Macroeconomic Effects Of Eu Competition Policy

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Ex Post Economic Evaluation of Competition Policy

Author : Fabienne Ilzkovitz
Publisher : Kluwer Law International B.V.
ISBN 13 : 9403512822
Total Pages : 546 pages
Book Rating : 4.4/5 (35 download)

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Book Synopsis Ex Post Economic Evaluation of Competition Policy by : Fabienne Ilzkovitz

Download or read book Ex Post Economic Evaluation of Competition Policy written by Fabienne Ilzkovitz and published by Kluwer Law International B.V.. This book was released on 2020-05-18 with total page 546 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competition authorities are increasingly interested in understanding the impact of their activities on markets and consumers. The goal is to improve competition policy rules and decision-making practices and to get robust evidence on the benefits of competition and competition policy for society as a whole. Discussions with competition authorities, practitioners and academics have shown the need to take stock of the experience gained in this field by the European Commission and to present it in an easily accessible way. The studies collected in this volume – prepared by senior Commission officials and competition policy experts – range from the ex post evaluation of specific policy interventions to the assessment of the broader impact of competition policy. The issues and topics examined include the following: objectives and scope of evaluations by the European Commission; description of counterfactual evaluation techniques used; conditions for a successful ex post evaluation of a competition policy intervention; a wide selection of individual cases covering a variety of economic sectors; applications in merger control, antitrust and State aid; direct benefits of competition policy interventions for consumers; deterrent effects of such interventions on market participants; and macroeconomic outcomes in terms of job creation, productivity and GDP growth. This matchless book assembles within a single volume all that is needed for competition policy analysts and practitioners to undertake ex post economic evaluations. While its collection of state-of-the-art ex post evaluation studies has a clear value for competition authorities, it is sure to be welcomed as well by competition law practitioners in the private sector, who will greatly appreciate the effort made to cast a critical eye on decisions taken in the past. Moreover, it allows for addressing some of the new challenges facing competition policymakers. Fabienne Ilzkovitz is Principal Advisor responsible for the economic evaluation of competition policy within the Directorate-General for Competition of the European Commission, and since 2014, she has coordinated various ex post evaluation projects in the Directorate-General. She is also Associate Professor of Economics in the Solvay Brussels School of Economics and Management at the Université Libre de Bruxelles, Belgium. Adriaan Dierx is Senior Expert on ex post economic evaluation within the Directorate-General for Competition of the European Commission. He has managed a number of studies aimed at assessing the economic impact of the European Commission’s competition policy interventions.

Economic Analysis in EU Competition Policy

Author : Parcu, Pier L.
Publisher : Edward Elgar Publishing
ISBN 13 : 1800370199
Total Pages : 320 pages
Book Rating : 4.8/5 (3 download)

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Book Synopsis Economic Analysis in EU Competition Policy by : Parcu, Pier L.

Download or read book Economic Analysis in EU Competition Policy written by Parcu, Pier L. and published by Edward Elgar Publishing. This book was released on 2021-12-10 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Macroeconomic Effects of EU Competition Policy

Author : Carlos Merino
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Macroeconomic Effects of EU Competition Policy by : Carlos Merino

Download or read book Macroeconomic Effects of EU Competition Policy written by Carlos Merino and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: I estimate the macroeconomic impact of competition policy to deter collusion and merger control in the EU using a dynamic macroeconomic model as done by Dierx et al. I then estimate the impact of competition policy using another macroeconomic model that includes Central Bank quantitative easing policies [4]. When these are included the effects on GDP growth are higher.

Competition Policy Analysis

Author : Kai Hüschelrath
Publisher : Springer Science & Business Media
ISBN 13 : 3790820903
Total Pages : 532 pages
Book Rating : 4.7/5 (98 download)

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Book Synopsis Competition Policy Analysis by : Kai Hüschelrath

