Ten years of effects- Based approach in EU competition law
Ten years of effects- Based approach in EU competition law

Author: Jacques Bourgeois

Publisher: Primento

Published: 2012-12-10

Total Pages: 284

ISBN-13: 2802738828

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One of the key components of the modernization of competition rules has been a radical departure from the previous «form-based» enforcement to a so-called «effects-based» approach. Taking stock of ten years of experience under this new policy, the present book analyses the changes brought about, as well as the practical problems encountered in its day-to-day application, be it by competition law enforcers, judges or practitioners. This book compiles the reports prepared for the 2011 Annual Conference of the Global Competition Law Centre (“GCLC”). Each and every chapter of this volume formulates concrete proposals as to how the system can be clarified or even improved. The focus is not only on the enforcement of Articles 101 and 102 TFEU, but also in the file of merger control. Attempts are made to define more precisely the boundaries between anticompetitive object and effect, and to develop adequate safe harbours and presumptions. This book also casts a closer look at the analytical framework, possible theories of harm, evidence and defences. Overall the objective is to reconcile as best as possible law and economics, and to see how the goal to achieve the “right decision” in terms of economic outcome can be combined with the legitimate need for legal certainty.

Remedies in EU Competition Law
Remedies in EU Competition Law

Author: Damien Gerard

Publisher: Kluwer Law International B.V.

Published: 2020-07-10

Total Pages: 362

ISBN-13: 9403522445

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By their nature, remedies are central to competition law enforcement and represent the yardstick against which the efficiency of the overall system can be measured. Yet very rarely have remedies been treated in a horizontal and comprehensive manner from the combined perspectives of substance, process and policy. The present volume, developed in partnership with the College of Europe’s Global Competition Law Centre (GCLC), provides coherent, practical, and authoritative commentaries by leading experts from the GCLC’s incomparable network. The contributions – originally presented at the 2019 GCLC annual conference – examine remedies to assess the overall effectiveness of competition law enforcement in merger, antitrust and State aid matters. The overall topic is presented under five headings: objectives and limitations of remedies; types of remedies in competition law enforcement; implementation and process; ex post assessment of remedies and policy lessons; and national and international approaches. The high-profile and wide-ranging group of authors includes the Director-General of the European Commission’s competition department, lawyers from major international firms, and well-known economists and academics specialising in competition law. With a sharp focus on how to make competition rules work well in today’s digital environment, this systematic and coherent analysis illuminates an issue that we need to fully grasp and understand in order to make sense of competition policy, law and enforcement in the years and decades to come.

The More Economic Approach to EU Antitrust Law
The More Economic Approach to EU Antitrust Law

Author: Anne C Witt

Publisher: Bloomsbury Publishing

Published: 2016-11-17

Total Pages: 379

ISBN-13: 1509909230

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In the late 1990s, the European Commission embarked on a long process of introducing a 'more economic approach' to EU Antitrust law. One by one, it reviewed its approach to all three pillars of EU Antitrust Law, starting with Article 101 TFEU, moving on to EU merger control and concluding the process with Article 102 TFEU. Its aim was to make EU antitrust law more compatible with contemporary economic thinking. On the basis of an extensive empirical analysis of the Commission's main enforcement tools, this book establishes the changes that the more economic approach has made to the Commission's enforcement practice over the past fifteen years. It demonstrates that the more economic approach not only introduced modern economic assessment tools to the Commission's analyses, but fundamentally changed the Commission's interpretation of the law. Emulating one of the key credos of the US Antitrust Revolution thirty years earlier, the Commission reinterpreted the EU antitrust rules as aiming at the enhancement of economic consumer welfare only, and amended its understanding of key legal concepts accordingly. This book argues that the Commission's new understanding of the law has many benefits. Its key principles are logical, translate well into workable legal concepts and promise a great degree of accuracy. However, it also has a number of serious drawbacks as it stands. Most worryingly, its revised interpretation of the law is to large extents incompatible with the case law of the European Court of Justice, which has not been swayed by the exclusive consumer welfare aim. This situation is undesirable from the point of view of legal certainty and the rule of law.

European Competition Law in a Nutshell
European Competition Law in a Nutshell

Author: Christian Koenig

Publisher:

Published: 2011

Total Pages: 0

ISBN-13: 9783869651583

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The legal foundations of Competition Law in the European Union are modest, with only nine articles of the Treaty on the Functioning of the European Union setting out the basis. Alongside this primary legislation, the detailed application of European Competition rules and regulations continues to be shaped by secondary legislation and extensive case law. European Competition Law: A Concise Guide in a nutshell identifies and analyses European jurisprudence and Commission policy, covering classic cases and established principles through to recent developments. The book addresses a full range of EU Competition Law topics (Cartels, Abuse of a Dominant Position, Merger Control, State Aid and Public Procurement) and includes chapters devoted to key legal terminology and the European Commission's competence. Each chapter focuses first on explaining the theoretical underpinnings and then on considering how the European Commission and European Courts have shaped and guided its practical application. With a clear structure and well-explained, numerous examples, this book will appeal to readers encountering European Competition Law for the first time as well as to experienced practitioners seeking guidance on a specific topic.

The Foundations of European Union Competition Law
The Foundations of European Union Competition Law

Author: Renato Nazzini

Publisher: OUP Oxford

Published: 2011-12-01

Total Pages: 2114

ISBN-13: 0191630128

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Article 102 TFEU prohibits the abuse of a dominant position as incompatible with the internal market. Its application in practice has been controversial with goals as diverse as the preservation of an undistorted competitive process, the protection of economic freedom, the maximisation of consumer welfare, social welfare, or economic efficiency all cited as possible or desirable objectives. These conflicting aims have raised complex questions as to how abuses can be assessed and how a dominant position should be defined. This book addresses the conceptual problems underlying the tests to be applied under Article 102 in light of the objectives of EU competition law. Adopting an interdisciplinary approach, the book covers all the main issues relating to Article 102, including its objectives, its relationship with other principles and provisions of EU law, the criteria for the assessment of individual abusive practices, and the definition of dominance. It provides an in-depth doctrinal and normative commentary of the case law with the aim of establishing an intellectually robust and practically workable analytical framework for abuse of dominance.

The Shaping of EU Competition Law
The Shaping of EU Competition Law

Author: Pablo Ibáñez Colomo

Publisher: Cambridge University Press

Published: 2018-07-12

Total Pages: 389

ISBN-13: 1108429424

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A ground breaking study of how the interaction between the European Commission and the EU Courts has shaped EU competition law.

EU Competition Law and Economics
EU Competition Law and Economics

Author: Damien Geradin

Publisher: OUP Oxford

Published: 2012-03-22

Total Pages: 916

ISBN-13: 0191637491

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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.

Bellamy & Child
Bellamy & Child

Author: David Bailey

Publisher: Oxford University Press, USA

Published: 2018

Total Pages: 0

ISBN-13: 9780198794752

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Competition Law and Policy in the EU --Article 101(1) --Article 101(3) --Market Definition --Cartels --Non-Covert Horizontal Cooperation --Vertical Agreements Affecting Distribution or Supply --Merger Control --Intellectual Property Rights --Article 102 --The Competition Rules and the Acts of Member States --Sectoral Regimes --Enforcement and Procedure --Fines for Substantive Infringements --The Enforcement of the Competition Rules by National Competition Authorities --Litigating Infringements in National Courts --State Aids.

Economic Analysis in EU Competition Policy
Economic Analysis in EU Competition Policy

Author: Parcu, Pier L.

Publisher: Edward Elgar Publishing

Published: 2021-12-10

Total Pages: 320

ISBN-13: 1800370199

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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.