Competition Law And Economic Regulation

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Competition Law and Economic Regulation in Southern Africa

Author : Imraan Valodia,Jonathan Klaaren,Simon Roberts
Publisher : NYU Press
Page : 384 pages
File Size : 43,5 Mb
Release : 2017-07-04
Category : Business & Economics
ISBN : 9781776141685

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Competition Law and Economic Regulation in Southern Africa by Imraan Valodia,Jonathan Klaaren,Simon Roberts Pdf

Shaping markets through competition and economic regulation is at the heart of addressing the development challenges facing countries in southern Africa. The contributors to Competition Law and Economic Regulation: Addressing Market Power in southern Africa critically assess the efficacy of the competition and economic regulation frameworks, including the impact of a number of the regional competition authorities in a range of sectors throughout southern Africa. Featuring academics as well as practitioners in the field, the book addresses issues common to southern African countries, where markets are small and concentrated, with particularly high barriers to entry, and where the resources to enforce legislation against anti-competitive conduct are limited. What is needed, the contributors argue, is an understanding of competition and regional integration as part of an inclusive growth agenda for Africa. By examining competition and regulation in a single framework, and viewing this within the southern African experience, this volume adds new perspectives to the global competition literature. It is an essential reference tool and will be of great interest to policymakers and regulators, as well as the rapidly growing ecosystem of legal practitioners and economists engaged in the field.

Competition Law and Economic Regulation

Author : Niamh Dunne
Publisher : Cambridge University Press
Page : 393 pages
File Size : 53,7 Mb
Release : 2015-03-26
Category : Law
ISBN : 9781107070561

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Competition Law and Economic Regulation by Niamh Dunne Pdf

A nuanced assessment of the relationship between competition law and economic regulation, focusing on substantive and policy-oriented concerns.

National Courts and the Standard of Review in Competition Law and Economic Regulation

Author : Oda Essens,Anna Gerbrandy,S. A. C. M. Lavrijssen-Heijmans
Publisher : Europa Law Publishing
Page : 328 pages
File Size : 50,6 Mb
Release : 2009
Category : Law
ISBN : 9089520015

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National Courts and the Standard of Review in Competition Law and Economic Regulation by Oda Essens,Anna Gerbrandy,S. A. C. M. Lavrijssen-Heijmans Pdf

From a comparative perspective, this book deals with the question of the impact of European law, especially the Tetra Laval case-law, on the standard of review applied by national courts in the area of competition law and economic regulation. The book is a follow-up to the conference on 'Judicial review in competition law and economic regulation, ' held by the Europa Institute at Utrecht on May 23-24, 2008. It contains contributions by academics and practitioners from EU Member States and from European institutions. The book analyzes the differences and the similarities between the crucial concepts related to judicial review and the way judicial review functions in practice in different EU Member States. It examines the question as to whether a more common approach towards judicial review is needed, and if so, how this can be achieved

Economics of Regulation and Antitrust

Author : W. Kip Viscusi,Joseph E. Harrington Jr.,John M. Vernon
Publisher : MIT Press
Page : 955 pages
File Size : 55,8 Mb
Release : 2005-08-19
Category : Business & Economics
ISBN : 9780262220750

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Economics of Regulation and Antitrust by W. Kip Viscusi,Joseph E. Harrington Jr.,John M. Vernon Pdf

A substantially revised and updated new edition of the leading text on business and government, with new material reflecting recent theoretical and methodological advances; includes further coverage of the Microsoft antitrust case, the deregulation of telecommunications and electric power, and new environmental regulations. This new edition of the leading text on business and government focuses on the insights economic reasoning can provide in analyzing regulatory and antitrust issues. Departing from the traditional emphasis on institutions, Economics of Regulation and Antitrust asks how economic theory and empirical analyses can illuminate the character of market operation and the role for government action and brings new developments in theory and empirical methodology to bear on these questions. The fourth edition has been substantially revised and updated throughout, with new material added and extended discussion of many topics. Part I, on antitrust, has been given a major revision to reflect advances in economic theory and recent antitrust cases, including the case against Microsoft and the Supreme Court's Kodak decision. Part II, on economic regulation, updates its treatment of the restructuring and deregulation of the telecommunications and electric power industries, and includes an analysis of what went wrong in the California energy market in 2000 and 2001. Part III, on social regulation, now includes increased discussion of risk-risk analysis and extensive changes to its discussion of environmental regulation. The many case studies included provide students not only pertinent insights for today but also the economic tools to analyze the implications of regulations and antitrust policies in the future.The book is suitable for use in a wide range of courses in business, law, and public policy, for undergraduates as well at the graduate level. The structure of the book allows instructors to combine the chapters in various ways according to their needs. Presentation of more advanced material is self-contained. Each chapter concludes with questions and problems.