Download or read book Competition Policy Analysis written by Kai Hüschelrath and published by Springer Science & Business Media. This book was released on 2008-09-08 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competition policy is an integral and prominent part of economic policy-making in the European Union. The EU Treaty prescribes its member states to conduct economic policy ‘in accordance with the principle of an open market economy with free competition’. More precisely, the goal of EU competition policy is “to defend and develop effective competition in the common market” (European Commission, 2000: 7). Under its Commissioners van Miert, Monti and, most - cently, Kroes the EU Commission has stepped up its effort to pursue and achieve the aforementioned goal. A number of so-called hard-core cartels, such as the - torious “vitamin cartel” led by Roche, have been detected, tried in violation of Art. 81 of the Maastricht Accord and punished with severe fines. Also Microsoft was hit hard by the strong hand of the Commission having been severely fined for - ploiting a dominant market position. Economic analysis has been playing an increasingly significant role in the Commission’s examination of competition law cases. This holds true in particular for merger control. Here, however, the Commission has had to accept some poi- ant defeats in court, such as the Court’s reversals of Airtours-First Choice or GE- Honeywell. Among other things, the European Court of Justice found the e- nomic analysis as conducted by the EU’s Directorate General for Competition to be flawed and the conclusions drawn not to be convincing. These rejections by the courts have stirred up the scholarly debate on the conceptual foundations of Eu- pean competition policy.

The Role of Economic Analysis in EU Competition Law: the European School, Fourth Edition

Author : Doris Hildebrand
Publisher : International Competition Law
ISBN 13 : 9789041162458
Total Pages : 554 pages
Book Rating : 4.1/5 (624 download)

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Book Synopsis The Role of Economic Analysis in EU Competition Law: the European School, Fourth Edition by : Doris Hildebrand

Download or read book The Role of Economic Analysis in EU Competition Law: the European School, Fourth Edition written by Doris Hildebrand and published by International Competition Law. This book was released on 2016 with total page 554 pages. Available in PDF, EPUB and Kindle. Book excerpt: International Competition Law Series Volume 66 The Role of Economic Analysis in EU Competition Law, Fourth Edtionand in its revised and updated fourth edition, explores the full spectrum of the development of European economic approach in competition law. Almost two decades after the arrival of the and‘more economics based approachand’ to EU competition law, this economic school of thought, the European School, has been properly defined and is now in general used among competition law practitioners and their government counterparts. This approach, studied by Doris Hildebrand since the first edition of this now-classic work, implements the European cornerstones of the social market economy concept such as freedom of contract, social fairness, and the equality principle. In this edition, the author uncovers its multiple rationales as it has gradually formulated the legal principles of and‘competition economicsand’ that have come to underlie all matters related to Article 101 (1), Article 101 (3), Article 102, the Merger Regulation, and the State Aid provisions. As in previous editions, the bookand’s interdisciplinary approach integrates law and economics in such a way that economics in competition proceedings becomes easier to understand for lawyers not trained in economic theory or economic school of thoughts. It offers an in-depth description of and‘European Schooland’ theories and applications, particularly with respect to vertical and horizontal agreements. In addition, the book provides solid guidance on the definition of the relevant antitrust markets, with a detailed description of the hypothetical monopolist test. Whatand’s in this book: Among the fundamental elements discussed are the following: application of economics in the competition test as developed by the EU Courts; concrete economic analysis companies need to perform in order to qualify for an exemption; test procedures to assess whether a certain behaviour constitutes an abuse under Article 82; various methodologies to define markets; contrasting the European and Chicago schools; practical implementation of the EU social market economy objective in EU competition law; workable competition vs. effective competition; changes in the enforcement system; use of evidence in market definition practice; State Aid provisions; and empirical techniques used to evaluate a merger. All significant cases contributory to the development of European competition economics are discussed and analysed in detail. and‘The Frameand’, the first chapter that has been included in this edition, clearly demonstrates all the ways in which EU competition policy represents an essential foundation of the EU. Moreover and‘The Frameand’ elaborates that the social market economy objective as defined in the Lisbon Treaty is, from the economic perspective, the appropriate benchmark in any EU competition law assessment. This benchmark requires a holistic approach by taking into account and‘utilitiesand’ of EU citizens instead of focusing on price elements only. How will this help you: This new updated and revised edition has been greatly anticipated and will be widely welcomed. The book helps to develop expertise in applying the and‘more economics based approachand’ by citing the relevant case law. Competition lawyers, corporate in-house counsel, competition authorities, and courts will appreciate the bookand’s clear, understandable discussion of the relevant European competition theory, authoritative guidance on the application of economic analysis, and practical insight in dealing with these subjects in real-world cases. and

