This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each area, we select the most relevant portions of...

Waste management has gradually become an issue of major economic importance. Many operators have developed economic activities, creating, in so doing, a host of markets. The application of competition law on such markets will be assessed in this contribution, regarding more especially the...

Market definition is a core concept of competition law in the European Union, the United States and Brazil. The present contribution first surveys the general approach to market delineation in these three jurisdictions. Against this background, it then embarks on a discussion of market...

A monolith can be described as a geological feature “consisting of a single massive stone or rock, such as some mountains.” In architecture, it may refer to “a single large piece of rock placed as, or within, a monument or building.” A literary or artistic work may constitute a monolith...

In competition law, the relevant market acts as a filter that delineates that part of commerce within which competition law assesses companies’ market behaviour. This contribution considers how competition law can reconcile the legal concept of the relevant market with its economic roots. It...

Future Art. 102 TFEU cases concerning online platforms will require revisiting the process of the market definition in light of the complexities that are likely to arise due to the two- or multi sided nature of such platforms. This distinctive nature will firstly require determining the number...

This comment is submitted by the Global Antitrust Institute (GAI) to the European Commission (Commission) for consideration in relation to its consultation on its Notice on the definition of relevant market for the purposes of community competition law

This article addressed the problems of market definition, antitrust error, and digital platforms in Korean competition law and policy. As sound economic analysis is critical in dealing with antitrust cases, economic theories must be tested when those come to the courtroom. For a long time, on...

Competition law serves as an important tool for regulation of undertakings. In order to conduct a competition law analysis, one must first define the relevant market. However, this task is becoming more intricate in today’s digital era, especially in relation to so-called zero-price markets....