Competition Effects And Predictability

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Competition, Effects and Predictability

Author : Bruce Wardhaugh
Publisher : Bloomsbury Publishing
ISBN 13 : 1509926097
Total Pages : 269 pages
Book Rating : 4.5/5 (99 download)

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Book Synopsis Competition, Effects and Predictability by : Bruce Wardhaugh

Download or read book Competition, Effects and Predictability written by Bruce Wardhaugh and published by Bloomsbury Publishing. This book was released on 2020-04-16 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the US and EU, legal analysis in competition cases is conducted on a case-by-case approach. This approach assesses each particular practice for both its legality and its welfare effects. While this analytic method has the merits of 'getting the result right' by, inter alia, reducing error costs in antitrust adjudication, it comes at a cost of certainty, predictability and clarity in the legal principles which govern antitrust law. This is a rule of law concern. This is the first book to explore this tension between Europe's 'More Economic Approach', the US's Rule of Reason, and the Rule of Law. The tension manifests itself in the assumptions in and choice of analytic method; the institutional agents driving this effects based approach and their competency to use and assess the results of the methodology they demand; and, the nature and stability of the legal principles used in modern effects-based competition analysis. The book forcefully argues that this approach to competition law represents a threat to the rule of law. Competition, Effects and Predictability will be of interest to European and American competition law scholars and practitioners, legal historians, policy makers and members of the judiciary.

Competition, Effects and Predictability

Author : Bruce Wardhaugh
Publisher : Bloomsbury Publishing
ISBN 13 : 1509926070
Total Pages : 269 pages
Book Rating : 4.5/5 (99 download)

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Book Synopsis Competition, Effects and Predictability by : Bruce Wardhaugh

Ten years of effects- Based approach in EU competition law

Author : Jacques Bourgeois
Publisher : Primento
ISBN 13 : 2802738828
Total Pages : 284 pages
Book Rating : 4.8/5 (27 download)

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Book Synopsis Ten years of effects- Based approach in EU competition law by : Jacques Bourgeois

Download or read book Ten years of effects- Based approach in EU competition law written by Jacques Bourgeois and published by Primento. This book was released on 2012-12-10 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the key components of the modernization of competition rules has been a radical departure from the previous «form-based» enforcement to a so-called «effects-based» approach. Taking stock of ten years of experience under this new policy, the present book analyses the changes brought about, as well as the practical problems encountered in its day-to-day application, be it by competition law enforcers, judges or practitioners. This book compiles the reports prepared for the 2011 Annual Conference of the Global Competition Law Centre (“GCLC”). Each and every chapter of this volume formulates concrete proposals as to how the system can be clarified or even improved. The focus is not only on the enforcement of Articles 101 and 102 TFEU, but also in the file of merger control. Attempts are made to define more precisely the boundaries between anticompetitive object and effect, and to develop adequate safe harbours and presumptions. This book also casts a closer look at the analytical framework, possible theories of harm, evidence and defences. Overall the objective is to reconcile as best as possible law and economics, and to see how the goal to achieve the “right decision” in terms of economic outcome can be combined with the legitimate need for legal certainty.

Fidelity Rebates in Competition Law

Author : Miroslava Marinova
Publisher : Kluwer Law International B.V.
ISBN 13 : 9403505710
Total Pages : 277 pages
Book Rating : 4.4/5 (35 download)

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Book Synopsis Fidelity Rebates in Competition Law by : Miroslava Marinova

