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The Concept of Abuse in EU Competition Law - Law and Economic Approaches (Paperback, New as Paperback)
Loot Price: R1,540
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The Concept of Abuse in EU Competition Law - Law and Economic Approaches (Paperback, New as Paperback)
Series: Hart Studies in Competition Law
Expected to ship within 10 - 15 working days
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The objective(s) of Article 102 TFEU, what exactly makes a practice
abusive and the standard of harm under Article 102 TFEU have not
yet been settled. This lack of clarity creates uncertainty for
businesses and raises an important question of legitimacy. This
book inquires into the possible objectives of Article 102 TFEU and
proposes a modern approach to interpreting 'abuse'. In doing so, it
establishes an overarching concept of 'abuse' that conforms to the
historical roots of the provision, to the text of the provision
itself and to modern economic thinking on unilateral conduct. This
book therefore inquires into what Article 102 TFEU is about, what
it can be about and what it should be about. The book demonstrates
that the separation of exploitative abuse from exclusionary abuse
is artificial and unsound. It examines the roots of Article 102
TFEU and the historical context of the adoption of the Treaty, the
case law, policy and literature on exploitative abuses and, where
relevant, on exclusionary abuses. The book investigates potential
objectives, such as fairness and welfare, as well as potential
conflict between such objectives. Finally, it critically assesses
the European Commission's modernisation of Article 102 TFEU, before
proposing a reformed approach to 'abuse' which is centred on three
necessary and sufficient conditions: exploitation, exclusion and a
lack of an increase in efficiency.
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