Modelling the Macroeconomic Impact of Competition Policy

Author :
Publisher :
ISBN 13 : 9789268034590
Total Pages : 0 pages
Book Rating : 4.0/5 (345 download)

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Book Synopsis Modelling the Macroeconomic Impact of Competition Policy by :

Download or read book Modelling the Macroeconomic Impact of Competition Policy written by and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report models and analyses various aspects of the macroeconomic impact of competition policy interventions by the European Commission over the period 2012-2021. Based on information provided by the Directorate-General for Competition (DG COMP) on its merger interventions, cartel prohibitions and other antitrust interventions, the Joint Research Centre (JRC) has used two models to simulate the macroeconomic impact of such interventions: the QUEST III macro-model of the EU economy, which was developed by the Directorate-General for Economic and Financial Affairs (DG ECFIN) for assessing the impact of EU policies, and an EU-wide input-output model, which allows for an investigation of the sectoral differentiation and spill-over effects of competition policy interventions. The simulation carried out in QUEST III allows to evaluate the impact of competition policy enforcement on economy-wide measures of performance such as GDP, employment, prices and productivity. The impact includes the direct price effects of the Commission's competition policy interventions (as captured by the annual customer savings calculations) as well as the indirect, deterrent effects of these interventions. This report updates and improves the model simulation published in the previous edition (European Commission, 2022b) along several dimensions. First, it includes the straightforward update of results with the competition interventions by the Commission in 2021. Similar to 2020, the year 2021 is characterised by a relatively low number of interventions. Second, it includes improved data on the Commission's antitrust and cartel interventions for the period 2012-2021. Third, it includes a new approach to assess the deterrent effects of competition policy interventions based on models used to describe the diffusion of information (using the Bass model). The new simulation results suggest a 1.17 percentage point reduction in markups (as measured by the Lerner index) resulting from the Commission's competition policy interventions. This reduction in mark-ups, applied to a (calibrated) mark-up level of 13.56 percent in the steady-state of the QUEST III model, triggers an increase of real GDP relative to the baseline in the range of 0.6% - 1.1% in the medium to long term (the equivalent of an uplift of EUR 80 - 150 billion in 2019 GDP), as well as a 0.3% - 0.7% reduction in the price level. All the main components of aggregate demand increase. More specifically, after 5 years, the results suggest an increase in consumption (0.5%) and investment (1.1%) despite the decline in profits associated with the negative markup shock. Investment is increasing because the negative direct effect of markups on future profitability is more than offset by the positive effect of the increasing demand due to the lower prices.

Cases in European Competition Policy

Author : Bruce Lyons
Publisher : Cambridge University Press
ISBN 13 : 052188604X
Total Pages : 513 pages
Book Rating : 4.5/5 (218 download)

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Book Synopsis Cases in European Competition Policy by : Bruce Lyons

Download or read book Cases in European Competition Policy written by Bruce Lyons and published by Cambridge University Press. This book was released on 2009-08-27 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competition between firms is usually the most effective way of delivering economic efficiency and what consumers want. However, there is a balance to be struck. Firms must not be over-regulated and so hampered in their development of innovative products and new strategies to compete for customers. Nor must they be completely free to satisfy a natural preference for monopoly, which would give them higher profits and a quieter life. The economic role of competition policy (control of anticompetitive agreements, mergers and abusive practices) is to maintain this balance, and an effective policy requires a nuanced understanding of the economics of industrial organization. Cases in European Competition Policy demonstrates how economics is used (and sometimes abused) in competition cases in practical competition policy across Europe. Each chapter summarizes a real case investigated by the European Commission or a national authority, and provides a critique of key aspects of the economic analysis.

