The Karstadt – Kaufhof merger

The Karstadt – Kaufhof merger

The two big department store chains’ plans to merge have gone through quite a bit of up-and-down over the summer. The potential merger had been criticised for several reasons, such as job losses or pay cuts for employees. While it first seemed that the merger would fall through, mainly because of financial issues the Kaufhof owner, Hudson’s Bay Company, experienced, […]

Market definition for two-(or multi) sided platforms – demand interdependence and substitution as guiding principles

Market definition for two-(or multi) sided platforms – demand interdependence and substitution as guiding principles

The past year has led to a lot of discussion on the relation between competition law and (online) platforms and a lot of disagreement on how competition law should apply in such cases as displayed by comments on the major cases of Amex and Google. Unsurprisingly, one of the most contentious aspects of these cases was the market definition. It […]