The European Commission Report on Competition in Professional Services found that recommended prices by professional bodies have a significant negative effect on competition since they may facilitate the coordination of prices between service providers and/or mislead consumers about reasonable...

The antitrust theory, used as the economic guide to analyze market concentration - mergers, acquisitions, and anticompetitive conducts, has been changed for the last few decades. The primary concern with market structure was replaced by the economic efficiency approach, balancing the potential...