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This article investigates the purpose and workings of EU competition law and policy: how does the protection of competition promote welfare? It scrutinizes the claim that sustainable consumption and production (SCP) requires flexible rather than strict enforcement of Article 101 TFEU. Flexible...
Persistent link: https://www.econbiz.de/10012899626
This article investigates the purpose and workings of EU competition law and policy: how does the protection of competition promote welfare? It scrutinizes the claim that sustainable consumption and production (SCP) requires flexible rather than strict enforcement of Article 101 TFEU. Flexible...
Persistent link: https://www.econbiz.de/10012850358
Public and private action against cartels is an internationally recognized cornerstone of antitrust enforcement. Effective private enforcement requires that cartel victims can receive (at least) full compensation for the harm suffered. Academics and competition authorities support this goal with...
Persistent link: https://www.econbiz.de/10010233583
While private actions for damages by customers against price-cartels receive much attention, the treatment of other groups affected by such conspiracies is largely unresolved. This article narrows the research gap with respect to suppliers to a downstream price cartel. First, we show that such...
Persistent link: https://www.econbiz.de/10009787408
The present paper analyzes the interaction between the economic review of the probition of abuses of a dominant position (Article 82 EC) on the one hand and the efforts to enhance private enforcement of competition law through private damage claims on the other hand. The paper argues that...
Persistent link: https://www.econbiz.de/10013134375
There is a data paradox in competition enforcement. Data is an infinitely scalable, widely available, non-rivalrous and non-exclusive asset. The European Commission's merger decisional practice suggests that these features make data a kind of asset unlikely to be conducive to competition issues....
Persistent link: https://www.econbiz.de/10012872180
Competition enforcement is characterised by asymmetric information and Competition Authorities have been provided with inspection powers to reduce the informative gap. The paper looks at competition inspections from different perspectives. First of all, the paper analyses convergences of...
Persistent link: https://www.econbiz.de/10013051395
The idea of rewarding private parties who participate in the enforcement of public rules is not uncommon. Still, in the field of anti-cartel enforcement the policy of rewarding acts which are beneficial to the public is limited and typically takes the form of forgoing or reducing penalties under...
Persistent link: https://www.econbiz.de/10013052181
The importance of economics to the analysis and enforcement of competition policy and law has increased tremendously in the developed market economies in the past forty years. In younger and developing market economies, competition law itself has a history of twenty to twenty-five years at most...
Persistent link: https://www.econbiz.de/10011689074
This is the first work to disentangle the procedural complexities of the interplay between public and private enforcement of competition law in the EU and in the UK as well as in its transnational, multi-jurisdictional dimension. Now in its second edition, the work considers a number of...
Persistent link: https://www.econbiz.de/10014111401