Part of a larger textbook on business law and economics, this Chapter surveys how economic analysis has been applied to competition, or antitrust, law, in the main jurisdictions on both sides of the Atlantic. The first part chronicles the successive schools of thought in the US and the EU, with...

This paper contains the conclusions from the work of the Economic Impact Group (EIG), a part of the CoPECL Network of Excellence funded by the EU to prepare a Draft Common Frame of Reference (DCFR). Part 1 revisits basic principles which are central to the work of the whole group. For one,...

Most of the draft CFR (DCFR) concerns contract law, yet in Book VI the DCFR deals with another major component of private law which could not be ignored in the work of the Economic Impact Group (EIG). What the DCFR accurately if dryly defines as "noncontractual liability arising out of damage...