Competition Law as Regulation

Author : Josef Drexl,Fabiana Di Porto
Publisher : Edward Elgar Publishing
Page : 448 pages
File Size : 52,7 Mb
Release : 2015-10-30
Category : Law
ISBN : 9781783472598

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Competition Law as Regulation by Josef Drexl,Fabiana Di Porto Pdf

To what extent should competition agencies act as market regulators? Competition Law as Regulation provides numerous insights from competition scholars on new trends at the interface of competition law and sector-specific regulation. By relying on the experiences of a considerable number of different jurisdictions, and applying a comparative approach to the topic, this book constitutes an important addition to international research on the interface of competition and regulation. It addresses the fundamental issues of the subject, and contributes to legal theory and practice. Topics discussed include foundations of the complex relationship of competition law and regulation, new forms of advocacy powers of competition agencies, competition law enforcement in regulated industries in general, information and telecommunications markets, and competition law as regulation in IP-related markets. Scholars in the two fields of law and economics will find the research aspects of the book to be of interest. Officials in competition and regulatory agencies will benefit from the practical relevance of the book.

Economics of Regulation and Antitrust, fourth edition

Author : W. Kip Viscusi,John M. Vernon,Joseph E. Harrington, Jr.
Publisher : MIT Press
Page : 955 pages
File Size : 45,7 Mb
Release : 2005-08-19
Category : Business & Economics
ISBN : 9780262287326

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Economics of Regulation and Antitrust, fourth edition by W. Kip Viscusi,John M. Vernon,Joseph E. Harrington, Jr. Pdf

A substantially revised and updated new edition of the leading text on business and government, with new material reflecting recent theoretical and methodological advances; includes further coverage of the Microsoft antitrust case, the deregulation of telecommunications and electric power, and new environmental regulations. This new edition of the leading text on business and government focuses on the insights economic reasoning can provide in analyzing regulatory and antitrust issues. Departing from the traditional emphasis on institutions, Economics of Regulation and Antitrust asks how economic theory and empirical analyses can illuminate the character of market operation and the role for government action and brings new developments in theory and empirical methodology to bear on these questions. The fourth edition has been substantially revised and updated throughout, with new material added and extended discussion of many topics. Part I, on antitrust, has been given a major revision to reflect advances in economic theory and recent antitrust cases, including the case against Microsoft and the Supreme Court's Kodak decision. Part II, on economic regulation, updates its treatment of the restructuring and deregulation of the telecommunications and electric power industries, and includes an analysis of what went wrong in the California energy market in 2000 and 2001. Part III, on social regulation, now includes increased discussion of risk-risk analysis and extensive changes to its discussion of environmental regulation. The many case studies included provide students not only pertinent insights for today but also the economic tools to analyze the implications of regulations and antitrust policies in the future.The book is suitable for use in a wide range of courses in business, law, and public policy, for undergraduates as well at the graduate level. The structure of the book allows instructors to combine the chapters in various ways according to their needs. Presentation of more advanced material is self-contained. Each chapter concludes with questions and problems.

Political Competition and Economic Regulation

Author : Peter Bernholz,Roland Vaubel
Publisher : Routledge
Page : 294 pages
File Size : 46,7 Mb
Release : 2007-06-07
Category : Business & Economics
ISBN : 9781134086566

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Political Competition and Economic Regulation by Peter Bernholz,Roland Vaubel Pdf

Using case studies from the US, Canada, Germany and Switzerland as well as the European Union and the global economy, this is the first book of its kind to examine historical evidence on how competition among states or the lack of it affects regulation, especially labour market regulation.

Modern Economic Regulation

Author : Christopher Decker
Publisher : Cambridge University Press
Page : 779 pages
File Size : 40,9 Mb
Release : 2023-05-31
Category : Business & Economics
ISBN : 9781316514511

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Modern Economic Regulation by Christopher Decker Pdf

Brings economic regulation to life by tracing theoretical insights through to real-world applications in eight essential regulated sectors.

