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Price discrimination is an ambiguous concept: its welfare effects on consumers are generally uncertain and the contours of its legality are unclear. This paper aims to clear up the ambiguities surrounding the enforcement of Article 82(2)(c) of the EC Treaty, which holds that dominant companies...
Persistent link: https://www.econbiz.de/10014219319
The exchange and the use of information within the European Competition Network is a key feature of the cooperative enforcement system established by Regulation 1/2003. So is the autonomy of Member States in designing their own national procedural framework for the application of Articles 101...
Persistent link: https://www.econbiz.de/10014209891
Once upon a time there was a little entrepreneur walking in the forest with a bag of new inventions-designed-to-shake-up-the-world. Along the way he met Big Bad Wolf, who was dressed in sheep’s wool."Where are you going, Little Entrepreneur?" asked Big Bad Wolf."I am going to Invention’s...
Persistent link: https://www.econbiz.de/10013226393
The article assumes arguendo that efficiency is the sole goal of antitrust. It then observes that how to achieve efficiency by applications of antitrust law is not obvious; that there are various routes towards attempting to achieve efficiency, and Chicago School advocates have picked one based...
Persistent link: https://www.econbiz.de/10013158247