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Vol 22 No 3 March/April 2017

Book of the Month

Cover of Company Directors: Duties, Liabilities and Remedies

Company Directors: Duties, Liabilities and Remedies

Edited by: Simon Mortimore
Price: £225.00

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Principled Approach to Abuse of Dominance in European Competition Law

ISBN13: 9780521767149
Published: March 2010
Publisher: Cambridge University Press
Country of Publication: UK
Format: Hardback
Price: £64.00

Despatched in 5 to 7 days.

Three questions surround the interpretation and application of Article 82 of the EC Treaty. What is its underlying purpose? Is it necessary to demonstrate actual or likely anticompetitive effects on the market place when applying Article 82? And how can dominant undertakings defend themselves against a finding of abuse?

Instead of the usual discussion of objectives, Liza Lovdahl Gormsen questions whether the Commission’s chosen objective of consumer welfare is legitimate. While many Community lawyers would readily accept and indeed welcome the objective of consumer welfare, this is not supported by case law.

The Community Courts do not always favour consumer welfare at the expense of economic freedom. This is important for dominant undertakings’ ability to advance efficiencies and for understanding why the Chicago and post-Chicago School arguments cannot be injected into Article 82.

  • Challenges the current acceptance that consumer welfare is the main objective of Article 82, thus giving the reader an alternative viewpoint
  • Explains why the Chicago and post-Chicago School arguments cannot be injected into Article 82, helping the reader understand why it is and has been so difficult for dominant undertaking to advance efficiencies under Article 82

Competition Law
1. Introduction
2. Consumer welfare theory, different schools of thought and efficiencies
3. Objectives
4. The legitimacy of the consumer welfare goal in Article 82
5. The role of effects in Article 82
6. Guidelines
7. The way forward.