The current challenges in competition policy and market regulation require detailed assessments not only from an interdisciplinary but also from an international perspective. Competition law is implemented through public and private enforcement. The design of competition law institutions and the global. Rethinking competition law within the european economic. The draft model law and the regulor commentaries received from member states embodies the principles laid down in the set and couples these with a scheme for national competition authority. This is the first eu competition law treatise to fully integrate economic reasoning in its treatment of european commission decisions and the case law of the european court of justice. Competition law is a classic field of economic analysis of law.
Legal blog, on competition law and economics, tracks trends and provides unique analysis on antitrust and business events in the global marketplace. In a 2014 paper, wouter wils, hearing officer of the european commission, stated. This year, the european courts have ruled on a number of competition law cases where economic analysis has played a key role. Characterizing this change as one towards a more economic approach could be misleading. For these reasons, it is the policy of the company to comply strictly, in all respects, with competition laws.
The use of economic analysis in competition cases unctad. The coevolution of industrial organization economics and competition law continues. The article stresses the particular position of the european competition law, which is a national law from the global view, but federal from the nations view, and follows how. This is not a concern that is limited to emerging competition law regimes10. Economic analysis before the commission and the court. A framework for promoting competition in electronic ommunications.
May 18, 2010 the role of economic analysis in competition law may 16, 2010. The influence of economic discourse industrial organization io and welfare economics on competition law is well documented. May 02, 2012 were not saying that we do nor, of course, that anyone else should read competition law books instead of noncompetition law books. Competition law is a law that promotes or seeks to maintain market competition by regulating anticompetitive conduct by companies.
Our economics for competition law programme is suitable for practising lawyers, regulators, academics and those with a specific need for knowledge of economics for competition law. This is largely due to the fact that competition law uses terms such as market, price, and competition and must therefore rely on economic knowledge and analyses. No matter how good a competition law book is, noncompetition law books teach you or open your mind to much more important stuff. Intellectual property, competition law and economics in asia, ian mcewin, ed. Provides stateoftheart insights into recent developments in competition law. Competition policy is at a crossroads on both sides of the atlantic. The eu competition rules no doubt have positive effects on consumer welfare. National seminar on laws and economics of competition. Cleen competition law and economics european network.
Despite a good deal of debate, at the moment the law and economics are not entirely clear or. New york university law and economics working papers new york university school of law 812012 the design of competition law institutions and the global convergence of process norms. Competition law officials and economic policy decision makers in developing countries often face a dilemma. Clarifying the role of the competition authorities and the sector regulator. 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. Competition economics and antitrust in europe european. National conference on economics of competition law. This is the second edition of the acclaimed text on global antitrust law.
New developments in competition law and economics klaus. The algorithm determined the precise fare the passenger would pay for a trip. Elements of economics useful in competition cases 2 the economic and the legal mind look at the reality differently 3 how economic evidence can help cartel enforcement 4tension between law and economics. Pdf harmonization of competition law in globalized economy. Director, paris center for law and economics, cred. The views expressed herein are my own and do not necessarily reflect those of hong kong. Economic analysis and competition policy enforcement in europe. It uses evidence from the involvement of economists in competition. Postgraduate diplomamasters in economics for competition law. Lse law society and economy working paper series, 072016 pablo ibanez colomo beyond the more economicsbased approach.
Mar 01, 2012 the rising influence of economics in competition law enforcement is beyond question. The conference was organized to bring together scholars, practitioners and experts working in the area of competition law from across the country to present papers and deliberate on various economic. Nicolas petit, who blogs at chillin competition and teaches at the university of liege, has started an ambitious, new llm in competition law and economics at something called the brussels school of competition. The economics of competition law archived constant. Impact of eu competition law on public and private decisionmakers 1.
Economics for competition law study at kings kings. The application of eu competition law can be divided into three distinct periods. L nonetheless, it is widely agreed that the application of economics to competition law analysis can result in greater precision and predictability in the laws enforcement. We are just saying that when weve had the time we have found it useful to. It strikes me as interesting and helpful for being an academic law and economics program focused very clearly on practitioners and. A legal perspective on article 102 tfeu case law c. Submit an article subscribe view the editorial board. Competition law is known as antitrust law in the united states for historical reasons, and as antimonopoly law in china and russia. Competition law london school of economics and political. This contribution is a broad textbooklike survey on the economic foundations of competition policy. In many ways, the rising profile of economics is excellent news. Eu competition law and economics damien geradin, anne laynefarrar, and nicolas petit. Provides stateoftheart insights into recent developments in competition law and.
The role of economic analysis in competition law by douglas h. It is aimed at developing countries that do not, have a domestic competition law. Unctad economic and econometric evidence in competition law. The positive economic effects of eu competition policy 1. On completion of the course, you will have a firm understanding of the increasingly important role that economics plays in competition law and an understanding of. Economic analysis and competition policy enforcement in europe larshendrik roller the role and scope of modern economic analysis in competition policy in europe has been changing. In 2007 tilec was instrumental in setting up a european network of research institutions with a similar focus. Completing this rigorous programme will give you an edge in a competitive job market. The competition law and economics network clen is a network of people engaged in research, teaching and other activities in areas related to competition law and economics at the university of melbourne. The development of competition law and economics in south africa, hsrc press, 2012. This programme is aimed at competition lawyers, both inhouse and in private practice, and economists who may be new to competition law.
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