Paul Friederiszick

Paul Friederiszick is a doctoral researcher at Fordham University School of Law in New York. His research focuses on antitrust law, with a particular emphasis on market power and innovation. He is a fully qualified attorney in Germany, having completed his legal education and both state examinations after studying law at Ludwig Maximilian University of Munich (LMU), with an Erasmus semester at Université Jean Moulin Lyon 3 in France. He holds an LL.M. degree from the University of California in Los Angeles (UCLA), where he was awarded the Dean’s Scholarship. Paul has several years of professional experience working with leading law firms, antitrust authorities across the Atlantic, the German Foreign Ministry, and a leading European research-based consultancy specializing in competition regulation with positions in London and Berlin.

American Antitrust Has Yet To Figure Out Conglomerates

The Neo-Brandeisians and Chicago School have employed different statistics to show respectively that markets are both concentrated and not concentrated, leaving Americans in the dark about who really holds corporate power. The evidence only looks contradictory due to the failure of American antitrust scholarship and regulation to understand how conglomerates collect market power across many neighboring markets, through what Paul Friederiszick calls “adjacent market takeovers.” This strategy can make firms more efficient, but it can also raise prices and weaken competition even as each individual market still looks competitive, he writes, drawing on his new paper, “The Conglomerate Power Puzzle.”

EU and US Antitrust Is Converging on Anti-Monopoly

There are many differences between European and American antitrust regulation, but recent enforcement against Big Tech shows that in the most important ways they are converging on an anti-monopoly philosophy, writes Paul Friederiszick.

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