European Competition Law And Economics

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EU Competition Law and Economics

Damien Geradin,Anne Layne-Farrar,Nicolas Petit
EU Competition Law and Economics Book PDF

Author : Damien Geradin,Anne Layne-Farrar,Nicolas Petit
Publisher : OUP Oxford
Page : 916 pages
File Size : 53,6 Mb
Release : 2012-03-22
Category : Law
ISBN : 9780191637490

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EU Competition Law and Economics by Damien Geradin,Anne Layne-Farrar,Nicolas Petit Pdf

This is the first EU competition law treatise that fully integrates economic reasoning in its treatment of the decisional practice of the European Commission and the case-law of the European Court of Justice. Since the European Commission's move to a "more economic approach" to competition law reasoning and decisional practice, the use of economic argument in competition law cases has become a stricter requirement. Many national competition authorities are also increasingly moving away from a legalistic analysis of a firm's conduct to an effect-based analysis of such conduct, indeed most competition cases today involve teams composed of lawyers and industrial organisation economists. Competition law books tend to have either only cursory coverage of economics, have separate sections on economics, or indeed are far too technical in the level of economic understanding they assume. Ensuring a genuinely integrated approach to legal and economic analysis, this major new work is written by a team combining the widely recognised expertise of two competition law practitioners and a prominent economic consultant. The book contains economic reasoning throughout in accessible form, and, more pertinently for practitioners, examines economics in the light of how it is used and put to effect in the courts and decision-making institutions of the EU. A general introductory section sets EU competition law in its historical context. The second chapter goes on to explore the economics foundations of EU competition law. What follows then is an integrated treatment of each of the core substantive areas of EU competition law, including Article 101 TFEU, Article 102 TFEU, mergers, cartels and other horizontal agreements and vertical restraints.

European Competition Law and Economics

Roger van den Bergh,Peter D. Camesasca
European Competition Law and Economics Book PDF

Author : Roger van den Bergh,Peter D. Camesasca
Publisher : Intersentia nv
Page : 617 pages
File Size : 51,7 Mb
Release : 2001
Category : Antitrust law
ISBN : 9789050951616

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European Competition Law and Economics by Roger van den Bergh,Peter D. Camesasca Pdf

The aim of this book is to explore the economic fundamentals of European competition law.

Comparative Competition Law and Economics

Roger J. Van den Bergh
Comparative Competition Law and Economics Book PDF

Author : Roger J. Van den Bergh
Publisher : Edward Elgar Publishing
Page : 576 pages
File Size : 45,7 Mb
Release : 2017-09-29
Category : Antitrust law
ISBN : 9781786438317

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Comparative Competition Law and Economics by Roger J. Van den Bergh Pdf

Offering a concise and critical comparison of EU competition law and US antitrust law from an economic perspective, this is the ideal textbook for international and interdisciplinary courses combining law and economic approaches.

Economics and the Enforcement of European Competition Law

Christopher Decker
Economics and the Enforcement of European Competition Law Book PDF

Author : Christopher Decker
Publisher : Edward Elgar Publishing
Page : 311 pages
File Size : 54,8 Mb
Release : 2009-01-01
Category : Law
ISBN : 9781849801966

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Economics and the Enforcement of European Competition Law by Christopher Decker Pdf

The book is well written and readable by non economists. The approaches, questions, methodology, and basis for selection of cases/interviewees are clearly explained and justified. This book is a valuable contribution to the literature. Rhonda Smith, Competition and Consumer Law Journal Recent years have seen a trend toward an economics-based approach to the enforcement of European competition law. But what is meant by economics-based , and how does this approach sit with legal and enforcement practice? This book seeks to place in perspective the growing use of economics in European competition law enforcement by examining precisely how economics contributes to the enforcement activity of the European Commission and Courts. Christopher Decker provides unique empirical insights as to how economic theory, thinking, techniques and data have featured in decision-making in the area of co-ordinated effects. The role of economics is examined throughout the entire enforcement process, from the decision to initiate an investigation to the design and implementation of remedies, and its conclusions are of general relevance to all areas of competition law enforcement where economics is used. Utilising a broad and multifaceted conception of economics, this book is essential reading for academics and students interested in European competition law, EC competition lawyers, applied industrial economists and enforcement officials. It will also be an invaluable tool for academic libraries and institutes, government agencies, law firms and economic consultancies.

