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In this paper, we comment on the debate about guidelines for Art. 102 TFEU in the face of the challenges brought by digital ecosystems and abuse of dominance in related markets. We take the perspective of dynamic competition economics and derive four recommendations for the future enforcement of...
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We test the economic principles that play a role for imposing fines against the intentions put forward by the EC Commission in the new 2006 Fine Guidelines. Whereas a number of economists in the past adopted the opinion that cartel enforcement policy was too lax in Europe, it is now much...
Persistent link: https://www.econbiz.de/10014050237
In its recently published fining guidelines, the European Commission bases antitrust fines on affected commerce with the objective to deter competition law infringements. We show that Article 23(2) of Regulation 1/2003 constrains this approach at low fractions of the value of affected EEA...
Persistent link: https://www.econbiz.de/10014055063
The recent decision issued by the European Commission against Microsoft raises legitimate concerns under many respects. First, the way the Commission handled the whole proceeding highlighted all the impasse that characterizes antitrust authorities when dealing with complex cases from the...
Persistent link: https://www.econbiz.de/10014070134
Since the late 1980s the EU has made great strides in the liberalization of network markets. This article assumes a horizontal perspective, juxtaposing different network markets while focusing solely on the rules and policies at EU level. A six-step checklist is applied to facilitate a...
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This chapter analyzes Big Data and Big Data abuses of market power. The chapter provides an overview of developments under both EU and US case law relevant to such abuses as well as some of the economic underpinnings of such an analysis. While there are not many cases specific to this interface,...
Persistent link: https://www.econbiz.de/10013307570