EC Competition Law (Law in Context)
Cambridge University Press, 8/9/2007
EAN 9780521700757, ISBN10: 0521700752
Paperback, 566 pages, 24.7 x 17.4 x 2.9 cm
Language: English
The development of competition law in the EU can be explored through three interrelated perspectives: the extent to which controversies in economic thinking affect the design of the law; how changing political visions about the objectives of competition law have caused shifts in the interpretation of the rules; and the institution in charge of applying the rules. The economic and political debates on competition law show that it is a contested terrain, and the way courts and competition authorities apply the law reflects their responses to the objectives and economics of competition law. By characterising the application of competition law as a continuous response to policy and economic debates, the author casts fresh perspectives on the subject. Written with competition law students in mind, Monti sets out economic concepts in a non-technical manner and explores the policy dimension of competition law by referring to key cases and contemporary policy initiatives.
1. Competition law - policy perspectives
2. The core values of EC competition law in flux
3. Economics and competition law
4. Competition law and public policy
5. Market power
6. Abuse of a dominant position
anticompetitive exclusion
7. Abuse of a dominant position
from competition policy to sector-specific regulation
8. Merger policy
9. Oligopoly markets
10. Distribution agreements
11. Institutions
who enforces competition law?
12
Competition law and liberalisation
13. Conclusions.
'... the most readable and yet thoughtful account on the market. Whilst being very practical, it has the great benefit of making clear the distinctive contributions of law and politics (not simply economics) to competition law in the EU.' Daniel Wilsher, City University London