New Directions in Price Test for Market Definition

The appropriate definition of the relevant market is the main task in competition cases. But this definition, and its application, has proved difficult in abuse of dominance cases, mainly because of the cellophane fallacy. I offer new interpretations for the cointegration test and its vector error correction representation, in antitrust market definition. Then I apply them to define the beer market in Uruguay as an example.

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Year of publication:	2010
Authors:	Zipitria, Leandro
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Antitrust \| market definition \| price test \| beer sector

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	C22 - Time-Series Models ; C32 - Time-Series Models ; L40 - Antitrust Policy. General ; L66 - Food; Beverages; Cosmetics; Tobacco
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011112688