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Economic Analysis in EU Competition Policy: Recent Trends at the National and EU Level

Edited by: Pier Luigi Parcu, Giorgio Monti, Marco Botta

ISBN13: 9781800370180
To be Published: December 2021
Publisher: Edward Elgar Publishing Limited
Country of Publication: UK
Format: Hardback
Price: £110.00

This insightful book assesses emerging trends in the role of economic analysis in EU competition policy, exploring how it has substantially increased in terms of both theories and methods.

Expert contributors examine the jurisprudence of the EU Court of Justice, which has become more supportive of effect-based analysis in EU competition policy. Chapters consider key topics including the role of economic analysis in relation to defining the relevant market, the challenges of competition policy enforcement in the telecom and digital markets, and economic methods to estimate damages in cases of private enforcement of EU competition law. The book also discusses the challenges faced by judges in reviewing the economic evidence relied on by competition agencies in their decisions and how these may be overcome.

Providing a comparative analysis of EU competition policy at both the EU and national levels, this book will be a valuable resource for scholars and students of EU competition policy. It will also be beneficial for practitioners specialising in competition law and economics.

Competition Law, EU Law
List of abbreviations
1. Introduction: From the legalistic to the effect-based approach in EU competition policy
Pier Luigi Parcu, Giorgio Monti and Marco Botta
2. The operation of the more economic approach after Intel and Generics
Giorgio Monti
3. The effect-based approach after Intel: A law and economics perspective
Ginevra Bruzzone
4. The kinetic rise and potential fall of market definition
Timothy Brennan
5. Current issues in defining relevant antitrust markets: data, digitalization and innovation
Viktoria HSE Robertson
6. Digital markets and implications for competition policy: Evidence from recent economic analysis
Roberto Alimonti, Bertram Neurohr and Helen Ralston
7. Margin squeeze: guiding principles and the state of the debate in Europe
Pietro Crocioni
8. A practitioner’s guide to quantifying damage
Frank P Maier-Rigaud and Philipp C Heller
9. The Passing-on principle in EU private antitrust enforcement: A policy at war with itself?
Pier Luigi Parcu and Maria Alessandra Rossi
10. The effectiveness of judicial review of decisions of the Italian Competition Authority in the Aftermath of the
Damages Directive
Rosa Perna
11. Economic evidence in Dutch administrative law: A judge’s perspective
Henk Jaap Albers