000			03128cam a2200325 i 4500
001			19306753
003			MYCC
005			20241211101918.0
008			160927s2017 mau b 001 0 eng c
020			_a9780674971424
040			_aMH/DLC _beng _cMH _erda _dDLC
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
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.
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.
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.
942			_2ddc _cBK _s1
999			_c104 _d104