To identify the relevant product markets for Swedish pharmaceuticals, a spatial econometrics approach is employed. First, we calculate Moran’s Is for different market definitions and then we use a spatial Durbin model to determine the effect of price changes on quantity sold off own and...

Two articles of eminent lawyer (Kaplow) and economists (Farrell and Shapiro) have recentlyquestioned the relevance and the utility itself of the notion of the relevant market.These articles do not confine themselves to show the main critiques but also propose differentoptions. In this short...

In the last years, a growing number of scholars is in favour of a wider use of quantitative tools in the antitrust suits: hence, an increase of safe harbours, safe heavens and critical thresholds may be observed. The traditional arguments justifying this approach are the legal certainty and the...