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Vol 23 No 3 March/April 2018

Book of the Month

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Scamell and Gasztowicz on Land Covenants

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Collective Dominance and Collusion: Parallelism in EU and US Competition Law

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ISBN13: 9781781956045
Published: March 2013
Publisher: Edward Elgar Publishing Limited
Country of Publication: UK
Format: Hardback
Price: £96.00

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By examining the issue of collusion in EU and US competition law, this book suggests possible strategies for improving the antitrust enforcement against parallelism, by exploiting the most advanced achievements of economic analysis. The book contains a suggested approach to collusion, in ex ante and ex post perspectives. By moving from the analysis of the state of art, in terms of law, case law, and scholarship, Marilena Filippelli analyses inconsistencies and failures in the current antitrust enforcement toward collusion and develops a workable parameter for the issue of collective dominance.

The most innovative part of this work goes beyond the analysis itself of collective dominance and involves the interference of arts. 101 and 102. The conclusion is a re-definition of the relationship between those rules - from dichotomy to redundancy. Finally, the book highlights the antitrust significance of semi-collusion, as a strategy made of collusion and competition. The author considers economic models equaling, as for the effects, collusion and semi-collusion and the case law supporting the qualification of semi-collusion as a species of collusion. The analysis involves both US and EU systems, under the highly topical economic-oriented approach. It also contains an original view of European antitrust prohibitions. Because of its contents and its approach, this book will be attractive to every academic interested in antitrust law. Moreover, the well-documented research on parallelism, involving law, case law and scholarship, makes this book interesting also for competition authorities and antitrust lawyers.

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Competition Law
Part I: Parallelism in US Competition Law
1. US Antitrust Policy Toward Parallelism - The Ex Post Enforcement
2. The US Merger Policy toward Collusion

Part II: Parallelism in EU Competition Law
3. First Evidence of the 'Oligopoly Problem' in the Enforcement of EU Antitrust Laws
4. The First Stage of EU Oligopoly Control - Shaping the Category of Collective Dominance
5. Airtours and its Aftermath

Part III: A Suggested Approach to Collective Dominance
6. Coordinated Effects in EU Merger Control
7. Abuses Of Collective Dominance 8. Lessons from Collective Dominance - Re-thinking the Relationship of Articles 101 and 102
Concluding Remarks: EU and US Approach to the Oligopoly Problem - An Economic-based Trend toward Convergence