Law and Economics of Regulation

Author : Klaus Mathis,Avishalom Tor
Publisher : Springer Nature
Page : 327 pages
File Size : 44,5 Mb
Release : 2021-04-24
Category : Law
ISBN : 9783030705305

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Law and Economics of Regulation by Klaus Mathis,Avishalom Tor Pdf

This book explores current issues regarding the regulation of various economic sectors, theoretically and empirically, discussing both neoclassical and behavioural economics approaches to regulation. Regulation has become one of the main determinants of modern economies, and virtually every sector is subject to general laws and regulations as well as specific rules and standards. A traditional argument to justify regulatory interventions is the promotion of public interests. Fixing markets that lack competition, balancing information asymmetries, internalising externalities, mitigating systemic risks, and protecting consumers from irrational behaviour are frequently invoked to complement the invisible hand of the market with the visible hand of the state.However, regulations can lead to unintended consequences, and serve the interests of powerful private interest groups rather than the public interest and social welfare. In addition, new insights from behavioural economics question the traditional regulatory approaches, most prominently in attitudes towards consumers. Furthermore, digitalisation and technological innovation in general present new challenges in terms of both the type of regulation and the regulatory process.Part I of this book discusses various theoretical approaches to the economic analysis of regulations, while Part II looks at specific applications of the law and economics of regulation.

The Theory of Competitive Price

Author : George Joseph Stigler
Publisher : Unknown
Page : 216 pages
File Size : 45,9 Mb
Release : 1946
Category : Competition
ISBN : UOM:39015019384026

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The Theory of Competitive Price by George Joseph Stigler Pdf

Vertical Integration and Regulation

Author : Christoph Kleineberg
Publisher : Springer
Page : 62 pages
File Size : 40,8 Mb
Release : 2019-01-17
Category : Law
ISBN : 9783030113582

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Vertical Integration and Regulation by Christoph Kleineberg Pdf

This book investigates under which circumstances vertical unbundling can lead to a more efficient market result. The assessment is based on an interdisciplinary approach combining law and economics. Drawing on the assessment, circumstances are subsequently presented under which unbundling might become necessary. Additionally, less severe means of regulatory intervention are suggested in order to protect competition. Given its scope, the book is chiefly intended for scholars and practitioners in the field of economic policy and regulation law; in addition, it will give interested members of the public a unique opportunity to learn about the underlying rationales of regulation law and regulation economics.

Antitrust Settlements

Author : Giovanna Massarotto
Publisher : Unknown
Page : 248 pages
File Size : 55,9 Mb
Release : 2019-10-17
Category : Antitrust law
ISBN : 9403511338

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Antitrust Settlements by Giovanna Massarotto Pdf

Competition enforcement authorities use settlements as a tool to ensure compliance with antitrust law. Companies can make commitments to remedy breaches, ensuring that they avoid litigation and potential fines and reputational damage. The author of this highly original and innovative book shows that, rather than fines or arguing principles of competition law in litigation, antitrust settlements (namely U.S. consent decrees and EU commitment decisions) hold the key to globally effective enforcement, particularly in the digital and blockchain era. Antitrust law does not necessarily need to be abolished, but rather should be fully exploited as an economic regulation led by antitrust settlements. In supporting her thesis, the author examines such elements of competition enforcement as the following: drawbacks of allowing the courts to regulate markets; whether antitrust settlements sacrifice antitrust deterrence; how settlements rapidly and surgically regulate markets; comparative analysis between U.S. consent decrees and EU commitment decisions; economic analysis on the adoption of antitrust settlements in both the U.S. and EU markets from 2013 to 2018; fundamental role of antitrust settlements in regulating the current digital markets; and comprehensive description on how to use antitrust settlements to regulate the data industry. With its thorough guidance on U.S. consent decrees and EU commitment decisions from their functioning to their characteristics and procedure--and its extensive treatment of the main antitrust remedies available and used in enforcing of antitrust law in both the U.S. and EU--the book provides both an economic and a legal analysis of the functioning and the scope of antitrust settlements. It assesses the influence of decisions on companies' behavior and agencies' practice, using economic analysis to show the procompetitive or anticompetitive effects of remedies, with special attention to digital markets. Because markets have become so dynamic and unpredictable that is difficult to preserve efficiency, the author says, there is a little room for law--economic regulation is a better fit. This book is a springboard to further investigate how a simple antitrust enforcement tool, having turned competition law into an economic regulation policy, can drive our economy, leading both the antitrust and regulatory interventions in tackling today's market challenges.

