoLC)fst01204155
650		7	_aVerbraucherschutz _2gnd
650		7	_aRegulierung _2gnd
650		7	_aNew Economy _2gnd
650		7	_aQualitätsaudit _2gnd
650		7	_aVerbraucherzufriedenheit _2gnd
938			_aBrodart _bBROD _n116998806
938			_aYBP Library Services _bYANK _n12946686
938			_aBaker and Taylor _bBTCP _nBK0018709567
029	1		_aNLGGC _b409029734
029	1		_aCHVBK _b439143063
029	1		_aCHBIS _b010669625
029	1		_aAU@ _b000058842555
029	1		_aCHVBK _b48170972X
029	1		_aCHDSB _b006691628
942			_cBOOK
994			_aZ0 _bSUPMU
948			_hNO HOLDINGS IN SUPMU - 181 OTHER HOLDINGS
596			_a1 2
999			_c515 _d515