The Politics of European Competition Regulation

Author : Hubert Buch-Hansen
Publisher : Routledge
ISBN 13 : 1136808922
Total Pages : 232 pages
Book Rating : 4.1/5 (368 download)

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Book Synopsis The Politics of European Competition Regulation by : Hubert Buch-Hansen

Download or read book The Politics of European Competition Regulation written by Hubert Buch-Hansen and published by Routledge. This book was released on 2011-03-07 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Politics of European Competition Regulation provides an original and theoretically informed account of the political power struggles that have shaped the evolution of European competition regulation over the past six decades. Applying a critical political economy perspective, this book analyses the establishment and development of competition regulation at European Community and national level since the 1950s. It puts forth the central argument that competition regulation came to reflect the broader shift towards a neoliberal order since the 1980s. Buch-Hansen and Wigger argue that this shift, which took place against the background of the gradual transnationalisation of capitalist production and the economic crisis of the late 1970s, was driven by the European Commission in alliance with the emerging transnational capitalist class. The authors examine the political responses to the current global economic crisis in the fields of state aid, cartel prosecution and merger control and conclude that an alternative type of competition regulation, which forms part of a much broader transformation of the current socioeconomic order, is needed. This book will be of interest to students and scholars of (global) political economy, European integration and competition law.

Modelling the Macroeconomic Impact of Competition Policy

Author :
Publisher :
ISBN 13 : 9789276479772
Total Pages : pages
Book Rating : 4.4/5 (797 download)

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Book Synopsis Modelling the Macroeconomic Impact of Competition Policy by :

Download or read book Modelling the Macroeconomic Impact of Competition Policy written by and published by . This book was released on 2022 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides an update of the macro-model simulations of the impact of the competition policy interventions of the European Commission over the period 2012-2020. The novelties of this year's report include the transition from EU28 to EU27, the inclusion of preliminary data on antitrust enforcement for the period 2012-2020, and the regular update with data for the year 2020 on merger interventions and cartel prohibitions. The year 2020 saw a relatively small total number of interventions, but the 25 interventions included four merger interventions with affected markets of substantial size. Taken together, 2020 was an 'average' year in terms of the macroeconomic impact of the Commission's activities. The report presents the results of the macroeconomic impact of competition policy interventions by the European Commission using the QUEST III macro-model of the EU economy and an EU-wide input-output model. The simulations make use of the information provided by DG Competition on the European Commission's merger interventions and cartel prohibitions as well as preliminary data on antitrust interventions other than cartels. The simulations carried out in QUEST III illustrate that competition policy has a positive impact on GDP of 0.37% in the medium term. This impact includes the direct price effects (as captured by the customer savings calculations) as well as the indirect, deterrent effects of the Commission's competition policy interventions. The difference between the five-year GDP impact of 0.37% reported here and the 0.27% reported in last year's report can be explained by three factors: (1) the transition from the EU-28 to the EU-27 due to Brexit; (2) the impact of the Commission's antitrust interventions (in the report of the previous year, only merger interventions and cartel prohibitions were considered); and (3) the effect of the Commission's competition policy interventions of 2020. Similarly, the calculations carried out using the input-output framework suggest that, on average over the period 2012-2020, competition policy enforcement has reduced the EU's overall price level by 0.63 percentage points, including both within-sector and cross-sector spill-over effects. Industries with many important downstream links (i.e. those that sit higher up in supply chains) tend to produce stronger spill-over effects than industries with few downstream connections (i.e. those that sell a large share of their output to final users). Activities with large spill-overs include finance, insurance and business services, resource extraction, the energy sector, basic manufacturing, and certain components of the transport network. Finally, the report presents new developments in data analysis and modelling, including in particular: (i) the on-going research on the assessment of the evolution of mark-ups in the EU; (ii) improvements in the mathematical approach chosen to model deterrence; and (iii) the possible correlation between mark-up levels and Commission interventions at the sector level. On this last point, the report finds that the Commission's competition policy interventions (excepting cartel prohibitions) tend to focus on industries with high mark-ups and concentration ratios.

