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Vol 21 No 10 Oct/Nov 2016

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Criminal Injuries Compensation Claims

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The Concept of Abuse in EU Competition Law: Law and Economic Approaches


ISBN13: 9781849469722
Published: June 2015
Publisher: Hart Publishing
Country of Publication: UK
Format: Paperback (Hardback in 2012)
Price: £24.99
Hardback edition , ISBN13 9781849461092



Low stock.

The objective(s) of Article 102 TFEU, what exactly makes a practice abusive and the standard of harm under Article 102 TFEU have not yet been settled. This lack of clarity creates uncertainty for businesses and raises an important question of legitimacy.

This book inquires into the possible objectives of Article 102 TFEU and proposes a modern approach to interpreting 'abuse'. In doing so, it establishes an overarching concept of 'abuse' that conforms to the historical roots of the provision, to the text of the provision itself and to modern economic thinking on unilateral conduct. This book therefore inquires into what Article 102 TFEU is about, what it can be about and what it should be about.

The book demonstrates that the separation of exploitative abuse from exclusionary abuse is artificial and unsound. It examines the roots of Article 102 TFEU and the historical context of the adoption of the Treaty, the case law, policy and literature on exploitative abuses and, where relevant, on exclusionary abuses.

The book investigates potential objectives, such as fairness and welfare, as well as potential conflict between such objectives. Finally, it critically assesses the European Commission's modernisation of Article 102 TFEU, before proposing a reformed approach to 'abuse' which is centred on three necessary and sufficient conditions: exploitation, exclusion and a lack of an increase in efficiency.

Subjects:
Competition Law, Law and Economics
Contents:
PART I THEORETICAL AND HISTORICAL FOUNDATIONS
1. WELFARE AND OBJECTIVES OF COMPETITION LAW AND POLICY
2. THE HISTORICAL ROOTS OF ARTICLE 102 TFEU

PART II TWO POTENTIAL OBJECTIVES: 'WELFARE' AND 'FAIRNESS'
3. WELFARE IN ARTICLE 102 TFEU
4. 'FAIRNESS' IN ARTICLE 102 TFEU

PART III CONFLICTING OBJECTIVES IN PRACTICE: TWO CASE STUDIES
5. A CASE STUDY ON 'FAIRNESS' VERSUS 'WELFARE': 'UNFAIR PRICING' AS AN ABUSE
6. A CASE STUDY ON 'FAIRNESS' VERSUS 'WELFARE': 'DISCRIMINATION' AS AN ABUSE :

PART IV MODERNISING THE APPROACH TO 'ABUSE'
7. THE 'REFORMED' APPROACH TO 'ABUSE'
8. A NEW APPROACH TO 'ABUSE' CONCLUSION