Antitrust Law in the New Economy - Mark R. Patterson

A new conceptual book on the Antitrust Law in the New Economy.

The aspects treated here are various: competition, the economics of information, market power, agreements, exclusion by information, information asymmetries, intellectual property, restraint of trade and freedom speech. History cases are presented in a view that sees a long delay in Antitrust enforcement to the digital economy. A complex test full of references is still the more modern treaty in a field that seems in possession of few firms like Google, Amazon & others, but also for finance in the determination of benchmarks as Libor. The author suggests an extension of antitrust law to the new media and particularly to the new oligopoly in search of the original form of free competition. The exclusionary lines in presumptions in giving voice to the protection of intellectual property, to the first amendment, now are facing  this new era and the hope is for allowing the just composition of interests in one more incisive enforcement of antitrust law to get a new competitive market for the new economy guaranteeing  for every citizen rights. 

The Incomplete Currency - Marcello Minenna

The Incomplete Currency is a treaty about Euro at the date of 2016. From the building blocks to the architecture and then to the current crisis. The risk of break up of the single currency peaked in the last years and now show a rising imbalance. Dysfunctional mechanisms, the relationship between banks and governments, the role & safeguard mechanism of ECB together with the limits of single fiscal policy highlights the inadequacy of the democratic process in Europe. The ECB an unelected organism continue to increase inequalities in Europe. The Minenna proposals of public debt sharing & monetarization of ECB and EU is toward a single political union, but the problems are visible in the Target 2 system and the continuing surplus of German-trade balance, no credit to real economy; the facts from the crisis are linear in subsequent explosion of the public debt and poverty, and now it's discharging its effects in favor the rise of populism in Europe. The numbers for Italy are dramatic, the public debt continues to rise, the industrial production in 2018 was below that of 2008 and the same for unemployment. The aspect of Italexit stems from the pure numbers of emissions of public debt without Euro Bonds and seems to be a linear conclusion after the crash of the internal consumption and GDP that led to unfair competition from core countries and deterioration of Italian bank system with investments & capitals more and more concentrated in core countries of the Euro. An economy based on export combined with low wages, continue to beat hard in Italy and also with the aid of many other studies in references I see no real solution.