New Developments in Competition Law and Economics

Klaus Mathis,Avishalom Tor
New Developments in Competition Law and Economics Book PDF

Author : Klaus Mathis,Avishalom Tor
Publisher : Springer
Page : 358 pages
File Size : 48,5 Mb
Release : 2019-03-18
Category : Law
ISBN : 9783030116118

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New Developments in Competition Law and Economics by Klaus Mathis,Avishalom Tor Pdf

This book further develops both the traditional and the behavioural approach to competition law, and applies these approaches to a variety of timely issues. It discusses several fundamental questions regarding competition law and economics, and explores the applications of competition law and economics. In turn, the book analyses the interplay of intellectual property rights and patents in various aspects of competition law, and investigates the impacts that developments in information technology, such as big data analytics, have on competition law. The book also discusses the impact of energy law reforms on energy markets from a competition law perspective. Competition law is a classic field of economic analysis. This is largely due to the fact that competition law uses terms such as market, price, and competition and must therefore rely on economic know-how and analyses. In the United States, economic analysis has greatly influenced not just the scholarship on antitrust law, but also judicial decisions and agency enforcement. Antitrust law and economics are based on the traditional paradigm of neoclassical economics, which relies on the assumption that the market players, i.e. consumers and producers, are rational. This approach to competition law was later received in Europe under the banner of a “more economic approach”. For the past two decades, behavioural law and economics, which seeks to generate better insights into legal phenomena by providing more realistic psychological foundations for economic models, and to offer a multitude of applications in legislation and legal adjudication, has challenged the traditional economic approach to law in general and, more recently, to competition law specifically.

The Normative Foundations of European Competition Law

Oles Andriychuk
The Normative Foundations of European Competition Law Book PDF

Author : Oles Andriychuk
Publisher : Edward Elgar Publishing
Page : 360 pages
File Size : 45,7 Mb
Release : 2017-08-25
Category : Law
ISBN : 9781786436078

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The Normative Foundations of European Competition Law by Oles Andriychuk Pdf

Does competitive process constitute an autonomous societal value or is it a means for achieving more meritorious goals: welfare, growth, integration, and innovation? The hypothesis of The Normative Foundations of European Competition Law is that the former is the case. This insightful book analyses the phenomenon of competition from philosophical, legal and economic perspectives demonstrating exactly why competitive process should not be viewed only as an instrument. It consolidates various normative theories of freedom, market and competition, and explains how exactly they can be operationalized effectively in the matrix of the EU competition policy.

The Role of Economic Analysis in EU Competition Law: the European School, Fourth Edition

Doris Hildebrand
The Role of Economic Analysis in EU Competition Law the European School Fourth Edition Book PDF

Author : Doris Hildebrand
Publisher : International Competition Law
Page : 554 pages
File Size : 55,5 Mb
Release : 2016
Category : Law
ISBN : 9041162453

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The Role of Economic Analysis in EU Competition Law: the European School, Fourth Edition by Doris Hildebrand Pdf

