This report argues in favour of an economics-based approach to Article 82, in a way similar to the reform of Article 81 and merger control. In particular, we support an effects-based rather than a form-based approach to competition policy. Such an approach focuses on the presence of...

This paper analyses the optimal enforcement of competition policy against collusion under asymmetric information on cartel's costs and observable prices. The implementable price schedules are increasing, and the net profits decreasing, in cartel's costs, while expected penalties are increasing...