- Research Article
- 10.2139/ssrn.4723298
The Overlapping Markets Fallacy
- Jan 01, 2024
- SSRN Electronic Journal
- Keith Klovers + 1 more +1
Publications from 2021 to 2026
Showing 10 of 13 papers
The Overlapping Markets Fallacy
Distinguishing and Predicting Drug Patents
A Blueprint for University Governance
Simple Rules for a Complex Regulatory World: The Case of Financial Regulation
Flight from Quantity...Flight to Quality? A Differences in Differences Analysis of Patent Applications and Complaints Following Patent Reform (Presentation Slides)
Saving the horseshoe crab: A synthetic alternative to horseshoe crab blood for endotoxin detection
Horseshoe crabs have been integral to the safe production of vaccines and injectable medications for the past forty years. The bleeding of live horseshoe crabs, a process that leaves thousands dead annually, is an ecologically unsustainable practice for all four species of horseshoe crab and the shorebirds that rely on their eggs as a primary food source during spring migration. Populations of both horseshoe crabs and shorebirds are in decline. This study confirms the efficacy of recombinant Factor C, a synthetic alternative that eliminates the need for animal products in endotoxin detection. Furthermore, our findings confirm that the biomedical industry can achieve a 90-percent reduction in the use of reagents derived from horseshoe crabs by using the synthetic alternative for the testing of water and other common materials used in during the manufacturing process. This represents an extraordinary opportunity for the biomedical and pharmaceutical industries to significantly contribute to the conservation of horseshoe crabs and the birds that depend on them.
Read moreIn Search of Lost Time: What If Delaware Had Not Adopted Shareholder Primacy?
Tenure Voting and the U.S. Public Company
Does Antitrust Have a Role to Play in Regulating Big Data?
The collection of user data online has seen enormous growth in recent years. Consumers have benefitted from the growth through an increase in free or heavily subsidized services, better quality offerings, and rapid innovation. At the same time, the debate about Big Data, and what it really means for consumers and competition, has grown louder. Many have focused on whether Big Data even presents an antitrust issue, and whether and how harms resulting from Big Data should be analyzed and remedied under the antitrust laws. The academic literature, however, has somewhat lagged behind the debate, and a closer inspection of existing scholarly works reveals a dearth of thorough study of the issue. Commentators generally split into two camps: one in favor of more proactive antitrust enforcement in the Big Data realm, and one opposing such intervention, considering antitrust inappropriate for regulation of Big Data. The academic case for the former has not, as yet, been fully developed, and is relatively light at present. Meanwhile, policy-focused work by academics practitioners in this arena suggests that antitrust intervention in Big Data would be premature and misguided, especially considering the myriad pro-competitive benefits offered by Big Data.In this handbook chapter, we review the scholarly work on the implications of Big Data on competition, and consider the potential role of antitrust in the regulation of Big Data. Part I provides an overview of current, scarce, academic literature specifically addressing the role of antitrust in Big Data issues. Parts II and III delve into the policy issues surrounding Big Data and whether it poses a risk to competition that warrants antitrust intervention. Part II details the ways in which Big Data may prove pro-competitive while Part III reviews and critiques the suggested potential harms to competition from Big Data. Part IV discusses the suitability of antitrust as the institutional choice for Big Data issues, and Part V concludes that, at present, antitrust is ill suited as the institutional choice. This conclusion is further born by the fact that thus far there have been no cases in the United States or Europe that have found Big Data itself to be a basis for a theory of harm on antitrust grounds for mergers or conduct cases. Further, the scholarly case for such harm has not yet been adequately established.
Read moreFault tolerant, variable frequency, unity power factor converters for safety critical PM drives
The aerospace industry is currently considering a constant voltage, variable frequency supply for aircraft power systems. This variable frequency system is based on a generator directly driven from the aero-engine, in which the frequency is dependent on engine speed. A number of safety critical loads are placed on this system, and it is essential that failure of any one load does not affect the operation of another. The paper develops the concept of fault tolerant input converters for an electric fuel pump. The converters always act as a unity power-factor load, and can tolerate a range of failures, whilst maintaining both the operation of the pump and minimal impact on the electrical supply. Two converter types are proposed and compared for this application. The operation of these two unity power factor converters from a variable frequency supply is demonstrated. The effect of faults in the selected converters on converter operation and the supply itself is then discussed.
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