This book examines the impact of artificial intelligence on competition and antitrust in today's global digital economy. It scrutinizes the economic and legal ramifications of Artificial Intelligence (AI), addressing the challenges it presents to competition and the law. Beginning with an analysis of AI's developments across various economic sectors, the book highlights the need for updated legislation. It focuses on the digital economy, emphasizing digital platforms' role in shaping competition. Econometric investigations and a novel index assess competition's influence on foreign direct investment and multinational enterprises. Comparing competition practices across jurisdictions like the EU, US, Germany, and China, the book uncovers commonalities and differences in competition law principles. It also explores various theories on competition and competition law, seeking convergence or divergence. This book is an essential resource for scholars, legal professionals, policymakers, and anyone seeking a better understanding of how AI is reshaping competition and antitrust in the digital age.
Author(s): Georgios I. Zekos
Publisher: Springer Nature Switzerland
Year: 2024
Language: English
Pages: 436
Cover
Front Matter
1. Introduction
2. Defining Competition and AI Developments
3. Competition and Governance
4. Competition, Market Power, and Politics
5. Antitrust and AAI
6. USA Versus EU Competition
7. Chicago School, Harvard School, and New Brandeis Movement
8. Formalism in Competition
9. Digital Transformation of EU and Competition
10. Digital Economy and Competition
11. AAI and FDI
12. Econometric Analysis of Digital Economy and Competition
13. Conclusions