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The Economics of EC Competition Law

Concepts, Application and Measurement
Buch | Hardcover
672 Seiten
2002 | 2nd edition
Sweet & Maxwell (Verlag)
978-0-421-83000-4 (ISBN)
CHF 449,95 inkl. MwSt
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The second edition of this work provides an overview of economic theory and analysis as applied to European competition law, and includes the important legislative, regulatory and policy developments since 1999. It explains clearly complex concepts and analytical techniques.
The economics of competition law have grown steadily in importance as regulatory authorities have moved to adopt more economics-based concepts when deciding what constitutes non-competitive behaviour. Most of the key strands of competition enforcement - such as vertical restraints, joint dominance, portfolio power and abuse - now rest squarely on economic principles.
This new edition of an acclaimed work provides an overview of economic theory and analysis as applied to European competition law, and covers the important legislative, regulatory and policy developments of the past three years since publication of the first edition.
* Clearly explains the concepts and analytical techniques that lawyers working in competition and mergers need to know
* Written specifically for lawyers, explaining an unfamiliar subject in language they can understand
* Looks at both economic theory and the empirical techniques employed in European competition law
* Reinforces its explanations with examples drawn from Commission decisions and Court judgments
* Covers the rapid evolution of the subject since the previous edition

Introduction. Concepts: effective competition; the assessment of market power; the relevant market. Application: Article 81; Article 82; merger control. Measurement: introduction to empirical analysis; multiple regression analysis as a tool in antitrust policy; estimating elasticities; price correlation analysis; shipment and transport costs tests; price concentration studies; bidding studies; Granger causality and cointegration tests. Summary. Appendices.

Erscheint lt. Verlag 31.12.2002
Verlagsort London
Sprache englisch
Themenwelt Recht / Steuern EU / Internationales Recht
Recht / Steuern Wirtschaftsrecht Wettbewerbsrecht
Wirtschaft Volkswirtschaftslehre Makroökonomie
ISBN-10 0-421-83000-X / 042183000X
ISBN-13 978-0-421-83000-4 / 9780421830004
Zustand Neuware
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