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E-book

Title Cases in European competition policy : the economic analysis / edited by Bruce Lyons
Published Cambridge ; New York : Cambridge University Press, 2009

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Description 1 online resource (xviii, 492 pages) : illustrations
Contents Michelin II : the treatment of rebates / Massimo Motta -- Interoperability and market foreclosure in the European Microsoft case / Kai-Uwe Kühn and John Van Reenen -- Mobile call termination in the UK : a competitive bottleneck? / Mark Armstrong and Julian Wright -- Relationship between buyer and seller power in retailing : UK supermarkets (2000) / Paul W. Dobson -- The graphite electrodes cartel : fines which deter? / Morten Hviid and Andreas Stephan -- Assessment of damages in the district heating pipe cartel / Peter Møllengaard -- Interchange fees in payment card systems : price remedies in a two-sided market / Jean-Charles Rochet -- The Orders and Rules of British Horseracing : anticompetitive agreements or good governance of a multi-sided sport? / Bruce Lyons -- Efficiency enhancing or anticompetitive vertical restraints? : selective and exclusive car distribution in Europe / Frank Verboven -- Beer : the ties that bind / Michael Waterson -- Parallel trade of prescription medicines : the Glaxo dual pricing case / Patrick Rey and James S. Venit -- A merger in the insurance industry : much easier to measure unilateral effects than expected / Christian Gollier and Marc Ivaldi -- Merger simulations of unilateral effects : what can we learn from the UK brewing industry? / Margaret E. Slade -- The ups and downs of the doctrine of collective dominance : using game theory for merger policy / Eliana Garces-Tolon, Damien Neven and Paul Seabright -- Capacity constraints and irreversible investments : defending against dominance in the UPM/Kymmene/Norske Skog/Haindl / Kai-Uwe Kühn and John Van Reenen -- Vertical effects between natural gas and electricity production : the Neste-IVO merger in Finland / Rune Stenbacka -- Horizontal, vertical and conglomerate effects : the GE-Honeywell merger in the EU / Xavier Vives and Gianandrea Staffiero
Summary Competition between firms is usually the most effective way of delivering economic efficiency and what consumers want. However, there is a balance to be struck. Firms must not be over-regulated and so hampered in their development of innovative products and new strategies to compete for customers. Nor must they be completely free to satisfy a natural preference for monopoly, which would give them higher profits and a quieter life. The economic role of competition policy (control of anticompetitive agreements, mergers and abusive practices) is to maintain this balance, and an effective policy requires a nuanced understanding of the economics of industrial organization. Cases in European Competition Policy demonstrates how economics is used (and sometimes abused) in competition cases in practical competition policy across Europe. Each chapter summarizes a real case investigated by the European Commission or a national authority, and provides a critique of key aspects of the economic analysis
Bibliography Includes bibliographical references (pages 465-481 and index
Notes English
Subject Antitrust law -- Europe -- Cases
Antitrust law -- Economic aspects -- Europe
LAW -- Military.
Antitrust law
Antitrust law -- Economic aspects
Commercial policy
Wettbewerbspolitik
SUBJECT Europe -- Commercial policy
Subject Europe
Europäische Union.
Genre/Form Trials, litigation, etc.
Form Electronic book
Author Lyons, Bruce.
ISBN 9780511651823
0511651821
9780511803130
0511803133
9780511632648
0511632649
0511699700
9780511699702