Thibault Schrepel, Associate Professor at the Vrije Universiteit Amsterdam and co-director of the Amsterdam Law & Technology Institute, has a new working paper entitled “Complexity-Minded Antitrust“. You can access it freely over https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4050536:
Complexity science is widely used across the policy spectrum but not in antitrust. This is unfortunate. Complexity science enables a rich understanding of competition beyond the simplistic descriptions of markets and firms proposed by neoclassical models and their contemporary neo-Brandeisian critique. Many novel insights can be gained by supporting more openness to some of its key teachings, like feedback loops and the role of uncertainty. The present article lays down the building blocks of a complexity-minded antitrust method.