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The use of economic theory and economic evidence in competition
cases, their appropriate interpretation, meaning, impact,
usefulness and validity are among the most challenging issues that
judges and legal practitioners are facing in their daily
decision-making. Notorious questions of, for example, how courts,
practitioners and other decision-making bodies should employ
economic evidence and what weight (and credibility) should be
attached to such evidence where different experts offer different
suggestions are among the most complex ones. This book, while
addressing such questions, provides tools for judges, scholars and
legal practitioners to employ economic evidence in a more
effective, optimal and predictable way so as to overcome the
identified, EU-wide obstacles in enforcing current EU competition
law.This edited volume addresses the importance, implications,
practices, problems and the role of economic evidence in EU
competition law. It includes contributions on the use of the
economic approach in the application and enforcement of EU
competition law in different EU countries, candidate member states
and third countries. The book features scholars who are experts in
the field of competition law and economics as well as several of
the most prominent European judges who provide first-hand
information on the use of economic evidence in practice. The book
is not limited to a particular subfield of competition law, but
covers the area of competition law at large, including state aid.
This reflects the fact that also the European Commission has
gradually expanded the application of the economic approach to all
areas of competition law.
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