Download or read book Fidelity Rebates in Competition Law written by Miroslava Marinova and published by Kluwer Law International B.V.. This book was released on 2018-11-07 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the treatment of fdelity rebates as one of the most controversial topics in EU competition law. The controversy arose from the lack of clarity as to how to distinguish between rebates that constitute a legitimate business practice and those that might have anticompetitive e?ects, as the same type of rebates could be pro-competitive or anticompetitive depending on their e?ects on competition. This book clarifes the appropriate treatment of fdelity rebates under EU competition law by o?ering original insights on the way in which abusive rebates should be identifed, taking into account the wealth of EU case law in this area, the economics' literature and the perspective of US antitrust law. The critical discussion on the case law is centred on the idea as to whether the as efcient competitor (AEC) test is an important part of the assessment of fdelity rebates and in which circumstances it could be used as one tool among others. The analysis treats such issues and topics as the following: – What motivated the EU Courts to treat fdelity rebates as illegal ‘by object'? – Why has this case law drawn so much criticism from academics and other commentators? – What can we learn from the economic theories of exclusive dealing and fdelity rebates, and whether the strict approach of the Courts can be supported by economic empirical studies? – What is the meaning attached to the notion of an ‘e?ects-based' approach as an expression of the reform of Article 102? – Why is the controversy regarding the treatment of fdelity rebates still a live issue after the Intel and the Post Danmark II judgments? – In which circumstances the price-cost test can be used as a reliable tool to distinguish between anticompetitive and pro-competitive fdelity rebates? – Can we evaluate the e?ect of fdelity rebates without necessarily carrying out a price-cost test? – Can we consider the AEC test as a single unifying test for all types of exclusionary abuses? – What can we learn about the application of the AEC test in fdelity rebate cases from the recent US case law? A concluding chapter provides an original perspective and also policy recommendations on how the abusive character of fdelity rebates should be assessed including an appropriate legal test that is administrable, creates predictability and legal certainty and minimises the risk of errors and the cost of those mistakes. This book takes a giant step towards improving the understanding of the legal treatment of fdelity rebates and understanding as to whether the treatment of fdelity rebates could be e?ects-based, without necessarily carrying out an AEC test. It will also contribute signifcantly to the practical work of enforcement agencies, courts and private entities and their advisors. book's parallel study of US and EU competition law.

Competition Law

Author : Richard|Bailey Whish (David)
Publisher : Oxford University Press
ISBN 13 : 0198906056
Total Pages : 1269 pages
Book Rating : 4.1/5 (989 download)

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Book Synopsis Competition Law by : Richard|Bailey Whish (David)

Download or read book Competition Law written by Richard|Bailey Whish (David) and published by Oxford University Press. This book was released on 2024 with total page 1269 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Regulating Competition in Stock Markets

Author : Lawrence R. Klein
Publisher : John Wiley & Sons
ISBN 13 : 1118236866
Total Pages : 403 pages
Book Rating : 4.1/5 (182 download)

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Book Synopsis Regulating Competition in Stock Markets by : Lawrence R. Klein

Download or read book Regulating Competition in Stock Markets written by Lawrence R. Klein and published by John Wiley & Sons. This book was released on 2012-04-25 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide to curbing monopoly power in stock markets Engaging and informative, Regulating Competition in Stock Markets skillfully analyzes the impact of the recent global financial crisis on health and happiness, and uses this opportunity to put regulatory systems in perspective. Happiness is lost because of emotional and physical health deterioration resulting from the crisis. Therefore, the authors conclude that financial crisis prevention should be the focus of public policy. This book is the most comprehensive study so far on potential risks to the stock market, especially various forms of market manipulation that lead to mania and eventual crisis. Based on litigation cases from international stock markets, and borrowing multidisciplinary findings in the fields of finance, economics, accounting, media studies, criminology, legal studies, psychology, and medicine, this book is the first to provide thorough micro-level regulatory proposals rooted in financial reality. By focusing on securities trading, they apply antitrust measures to limiting monopolistic power that is used for the manipulation of investors' perception and monopolistic profit. These proposals are quantifiable, adjustable, inexpensive, and can be easily implemented by any securities regulating agency for real-time oversight and daily operations. The recommendations found here are intended to improve the fairness and transparency of the financial markets, thereby perfecting the market competition, protecting investors, stabilizing the market, and preventing crises Explores how avoiding crises can to contribute to a more scientific, health aware, and civilized economic and social development Written by a team of authors who have extensive experience in this dynamic field, including Nobel Laureate Lawrence R. Klein Since the founding of the first, organized stock exchange in Amsterdam 400 years ago, no systematic economic research results on stock markets have been implemented in stock market regulation around the world. Regulating Competition in Stock Markets aims to fill this void.