Economic Evidence in EU Competition Law

Author : Mitja Kovač
Publisher :
ISBN 13 : 9781780687407
Total Pages : pages
Book Rating : 4.6/5 (874 download)

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Book Synopsis Economic Evidence in EU Competition Law by : Mitja Kovač

Download or read book Economic Evidence in EU Competition Law written by Mitja Kovač and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The use of economic theory and economic evidence in competition cases, their appropriate interpretation, meaning, impact, usefulness and validity are among the most challenging issues that judges and legal practitioners are facing in their daily decision-making. Notorious questions of, for example, how courts, practitioners and other decision-making bodies should employ economic evidence and what weight (and credibility) should be attached to such evidence where different experts offer different suggestions are among the most complex ones. This book, while addressing such questions, provides tools for judges, scholars and legal practitioners to employ economic evidence in a more effective, optimal and predictable way so as to overcome the identified, EU-wide obstacles in enforcing current EU competition law. This edited volume addresses the importance, implications, practices, problems and the role of economic evidence in EU competition law. It includes contributions on the use of the economic approach in the application and enforcement of EU competition law in different EU countries, candidate member states and third countries. The book features scholars who are experts in the field of competition law and economics as well as several of the most prominent European judges who provide first-hand information on the use of economic evidence in practice. The book is not limited to a particular subfield of competition law, but covers the area of competition law at large, including state aid. This reflects the fact that also the European Commission has gradually expanded the application of the economic approach to all areas of competition law. 'What role does economics play in cases of competition law? What role could it play? And what role should it play? But do scholarly experts and judges agree on these viewpoints? In this book an impressive variety of topics is covered and surprising insights are gained. Thus it really covers recent and partly controversial developments in the EU regarding the handling of competition law cases on a national as well as an EU level - something experts in the field must not miss. 'Wolfgang Weigel, Chair, The Joseph von Sonnenfels Center for the Study of Public Law and Economics and Department of Economics, University of Vienna' Economics is the study of scarcity. Law is the study of rights. Unfortunately, law and economics scholarship that is practical and focused on problems from the courtroom is scarce. This volume makes it right. It combines the legal experience of experts and judges in several European countries and the rigor of economics. The result is an indispensable tool for anyone interested in EU competition law. 'Shai Dothan, Associate Professor of International and Public Law, iCourts -the Centre of Excellence for International Courts, Faculty of Law, University of Copenhagen. 'The rapid growth and increasing importance of EU Competition Law have thrown up, in a context of decentralised interpretation and enforcement, questions of the extent to which economic theory and evidence should be employed by national authorities. This rich collection of essays provides diverse but also fascinating answers to those questions, ranging from the practical and pragmatic to the speculative and theoretical. It is all the more valuable because the authors are drawn from the judiciary as well as the academic world. Clearly the book is essential reading for all concerned with EU Competition Law. 'Anthony Ogus, Emeritus Professor of Law, Universities of Manchester and Rotterdam.

Conferences on New Political Economy

Author : Max Albert
Publisher :
ISBN 13 : 9783161565533
Total Pages : 0 pages
Book Rating : 4.5/5 (655 download)

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Book Synopsis Conferences on New Political Economy by : Max Albert

Download or read book Conferences on New Political Economy written by Max Albert and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past ten years, European competition policy has undergone dramatic change, largely inspired by the European Commission ́s move towards a more economics-based approach. A more economic approach to the application of competition law means that the assessment of each specific case will not be undertaken on the basis of the form or intrinsic nature of a particular practice but rather will be based on a careful examination and weighing of its anti- and pro-competitive effects. This move to an effects-based approach will lead itself to a rule of reason approach in antitrust proceedings, and efficiency as a goal of antitrust can be expected to play a more important role in the future. While economic reasoning is becoming increasingly common in the study of substantive antitrust, little attention has been devoted to procedural and enforcement issues. In this volume, economists and lawyers both from academia and practice investigate a number of basic questions concerning the law and economics of antitrust enforcement.

Global Competition Policy

Author : Edward Montgomery Graham
Publisher : Peterson Institute for International Economics
ISBN 13 :
Total Pages : 630 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Global Competition Policy by : Edward Montgomery Graham

Download or read book Global Competition Policy written by Edward Montgomery Graham and published by Peterson Institute for International Economics. This book was released on 1997 with total page 630 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is growing consensus among international trade negotiators and policymakers that a prime area for future multilateral discussion is competition policy. Competition policy includes antitrust policy (including merger regulation and control) but is often extended to include international trade measures and other policies that affect the structure, conduct, and performance of individual industries. This study includes country studies of competition policy in Western Europe, North America, and the Far East (with a focus on Japan) in the light of increasingly globalized activities of business firms. Areas where there are major differences in philosophy, policy, or practice are identified, with emphasis on those differences that could lead to economic costs and international friction. Alternatives for eliminating these costs and frictions are discussed, including unilateral policy changes, bilateral or multilateral harmonization of policies, and creation of new international regimes to supplement or replace national or regional regimes.