International Competition Law Series Volume 66 The Role of Economic Analysis in EU Competition Law, Fourth Edtionand in its revised and updated fourth edition, explores the full spectrum of the development of European economic approach in competition law. Almost two decades after the arrival of the and‘more economics based approachand’ to EU competition law, this economic school of thought, the European School, has been properly defined and is now in general used among competition law practitioners and their government counterparts. This approach, studied by Doris Hildebrand since the first edition of this now-classic work, implements the European cornerstones of the social market economy concept such as freedom of contract, social fairness, and the equality principle. In this edition, the author uncovers its multiple rationales as it has gradually formulated the legal principles of and‘competition economicsand’ that have come to underlie all matters related to Article 101 (1), Article 101 (3), Article 102, the Merger Regulation, and the State Aid provisions. As in previous editions, the bookand’s interdisciplinary approach integrates law and economics in such a way that economics in competition proceedings becomes easier to understand for lawyers not trained in economic theory or economic school of thoughts. It offers an in-depth description of and‘European Schooland’ theories and applications, particularly with respect to vertical and horizontal agreements. In addition, the book provides solid guidance on the definition of the relevant antitrust markets, with a detailed description of the hypothetical monopolist test. Whatand’s in this book: Among the fundamental elements discussed are the following: application of economics in the competition test as developed by the EU Courts; concrete economic analysis companies need to perform in order to qualify for an exemption; test procedures to assess whether a certain behaviour constitutes an abuse under Article 82; various methodologies to define markets; contrasting the European and Chicago schools; practical implementation of the EU social market economy objective in EU competition law; workable competition vs. effective competition; changes in the enforcement system; use of evidence in market definition practice; State Aid provisions; and empirical techniques used to evaluate a merger. All significant cases contributory to the development of European competition economics are discussed and analysed in detail. and‘The Frameand’, the first chapter that has been included in this edition, clearly demonstrates all the ways in which EU competition policy represents an essential foundation of the EU. Moreover and‘The Frameand’ elaborates that the social market economy objective as defined in the Lisbon Treaty is, from the economic perspective, the appropriate benchmark in any EU competition law assessment. This benchmark requires a holistic approach by taking into account and‘utilitiesand’ of EU citizens instead of focusing on price elements only. How will this help you: This new updated and revised edition has been greatly anticipated and will be widely welcomed. The book helps to develop expertise in applying the and‘more economics based approachand’ by citing the relevant case law. Competition lawyers, corporate in-house counsel, competition authorities, and courts will appreciate the bookand’s clear, understandable discussion of the relevant European competition theory, authoritative guidance on the application of economic analysis, and practical insight in dealing with these subjects in real-world cases. and

Competition Law and Economics

Abel Moreira Mateus,Teresa Coelho Moreira
Competition Law and Economics Book PDF

Author : Abel Moreira Mateus,Teresa Coelho Moreira
Publisher : Edward Elgar Publishing
Page : 457 pages
File Size : 45,6 Mb
Release : 2010-01-01
Category : Law
ISBN : 9781849807036

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Competition Law and Economics by Abel Moreira Mateus,Teresa Coelho Moreira Pdf

Mateus and Moreira present a formidable review of pressing issues in competition law and economics. Top officials, judges and experts from Europe and North America offer their insights into analytical issues, practical problems for companies, enforcers and complainants and on the state of trans-Atlantic divergence and convergence. The discussion on national champions and state aid is prescient. Throughout, the analysis is acute, cutting edge, and deep. Officials, counsel and scholars will draw from this fabulous book for years to come. Philip Marsden, British Institute of International and Comparative Law, London, UK Competition policy is at a crossroads on both sides of the Atlantic. In this insightful book, judges, enforcers and academics in law and economics look at the consensus built so far and clarify controversies surrounding the issue. There is broad consensus on the fight against cartels, with some countries criminalizing this type of agreement. However there is also wide debate on the questions of monopolization and abuse of dominant position, vividly highlighted by the recent Microsoft case. Furthermore, there are today diverging views on the interplay of business strategies and the control of market power on both a national and international scale. The book discusses the perennial issue in Europe of the conflicts between competition and industrial policies, once again bringing the theme of national champions to the fore. The contributing authors provide opinion on the efforts which have been made towards modernization in both the USA and the EU. Featuring new contributions by leading scholars and practitioners in antitrust, this book will be a great resource for antitrust enforcers, competition lawyers and practitioners and competition economists, as well as scholars and graduate students in antitrust and competition law.

