Grout, Paul A.; Zalewska, Anna - Centre for Market and Public Organisation (CMPO), … - 2006
The paper outlines various measures of profitability and considers what role they can play in competition law. We argue … percent more than the cost of capital is not really much help in almost all competition law cases. But we show that once the …). Despite such problems, we argue that the measurement of profit has a role to play in competition law but that the analysis is …