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We study antitrust enforcement in which the fine must obey four legal principles: punishments should fit the crime, proportionality, bankruptcy considerations, and minimum fines. We integrate these legal principles into an infinitely-repeated oligopoly model. Bankruptcy considerations ensure...
Persistent link: https://www.econbiz.de/10013113189
The provisions of EU law that are relevant to health insurance are either competition law and state aid, or public procurement. Which regime is applied depends mainly on the definition of the undertaking. At the same time, the internal market rules are also relevant, notably the non-life...
Persistent link: https://www.econbiz.de/10013123047
The Discussion Paper examines the regulation of the air transport sector from the perspective of competition law, focusing specifically on EU-US air transport relations. Emphasis is placed on the ongoing negotiations between Europe and the United States for the creation of a transatlantic open...
Persistent link: https://www.econbiz.de/10013123539
According to the European Commission, Svenska Kraftnät, the Swedish network operator, might have violated competition rules by limiting cross-border transmission capacity to relieve congestion within Sweden. Eventually, the case was settled and Svenska Kraftnät offered commitments to address...
Persistent link: https://www.econbiz.de/10013103670
In December 2011 the European Commission updated its original SGEI package of 2005 in which it spelled out under which conditions public service compensation constituted aid but was compatible with the internal market. As such both versions of the Package complement the 2003 Altmark ruling of...
Persistent link: https://www.econbiz.de/10013107418
Drawing from the economics of two-sided markets, we provide suggestions for the definition of the relevant market in cases involving two-sided platforms, such as media outlets, online intermediaries, payment cards companies and auction houses. We also discuss when a one-sided approach may be...
Persistent link: https://www.econbiz.de/10013084291
Whereas the EU's internal market rules govern market access and public intervention, its competition rules are concerned with the market conduct of private parties. When do the competition rules apply to healthcare? In principle the scope for application of the competition rules to the...
Persistent link: https://www.econbiz.de/10013090330
Persistent link: https://www.econbiz.de/10013070691
In dealing with applications for injunctive relief by the holders of FRAND-encumbered SEPs in the course of protracted licensing negotiations, any legal system faces the challenge of reaching the proper balance between predictability for stakeholders and differentiation between possible...
Persistent link: https://www.econbiz.de/10012964167
The past decade has seen growing antitrust concerns about the impact of private label goods on consumer welfare and competition in the grocery trade. Market investigations of the sector have been launched in several Member States, and there have also been legislative attempts to curb the power...
Persistent link: https://www.econbiz.de/10013112726