Faculty News
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Prof. Michael Spence weighs in on China's investigation of GM regarding an alleged monopoly
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![InsideCounsel logo InsideCounsel logo](/sites/default/files/styles/192w_x_144h/public/assets/images/insidecounsel.jpg?h=cd55d432&itok=C36AMxkV)
Excerpt from InsideCounsel -- "In a statement to InsideCounsel, Michael Spence, a Nobel prize winning economist who teaches at New York University's Stern School of Business, said that, 'Under normal competition policy rules, charging a high price is not a violation of anything unless there is collusion among competitors,' Spence explained. 'There doesn't seem to be any evidence or commentary on that point.'"
Faculty News
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![InsideCounsel logo InsideCounsel logo](/sites/default/files/styles/192w_x_144h/public/assets/images/insidecounsel.jpg?h=cd55d432&itok=C36AMxkV)
Excerpt from InsideCounsel -- "In a statement to InsideCounsel, Michael Spence, a Nobel prize winning economist who teaches at New York University's Stern School of Business, said that, 'Under normal competition policy rules, charging a high price is not a violation of anything unless there is collusion among competitors,' Spence explained. 'There doesn't seem to be any evidence or commentary on that point.'"