Laboratory Phonology 10

Author : Cécile Fougeron
Publisher : Walter de Gruyter
ISBN 13 : 3110224917
Total Pages : 811 pages
Book Rating : 4.1/5 (12 download)

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Book Synopsis Laboratory Phonology 10 by : Cécile Fougeron

Download or read book Laboratory Phonology 10 written by Cécile Fougeron and published by Walter de Gruyter. This book was released on 2010-08-31 with total page 811 pages. Available in PDF, EPUB and Kindle. Book excerpt: The present volume contains a selection of the papers and commentaries which were originally presented at the Tenth Conference of Laboratory Phonology (LabPhon10) held in Paris from June 29 to July 1, 2006. The theme of the volume is Variation, Phonetic Detail and Phonological Representation. It brings together specialists of different fields of speech research with the goal to discuss the relevance of patterns of variation and phonetic details on phonological representations and theories. The topic is addressed from the angles of speech production, perception, acquisition, speech disorders, and language universals. The contributions are grouped thematically in five sections, each of which is commented by invited discussants. Section I contains the contributions to the special '10th anniversary session' of the conference which represent in a prototypical way some of the different research questions that have been at the core of important debates over the last 20 years in the laboratory phonology community. Issues of phonological universals and language typology are addressed in section II. In section III, the notions of variation and phonetic detail are examined with regard to how they are acquired and dealt with in the formation of phonological representation in emerging systems. Section IV focuses on recent work at the crossroad between normal and disordered speech.

Meaning Predictability in Word Formation

Author : Pavol tekauer
Publisher : John Benjamins Publishing
ISBN 13 : 9027294569
Total Pages : 313 pages
Book Rating : 4.0/5 (272 download)

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Book Synopsis Meaning Predictability in Word Formation by : Pavol tekauer

Download or read book Meaning Predictability in Word Formation written by Pavol tekauer and published by John Benjamins Publishing. This book was released on 2005-03-18 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to contribute to a growing interest amongst psycholinguists and morphologists in the mechanisms of meaning predictability. It presents a brand-new model of the meaning-prediction of novel, context-free naming units, relating the wordformation and wordinterpretation processes. Unlike previous studies, mostly focussed on N+N compounds, the scope of this book is much wider. It not only covers all types of complex words, but also discusses a whole range of predictability-boosting and -reducing conditions. Two measures are introduced, the Predictability Rate and the Objectified Predictability Rate, in order to compare the strength of predictable readings both within a word and relative to the most predictable readings of other coinages. Four extensive experiments indicate inter alia the equal predicting capacity of native and non-native speakers, the close interconnection between linguistic and extra-linguistic factors, the important role of prototypical semes, and the usual dominance of a single central reading.

New Developments in Competition Law and Economics

Author : Klaus Mathis
Publisher : Springer
ISBN 13 : 3030116115
Total Pages : 358 pages
Book Rating : 4.0/5 (31 download)

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Book Synopsis New Developments in Competition Law and Economics by : Klaus Mathis

Download or read book New Developments in Competition Law and Economics written by Klaus Mathis and published by Springer. This book was released on 2019-03-18 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book further develops both the traditional and the behavioural approach to competition law, and applies these approaches to a variety of timely issues. It discusses several fundamental questions regarding competition law and economics, and explores the applications of competition law and economics. In turn, the book analyses the interplay of intellectual property rights and patents in various aspects of competition law, and investigates the impacts that developments in information technology, such as big data analytics, have on competition law. The book also discusses the impact of energy law reforms on energy markets from a competition law perspective. Competition law is a classic field of economic analysis. This is largely due to the fact that competition law uses terms such as market, price, and competition and must therefore rely on economic know-how and analyses. In the United States, economic analysis has greatly influenced not just the scholarship on antitrust law, but also judicial decisions and agency enforcement. Antitrust law and economics are based on the traditional paradigm of neoclassical economics, which relies on the assumption that the market players, i.e. consumers and producers, are rational. This approach to competition law was later received in Europe under the banner of a “more economic approach”. For the past two decades, behavioural law and economics, which seeks to generate better insights into legal phenomena by providing more realistic psychological foundations for economic models, and to offer a multitude of applications in legislation and legal adjudication, has challenged the traditional economic approach to law in general and, more recently, to competition law specifically.