Economic Evidence in EU Competition Law

Mitja Kovač,Ann-Sophie Vandenberghe
Economic Evidence in EU Competition Law Book PDF

Author : Mitja Kovač,Ann-Sophie Vandenberghe
Publisher : Unknown
Page : 0 pages
File Size : 46,7 Mb
Release : 2016
Category : Antitrust law
ISBN : 1780682867

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Economic Evidence in EU Competition Law by Mitja Kovač,Ann-Sophie Vandenberghe Pdf

This edited volume addresses the importance, implications, practices, problems and the role of economic evidence in EU competition law. It includes contributions on the use of the economic approach in the application and enforcement of EU competition law in different EU countries, candidate member states and third countries.

Resale Price Maintenance and Vertical Territorial Restrictions

Barbora Jedlicková
Resale Price Maintenance and Vertical Territorial Restrictions Book PDF

Author : Barbora Jedlicková
Publisher : Edward Elgar Publishing
Page : 384 pages
File Size : 44,8 Mb
Release : 2016-03-25
Category : Law
ISBN : 9781783477746

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Resale Price Maintenance and Vertical Territorial Restrictions by Barbora Jedlicková Pdf

Theoretical discussions among competition lawyers and economists on the approach to Resale resale Price price Maintenance maintenance (RPM) and Vertical vertical Territorial territorial Restrictions restrictions (VTR) have often caused controversy. However, commentators agree that there is a lack of comprehensive study surrounding the topic. This book explores these two forms of anticompetitive conduct from legal, historical, economical, and theoretical points of view, focusing on the EU and US experiences. The author expertly goes beyond the current legal practice to explain, among other things, what approach should apply to RPM and VTR, and why RPM and VTR are introduced in situations where procompetitive theories would not make economic sense, or do not apply in practice. The book takes account of economic values, such as efficiency and welfare, as well as other values, such as freedom, fairness and free competition. Scholars and students of law will find the book’s depth of legal, economic and historical analysis to be a rich contribution to the scholarship. This book will also be of use to EU and US practitioners, and enforcers dealing with RPM and VTR cases.

Public and Private Enforcement of Competition Law in Europe

Kai Hüschelrath,Heike Schweitzer
Public and Private Enforcement of Competition Law in Europe Book PDF

Author : Kai Hüschelrath,Heike Schweitzer
Publisher : Springer
Page : 279 pages
File Size : 53,5 Mb
Release : 2014-08-01
Category : Business & Economics
ISBN : 9783662439753

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Public and Private Enforcement of Competition Law in Europe by Kai Hüschelrath,Heike Schweitzer Pdf

Over the past fifteen years, the optimal enforcement of EU competition law has become a major concern. This book contains a unique collection of articles by lawyers and economists on current issues in the public and private enforcement of competition law. Public enforcement has been strengthened in numerous ways – for example, through the introduction of a leniency programme and a substantial increase in fines for competition law violations. At the same time the EU Commission has been promoting private enforcement – for example, by developing a legal framework that grants victims of EU antitrust law infringements access to compensation. The contributions in this book address a range of topics in the area of competition law enforcement, including the role of fines and leniency programmes in public enforcement; access to evidence and the quantification of damages in private enforcement; and the interaction between public and private enforcement of competition law in Europe.

Structure and Effects in EU Competition Law

Basedow
Structure and Effects in EU Competition Law Book PDF

Author : Basedow
Publisher : Kluwer Law International B.V.
Page : 370 pages
File Size : 40,5 Mb
Release : 2011-01-01
Category : Law
ISBN : 9789041131744

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Structure and Effects in EU Competition Law by Basedow Pdf

