“This is a very timely publication by two well-known authors who are masters of their craft. Their clear analysis of the complex antitrust issues raised by multisided platforms, and in particular their discussion of the U.S. Supreme Court decision in American Express, will be of great value to practitioners and judges alike.” Sir Christopher Bellamy QC, Chairman of the Global Competition Practice, Linklaters
“David Evans and Richard Schmalensee have made a short but powerful contribution to the complex legal and economic issues that surround the operation of platform markets. Their strong defense of the Supreme Court’s recent decision in Ohio v. American Express offers a powerful explanation of how these platform markets require sensitive treatment lest a powerful force for social innovation in payment markets be hobbled by an overzealous enforcement of the antitrust laws.” Richard Epstein, Professor of Law, New York University
“Evans & Schmalensee provide an in-depth look at the foundations and implications of an important Supreme Court antitrust precedent. It is vital reading for anyone interested in how current antitrust law assesses the competitive implications of platforms, one of the hottest legal topics today.” Maureen K. Ohlhausen, Partner, Baker Botts
“David Evans and Richard Schmalensee have shown the economics profession the importance of multisided platforms. In this book they bring their command of the subject to bear on the AmEx case, in which the Supreme Court’s seminal decision copiously cited their analysis of platforms. Now Evans & Schmalensee persuasively frame their advice…that proper analysis should look at the whole picture – all sides – to evaluate these platforms, and better understand the factors that undergird the likelihood of platform success and failure.” David J. Teece, Professor, Haas School of Business, University of California, Berkeley
"As primary contributors to our economic understanding of multisided markets, no two scholars are better situated to analyze the Supreme Court's decision in Ohio v. American Express and its implications for antitrust policy. Evans & Schmalansee deliver characteristically deep insight and careful analysis in explaining the economic and legal implications of the Supreme Court's decision. As digital markets become a more prominent feature of the regulatory landscape, ‘Antitrust Analysis of Platform Markets: Why the Supreme Court Got It Right in American Express,’ is essential reading for antitrust practitioners, economists, regulators, and policymakers.” Joshua D. Wright, University Professor of Law, George Mason University
"Evans & Schmalensee provide an in-depth look at the foundations and implications of an important Supreme Court antitrust precedent. It is vital reading for anyone interested in how current antitrust law assesses the competitive implications of platforms, one of the hottest legal topics today.” Tad Lipsky, Director, GAI Competition Advocacy Program, George Mason University
