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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.
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.
This contributed volume focuses on competition policy enforcement
in BRICS and developing counties. It examines the role and
application of economic analysis and evidence in law enforcement
procedures, as well as their influence on competition authorities'
policy-making. The contributors also address topics such as recent
developments in competition law and practice, institutional design,
indicators of performance in enforcement, the incorporation of
public interest concerns in Competition Authority objectives,
procedural fairness, procurement procedures and compulsory
licensing.
This contributed volume focuses on competition policy enforcement
in BRICS and developing counties. It examines the role and
application of economic analysis and evidence in law enforcement
procedures, as well as their influence on competition authorities'
policy-making. The contributors also address topics such as recent
developments in competition law and practice, institutional design,
indicators of performance in enforcement, the incorporation of
public interest concerns in Competition Authority objectives,
procedural fairness, procurement procedures and compulsory
licensing.
This EU Digest 2013 is a selection of 51 essays on European
competition case laws from the 27 European Union member States and
neighboring States. Each essay consists in a synthesis of the
leading cases from 2012 and beyond. These essays are organized in
two parts. Part I deals with Competition Provisions (Cartels,
Dominance, Merger, State aid...) whereas Part II deals with
Business Sectors (Automobile, Broadcasting, Healthcare, IT &
Telecommunications, Sports...). The purpose of this Digest is to
provide a snapshot of the areas of convergence and remaining
diversity of competition law in Europe. As noted by Fr d ric Jenny
in his Foreword below, while this book is not based on a
comprehensive study of all national case laws, no such study is
needed to identify the main trends in this area. This EU Digest
highlights both convergence and divergence in various areas and
sectors of European competition law, making it easy for both
practitioners and academics to draw comparison between
jurisdictions in various areas and sectors of European competition
law.
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