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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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UK Public Holiday May 2017

Wildy's will be closed on Monday 1st May and will re-open on Tuesday 2nd May.

Online book orders received during the time we are closed will be processed as soon as possible once we re-open on Tuesday.

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Any non-UK eBook orders placed after 5pm on the Friday 28th April will not be processed until Tuesday 2nd May. UK eBook orders will be processed as normal.

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Definition of the Relevant Market: (Lack of) Harmony between Industrial Economics and Competition Law


ISBN13: 9781780681375
Published: December 2014
Publisher: Intersentia Publishers
Country of Publication: UK
Format: Paperback
Price: £57.00



Despatched in 4 to 6 days.

Market definition plays a critical role in EC competition law, as the first step of any investigation into the nature of competition in a given industry. While not an end in itself, the definition of the relevant market serves to identify those products and areas which effectively restrain the behaviour of the firms of interest, so that those firms could not act independently within the market.

This book strives for a greater harmony between law and economics in defining antitrust markets. To that end, it brings together a wide array of quantitative tests routinely utilised by European competition authorities, such as price correlation analysis or the analysis of trade flows, together with more sophisticated quantitative measures such as merger simulation models or critical loss analysis.

Taken together, this book proffers a comprehensive and protracted account of economic and empirical methods dominating the antitrust discourse to date, which carry the potential to revolutionise the quality of antitrust enforcement, its transparency, predictability and the accuracy of its results.