This outstanding collection of original essays brings together some of the leading experts in competition economics, policy and law. They examine what lies at the core of the ‘economic approach to competition law’ and deal with its normative and institutional limitations. In recent...

The context for this book is the increasingly complex relationship between economic theory and competition law which gives rise to lively political and academic debate on the direction competition law should take in a more global and innovation-oriented market place.

Vor 50 Jahren, am 3. Juli 1957, wurde das Gesetz gegen Wettbewerbsbeschränkungen vom Bundestag verabschiedet. Wie wurde das Gesetz zu Beginn beurteilt und welche Wandlungen hat es bis heute erfahren? Wie sehen die Beziehungen zur europäischen Wettbewerbspolitik aus? Welche Aufgaben müssen...

Law and Economics in European Merger Control provides a thorough introduction to the economic theory underlying the regulation of mergers. The central economic concepts of efficiency and welfare are introduced and their role in the foundations of competition law is explained. Market structures...