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The last few decades have witnessed substantial liberalization trends in various industries and countries. Starting with the deregulation of the US airline industry in 1978, regulatory restructuring took place in further network industries such as telecommunications, electricity or railways in various countries around the world. Although most of the liberalization movements were initially triggered by the worrying performances of the respective regulatory frameworks, increases in competition and corresponding improvements in allocative and productive efficiency were typically associated with the respective liberalization efforts. From an academic perspective, the transition from regulated in...
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.
Competition policy is an integral and prominent part of economic policy-making in the European Union. The EU Treaty prescribes its member states to conduct economic policy ‘in accordance with the principle of an open market economy with free competition’. More precisely, the goal of EU competition policy is “to defend and develop effective competition in the common market” (European Commission, 2000: 7). Under its Commissioners van Miert, Monti and, most - cently, Kroes the EU Commission has stepped up its effort to pursue and achieve the aforementioned goal. A number of so-called hard-core cartels, such as the - torious “vitamin cartel” led by Roche, have been detected, tried in...
Preisvereinbarungen ermoglichen es Marktteilnehmern, den Wettbewerb zu beschranken. Das Verbot der Preisbindung der zweiten Hand ist deshalb auch bei rechtsvergleichender Betrachtung ein zentraler Grundsatz von Kartellrechtsordnungen in den USA und Europa. In jungster Vergangenheit ist dieses strikte Verbot jedoch in die Kritik geraten. Mareike Walter untersucht, wie sich Kartellrechtsordnungen seit dem Rechtssprechungswechsel des U.S. Supreme Court in der Leegin-Entscheidung 2007 gegenuber vertikalen Preisvereinbarungen und alternativen Strategien verhalten. Sie uberpruft, ob rechtsdogmatische oder okonomische Erkenntnisse sowohl in Bezug auf klassische als auch moderne Klauseln in Online-Geschaftsmodellen ein ehemals unumstossliches Verbot tatsachlich nachhaltig in Frage stellen konnen. Auch Umgehungsstrategien und Bereichsausnahmen finden in dieser Neubewertung besondere Berucksichtigung.
The break-up of BAA and the blocked takeover of Bratislava airport by the competing Vienna airport have brought the issue of airport competition to the top of the agenda for air transport policy in Europe. Airport Competition reviews the current state of the debate and asks whether airport competition is strong enough to effectively limit market power. It provides evidence on how travellers chose an airport, thereby altering its competitive position, and on how airports compete in different regions and markets. The book also discusses the main policy implications of mergers and subsidies.
This book reviews and presents antitrust law compliance programmes from different angles. These programmes have been increasingly implemented and refined by firms over recent years, and various aspects of this topic have been researched. The contributions in this book extend beyond the treatment of legal issues and show how lawyers, economists, psychologists, and business scholars can help design antitrust law compliance programmes more effectively and run them more efficiently.
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Employs the economics of federalism to create an analytical framework which can be used for comparative analysis of stylised competence allocation rules. This book offers a perspective on international competition policy. It is suitable for economists, legal scientists and competition authorities.
Competition authorities are increasingly interested in understanding the impact of their activities on markets and consumers. The goal is to improve competition policy rules and decision-making practices and to get robust evidence on the benefits of competition and competition policy for society as a whole. Discussions with competition authorities, practitioners and academics have shown the need to take stock of the experience gained in this field by the European Commission and to present it in an easily accessible way. The studies collected in this volume – prepared by senior Commission officials and competition policy experts – range from the ex post evaluation of specific policy inter...
Kai Hüschelrath analysiert und beurteilt Möglichkeiten zur Verbesserung des Zuteilungsverfahrens für Start- und Landerechte an Flughäfen unter Beachtung ökonomischer, politischer, rechtlicher und technischer Anforderungen.