During the last decade the European Commission has progressively adopted what is called a and‘more economic approachand’ toward competition policy. This approach, which draws on U.S. antitrust policy, puts greater emphasis on possible welfare effects of business practices and is less concerned with competitive market structures. Under this school of thought concentration cannot be said to impede effective competition to the extent that efficiency gains outweigh market distortions. In order to stimulate the debate on this basic reorientation, in January 2009 the Max Planck Institute for Comparative and International Private Law at Hamburg convened economists, legal scholars, and practitioners for an exchange of views on these and‘newand’ methodological foundations of EU competition policy and competition law. Two especially controversial elements were chosen for in-depth discussion: the prohibition of abuses of dominant positions and the review of State aid. This book reproduces fourteen papers from this conference, representing the considered views of prominent European lawyers, economists, academics, policymakers, and enforcement officials in the competition field on matters such as: the objectives of EU competition law; the current enforcement guidelines of the EU Commission regarding Article 102 TFEU and? measuring market power; abusive low pricing strategies; the economics of competition law enforcemennt; recent developments in EU State aid law; economic justifications for State aid. A critical assessment of the Commissionand’s State aid action plan by the German Monopolies Commission is appended in English. Applying law and economics theory to competition law, this book shows that the and‘more economicand’ approach is exerting a considerable impact on various sectors of competition law. The authors clearly demonstrate the progress that can be made when lawyers and economists take notice of and respect the characteristics of each otherand’s discipline. Moreover, the authors show how new insights of economic theory may be integrated into the relevant legal analysis. The book will therefore be appreciated by academics, practitioners, and officials representing both fields.

Law and Economics in European Merger Control

Ulrich Schwalbe,Daniel Zimmer
Law and Economics in European Merger Control Book PDF

Author : Ulrich Schwalbe,Daniel Zimmer
Publisher : Oxford University Press
Page : 477 pages
File Size : 43,6 Mb
Release : 2009-10
Category : Business & Economics
ISBN : 9780199571819

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Law and Economics in European Merger Control by Ulrich Schwalbe,Daniel Zimmer Pdf

Co-written by an expert lawyer and economist, this book provides a thorough guide to the economic theory behind the regulation of mergers. The economic theory is then used to analyse the current state of European competition law, and test the success of the European Commission's search for a 'more economic approach' to merger regulation.

Economic Analysis in EU Competition Policy

Parcu, Pier L.,Monti, Giorgio,Botta, Marco
Economic Analysis in EU Competition Policy Book PDF

Author : Parcu, Pier L.,Monti, Giorgio,Botta, Marco
Publisher : Edward Elgar Publishing
Page : 320 pages
File Size : 43,9 Mb
Release : 2021-12-10
Category : Law
ISBN : 9781800370197

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Economic Analysis in EU Competition Policy by Parcu, Pier L.,Monti, Giorgio,Botta, Marco Pdf

This insightful book assesses emerging trends in the role of economic analysis in EU competition policy, exploring how it has substantially increased in terms of both theories and methods.

The Law and Economics of Buyer Power in EU Competition Policy

Frederik van Doorn
The Law and Economics of Buyer Power in EU Competition Policy Book PDF

Author : Frederik van Doorn
Publisher : Unknown
Page : 0 pages
File Size : 40,6 Mb
Release : 2015
Category : Antitrust law
ISBN : 9462365644

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The Law and Economics of Buyer Power in EU Competition Policy by Frederik van Doorn Pdf

The trend of retail concentration across the European Union has raised concerns on the buyer power that retailers may have in the relation with their suppliers. Following calls that the changing nature of competition demands a change in EU competition policy, this book investigates whether there is a 'gap' in current EU competition law concerning the potential harmful effects of buyer power from an economic efficiency perspective. Using a Law and Economics approach, the book identifies the potential concerns and assesses whether they can be addressed under the existing rules. While some critical comments are in place with regard to the consumer welfare standard that is applied, the book's analysis does not indicate that the current substantive legal framework of EU competition law is unfit to address the (potential) harmful effects of buyer power. *** Librarians: ebook available on ProQuest and EBSCO [Subject: EU Law, Competition Law, Commercial Law, Trade Law, Law and Economics]