Experimentalist Competition Law and the Regulation of Markets

Author : Yane Svetiev
Publisher : Bloomsbury Publishing
Page : 290 pages
File Size : 49,8 Mb
Release : 2020-11-26
Category : Law
ISBN : 9781509910663

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Experimentalist Competition Law and the Regulation of Markets by Yane Svetiev Pdf

This book charts the emergence of experimentalist governance in the implementation of EU competition law as a response to uncertainty and the limits of hierarchical enforcement in an increasingly dynamic and heterogeneous economic environment. It contributes to ongoing debates about the current state of EU competition law and provides an innovative account of emergent enforcement trends and its future direction. It also argues that an experimentalist evolution of competition law and market regulation attenuates concerns about the competitive strictures of EU law on national economic and regulatory institutions. Through its focus on experimentalist governance, the book provides guidance on completing experimentalist infrastructures for market regulation, as well as on the role of courts in triggering and sustaining experimentalist solutions. As such, it offers a novel perspective on implementing competition law in the EU and beyond.

Law, Economics and Antitrust

Author : Paddy McNutt
Publisher : Edward Elgar Publishing
Page : 444 pages
File Size : 48,6 Mb
Release : 2005-01-01
Category : Business & Economics
ISBN : 1781958890

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Law, Economics and Antitrust by Paddy McNutt Pdf

. . . those who are dealing with antitrust issues the book is very useful and if somebody has already acquired the basic economic principles underlying antitrust regimes, one should read [this] book. . . Pal Bela Szilagyi and Dorina Juhasz, Erasmus Law and Economics Review The book is quite often an interesting read and provokes plenty of unexpected thoughts. . . Scholars familiar with the public choice literature and American antitrust law could benefit from the stimulating questions McNutt raises throughout and for the wealth of examples from European competition law. Scott E. Graves, The Law and Politics Book Review Patrick McNutt s book is a brilliant exposé of the interaction between law, economics and antitrust. The author, an economist and distinguished regulator, handles both the legal and economic material deftly. It is provocative particularly when dealing with issues such as the efficiency of competition and the effectiveness of antitrust rules. His case-studies are particularly compelling. The book is written with huge flair and great learning. It combines theoretical and practical considerations. The comparative coverage is excellent. A "must-read" for all interested in law and economics. Antitrust specialists will discover many novel and valid insights. David O Keeffe, University College London, UK and College of Europe, Bruges, Belgium This book continually stimulates the reader to think about the issues in non-standard and illuminating ways, following new and significant directions. Yet the discussion always is authoritatively grounded in the author s extensive knowledge of the pertinent law and the relevant economic analysis. William J. Baumol, New York University, US and Princeton University, US Professor McNutt provides a refreshing and different perspective on the important fundamental issues underlying competition law and policy. Barry E. Hawk, Skadden, Arps, Slate, Meagher & Flom LLP, US In this accessible yet rigorous textbook, Patrick McNutt presents a clear and refreshing approach to a wide range of topics in law, economics and antitrust. The issues covered include duty and obligation, contracting, liability, property rights, efficient entry, compensation, oligopoly pricing, issues in strategic antitrust and merger analysis. Using a selection of case studies where appropriate, and examples based in game theory, the book examines these issues from both a law and economics and a microeconomics perspective. Emphasis is placed on a thorough assessment of the economic and legal arguments, blending the rigours of microeconomic analysis with common law standards. The analysis contained in the book will not only review, and indeed adapt neoclassical economic analysis but will also apply some of the methodology from the relatively new paradigm known as law and economics to many of the issues. The book also addresses the increasing overlap between emerging approaches in public choice and in law and economics. Practitioners in competition law and regulation of utilities will draw great value from this original and pertinent volume, as will scholars in the areas of regulation, competition law, competition policy and law and economics.

Capitalism, Culture, and Economic Regulation

Author : Leigh Hancher,Michael Moran
Publisher : Oxford University Press
Page : 324 pages
File Size : 40,6 Mb
Release : 1989
Category : Business & Economics
ISBN : 0198275501

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Capitalism, Culture, and Economic Regulation by Leigh Hancher,Michael Moran Pdf

This study explores the problems faced by governments of advanced capitalist nations in regulating their economies through legislation.