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Books > Business & Economics > Business & management > Ownership & organization of enterprises
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Excessive Pricing and Competition Law Enforcement (Paperback, Softcover reprint of the original 1st ed. 2018)
Loot Price: R5,349
Discovery Miles 53 490
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Excessive Pricing and Competition Law Enforcement (Paperback, Softcover reprint of the original 1st ed. 2018)
Series: International Law and Economics
Expected to ship within 10 - 15 working days
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This volume examines the controversy surrounding the use of
competition law to combat excessive pricing. While high or
monopolistic pricing is not regarded as an antitrust violation in
the US, employing abuse of dominance provisions in competition laws
to fight excessive pricing has gained popularity in some BRICS
jurisdictions and a number of EU-member states in recent years. The
book begins by discussing the economic arguments for and against
the prohibition of excessive or unfair prices by firms with market
power. It then presents various country studies, focusing on
developed countries (such as the UK and Israel) and on the BRICS
countries, to highlight various practical challenges involved in
recognizing excessive prices as abusive conduct on the part of
dominant firms, including how to define, measure and identify
excessive prices. The contributors also discuss other policy
options that can be used to fight excessive prices in order to
protect consumer welfare.
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