New directions in competition policy: an overview

Competition policy has faced increasing scrutiny in recent years, with growing tension between traditional antitrust frameworks and contemporary critiques, including the "hipster antitrust" movement. Some of the critics contend that competition policy has failed to address the growing mark...

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Main Authors: Cowan, S, Ormosi, P, Perkins, J
Format: Journal article
Language:English
Published: Oxford University Press 2025
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author Cowan, S
Ormosi, P
Perkins, J
author_facet Cowan, S
Ormosi, P
Perkins, J
author_sort Cowan, S
collection OXFORD
description Competition policy has faced increasing scrutiny in recent years, with growing tension between traditional antitrust frameworks and contemporary critiques, including the "hipster antitrust" movement. Some of the critics contend that competition policy has failed to address the growing market power of dominant firms, especially in the digital sector. This issue of the Oxford Review of Economic Policy explores the validity of these claims and their potential implications for the future of competition policy. It also examines how emerging methodologies, particularly those rooted in data science, can enhance our understanding both of how firms behave and how competition authorities and courts make decisions. This article summarises a diverse range of contributions from academics, regulators, and practitioners in law and economics. It concludes with a discussion of how competition economics might adapt to the challenges posed by the hipster antitrust movement and the rapid changes in how firms compete.
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spelling oxford-uuid:4d0192dc-f84b-4af0-a487-c91d71d43f212025-02-13T10:20:05ZNew directions in competition policy: an overviewJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:4d0192dc-f84b-4af0-a487-c91d71d43f21EnglishSymplectic ElementsOxford University Press2025Cowan, SOrmosi, PPerkins, JCompetition policy has faced increasing scrutiny in recent years, with growing tension between traditional antitrust frameworks and contemporary critiques, including the "hipster antitrust" movement. Some of the critics contend that competition policy has failed to address the growing market power of dominant firms, especially in the digital sector. This issue of the Oxford Review of Economic Policy explores the validity of these claims and their potential implications for the future of competition policy. It also examines how emerging methodologies, particularly those rooted in data science, can enhance our understanding both of how firms behave and how competition authorities and courts make decisions. This article summarises a diverse range of contributions from academics, regulators, and practitioners in law and economics. It concludes with a discussion of how competition economics might adapt to the challenges posed by the hipster antitrust movement and the rapid changes in how firms compete.
spellingShingle Cowan, S
Ormosi, P
Perkins, J
New directions in competition policy: an overview
title New directions in competition policy: an overview
title_full New directions in competition policy: an overview
title_fullStr New directions in competition policy: an overview
title_full_unstemmed New directions in competition policy: an overview
title_short New directions in competition policy: an overview
title_sort new directions in competition policy an overview
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