Do Lunch Or be Lunch

Author : Howard H. Stevenson
Publisher : H B S Press
ISBN 13 : 9780875847979
Total Pages : 294 pages
Book Rating : 4.8/5 (479 download)

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Book Synopsis Do Lunch Or be Lunch by : Howard H. Stevenson

Download or read book Do Lunch Or be Lunch written by Howard H. Stevenson and published by H B S Press. This book was released on 1998 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explains how to refine predictive skills, make decisions, measure risk, understand conflict, and improve human interactions

The Handbook of Psycholinguistics

Author : Eva M. Fernández
Publisher : John Wiley & Sons
ISBN 13 : 1119096529
Total Pages : 784 pages
Book Rating : 4.1/5 (19 download)

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Book Synopsis The Handbook of Psycholinguistics by : Eva M. Fernández

Download or read book The Handbook of Psycholinguistics written by Eva M. Fernández and published by John Wiley & Sons. This book was released on 2020-10-27 with total page 784 pages. Available in PDF, EPUB and Kindle. Book excerpt: Incorporating approaches from linguistics and psychology, The Handbook of Psycholinguistics explores language processing and language acquisition from an array of perspectives and features cutting edge research from cognitive science, neuroscience, and other related fields. The Handbook provides readers with a comprehensive review of the current state of the field, with an emphasis on research trends most likely to determine the shape of psycholinguistics in the years ahead. The chapters are organized into three parts, corresponding to the major areas of psycholinguists: production, comprehension, and acquisition. The collection of chapters, written by a team of international scholars, incorporates multilingual populations and neurolinguistic dimensions. Each of the three sections also features an overview chapter in which readers are introduced to the different theoretical perspectives guiding research in the area covered in that section. Timely, comprehensive, and authoritative, The Handbook of Psycholinguistics is a valuable addition to the reference shelves of researchers in psychology, linguistics, and cognitive science, as well as advanced undergraduates and graduate students interested in how language works in the human mind and how language is acquired.

The Cambridge Handbook of Competition Law Sanctions

Author : Tihamer Tóth
Publisher :
ISBN 13 : 1108831710
Total Pages : 769 pages
Book Rating : 4.1/5 (88 download)

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Book Synopsis The Cambridge Handbook of Competition Law Sanctions by : Tihamer Tóth

Download or read book The Cambridge Handbook of Competition Law Sanctions written by Tihamer Tóth and published by . This book was released on 2022-06-23 with total page 769 pages. Available in PDF, EPUB and Kindle. Book excerpt: A unique comparison of the theory and practice of corporate and individual sanctions applied in competition law across five continents.

Maternal Effects As Adaptations

Author : Timothy A. Mousseau
Publisher : Oxford University Press
ISBN 13 : 0195344405
Total Pages : 390 pages
Book Rating : 4.1/5 (953 download)

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Book Synopsis Maternal Effects As Adaptations by : Timothy A. Mousseau

Download or read book Maternal Effects As Adaptations written by Timothy A. Mousseau and published by Oxford University Press. This book was released on 1998-06-18 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mothers have the ability to profoundly affect the quality of their offspring--from the size and quality of their eggs to where, when, and how eggs and young are placed, and from providing for and protecting developing young to choosing a mate. In many instances, these maternal effects may be the single most important contributor to variation in offspring fitness. This book explores the wide variety of maternal effects that have evolved in plants and animals as mechanisms of adaptation to temporally and spatially heterogeneous environments. Topics range from the evolutionary implications of maternal effects to the assessment and measurement of maternal effects. Four detailed case studies are also included. This book represents the first synthesis of the current state of knowledge concerning the evolution of maternal effects and their adaptive significance.

Making European Merger Policy More Predictable

Author : Stefan Voigt
Publisher : Springer Science & Business Media
ISBN 13 : 1402030908
Total Pages : 200 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Making European Merger Policy More Predictable by : Stefan Voigt

Download or read book Making European Merger Policy More Predictable written by Stefan Voigt and published by Springer Science & Business Media. This book was released on 2005-10-24 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Making European Merger Policy More Predictable analyses European Merger Control with regard to its capacity to generate predictability among the concerned parties. Starting from the premise that predictability is of overwhelming importance for the functioning of market economies, Voigt and Schmidt ask to what degree European Merger Control has been predictable over the last couple of years. The authors show both theoretically and empirically that there have been serious shortcomings with regard to the predictability of competition policy. They identify the insufficient recognition of the consequences of globalization on the competitive processes as well as an often inconsistent application of economic theory as the root causes for the lack of predictability. The inconsistent application of economic theory is particularly relevant with regard to potential competition and the evaluation of collective dominance. The authors generate a substantial number of proposals that could help to improve predictability. On this basis, Voigt and Schmidt critically assess the recent reforms of European Merger Control.

