Category Monopolies

Who Benefits and Who Loses from TBTF Banks: The Economics of Too-Big-to-Fail

(Picture taken from Sucker Punch Cinema) In response to German finance minister Peer Steinbrück’s plans to separate commercial banking from other businesses, Mr Achleitner recently argued against splitting up universal banks like Deutsche Bank, on whose board he sits, by claiming that all experts know that broadly diversified companies like universal banks pose less risk than […]

Apple vs Samsung – Patents, Monopolies & Innovation

The verdict unanimously delivered by the 9-head jury in San Jose in the Apple vs Samsung case raises several questions – apart from the obvious one whether the question posed by Judge Koh to Apple’s lawyer if he smoked crack should really have been addressed to the jury. In this context, granting Apple compensation for patent […]