Identifying Exclusionary Abuses by Dominant Undertakings Under EU Competition Law

Author : Eirik Østerud
Publisher : Kluwer Law International B.V.
ISBN 13 : 9041132716
Total Pages : 370 pages
Book Rating : 4.0/5 (411 download)

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Book Synopsis Identifying Exclusionary Abuses by Dominant Undertakings Under EU Competition Law by : Eirik Østerud

Download or read book Identifying Exclusionary Abuses by Dominant Undertakings Under EU Competition Law written by Eirik Østerud and published by Kluwer Law International B.V.. This book was released on 2010-01-01 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author also contrasts the Commission's decisional practice with the case law, assesses approaches under U.S. antitrust law to similar forms of conduct, and incorporates insights from economic theory. --

The Notion of Restriction of Competition

Author : Damien Gerard
Publisher : Bruylant
ISBN 13 : 2802757555
Total Pages : 336 pages
Book Rating : 4.8/5 (27 download)

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Book Synopsis The Notion of Restriction of Competition by : Damien Gerard

Download or read book The Notion of Restriction of Competition written by Damien Gerard and published by Bruylant. This book was released on 2017-03-16 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: The transformations induced by the process of “modernisation”, including in its substantive dimension, as well as recent judgments by the EU Courts, have left many lawyers and economists wary as to the standards actually governing findings of antitrust infringement under EU competition law, thereby affecting their ability to advise businesses effectively on the design of their commercial practices. While not ignoring institutional constraints, this volume revisits the notion of restriction of competition in the framework of Articles 101 and 102 TFEU with a view to taking stock of recent developments, to identifying common trends and to informing the application of core EU antitrust principles in current market contexts. Associating lawyers and economists, practitioners and academics, it seeks both to revisit long-standing theories of harm to competition and to explore novel forms of antitrust concerns.

The Design of Competition Law Institutions

Author : Eleanor M Fox
Publisher : Oxford University Press
ISBN 13 : 0199670048
Total Pages : 518 pages
Book Rating : 4.1/5 (996 download)

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Book Synopsis The Design of Competition Law Institutions by : Eleanor M Fox

Download or read book The Design of Competition Law Institutions written by Eleanor M Fox and published by Oxford University Press. This book was released on 2013 with total page 518 pages. Available in PDF, EPUB and Kindle. Book excerpt: Significant power is exercised through webs created between different systems of national law, influenced by governments but also by transnational actors such as global corporations and transnational NGOs, and often with an overlay of formal international law or of substantial influence from international institutions. Studying the procedures used by competition institutions (dealing with specific cases concerning monopolies, mergers, anti-competitive practices) this volumes uses a template to study practices of many national institutions and the EU, and examines the interactions among these and with prescriptions of influential international bodies. Together these form a web, with existing procedural rules and practices in a particular institution criticized and alternatives championed and transmitted partly by prescription and partly by arguments of major global law firms, of global corporations, and of consultants dispatched by the ICN and other agencies. This whole process, examined for the first time in this book, is the real global governance of the procedural law and practices of market supervision under competition rules. Delving deeply into their jurisdictions and internationally, the contributors illuminate the inner workings of the systems and expose the procedure, process, and performance norms embedded within. Case studies are drawn from Australia, Canada, Chile, China, Japan, South Africa, the USA, and the EU, as well as four leading international institutions involved in antitrust, the World Trade Organization, the Organization for Economic Cooperation and Development, the United Nations Conference on Trade and Development, and the International Competition Network. The results reveal a convergence of these norms across the very different systems, a procedural norms convergence that offers a necessary counterpart to studies on substantive rule convergence. These results provide benchmarks for the field, suggest possibilities for future development, and offer lessons for all interested in competition law and global governance.