Competition Policy in Europe and North America

Author : George W. Comanor
Publisher : Taylor & Francis
ISBN 13 : 1136457178
Total Pages : 271 pages
Book Rating : 4.1/5 (364 download)

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Book Synopsis Competition Policy in Europe and North America by : George W. Comanor

Download or read book Competition Policy in Europe and North America written by George W. Comanor and published by Taylor & Francis. This book was released on 2014-05-01 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 2001. This volume considers the impact of competition policy on economic behaviour in the world's two largest economic areas.

The Analysis Of Competition Policy And Sectoral Regulation

Author : Martin Peitz
Publisher : World Scientific
ISBN 13 : 9814616370
Total Pages : 514 pages
Book Rating : 4.8/5 (146 download)

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Book Synopsis The Analysis Of Competition Policy And Sectoral Regulation by : Martin Peitz

Download or read book The Analysis Of Competition Policy And Sectoral Regulation written by Martin Peitz and published by World Scientific. This book was released on 2014-07-07 with total page 514 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains a selection of papers that were presented at the CRESSE Conferences held in Chania, Crete, from July 6th to 8th, 2012, and in Corfu from July 5th to 7th, 2013. The chapters address current policy issues in competition and regulation. The book contains contributions at the frontier of competition economics and regulation and provides perspectives on recent research findings in the field. Written by experts in their respective fields, the book brings together current thinking on market forces at play in imperfectly competitive industries, how firms use anti-competitive practices to their advantage and how competition policy and regulation can address market failures. It provides an in-depth analysis of various ongoing debates and offers fresh insights in terms of conceptual understanding, empirical findings and policy implications. The book contributes to our understanding of imperfectly competitive markets, anti-competitive practices and competition policy and regulation.

The Role of Competition in Economic Transition

Author : Christopher Saunders
Publisher : Springer
ISBN 13 : 1349228338
Total Pages : 253 pages
Book Rating : 4.3/5 (492 download)

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Book Synopsis The Role of Competition in Economic Transition by : Christopher Saunders

Download or read book The Role of Competition in Economic Transition written by Christopher Saunders and published by Springer. This book was released on 1993-09-15 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume reports the proceedings of a conference of highly qualified practitioners and theorists from East and West, dealing with competition and the important part it plays as an essential element of the market economic system. So far, in the countries of Central and East Europe and of the former USSR, privatisation of state enterprises has failed to bring about a more responsive, more competitive behaviour of these firms. It is recognised that various elements of competition - privatisation, breaking down of monopolies, trade liberalisation, strengthening of small- and medium-sized competitors; and institutional requirements - should be implemented simultaneously.

Rules of Competition and East-West Integration

Author : Michael Fritsch
Publisher : Springer Science & Business Media
ISBN 13 : 146156087X
Total Pages : 241 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Rules of Competition and East-West Integration by : Michael Fritsch

Download or read book Rules of Competition and East-West Integration written by Michael Fritsch and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Integration of the Central and Eastern European Countries (CEECs) into the European Union (EU) has become more a question of timing than a question whether it will or should be made. Since one of the objectives of the EU is to establish a system ensuring competition in the internal market is not distorted the question arises if the CEECs can be integrated into such a competitive system. Which rules of competition are appropriate to improve the economic integration of the CEECs and to promote at the same time the enduring transition process? The relationship between competition policy and East-West integration is the general theme of the contributions in this book. One central issue of this volume is the way of integrating the Central and East European countries into the EU and supporting their development by liberalizing trade with the EU. A second issue is the implementation of a market economy in the post-socialist countries of Eastern Europe and in particular the aspect of implementing competition rules at a time when markets are just emerging. The twelve selected papers are organized in three sections: -Competition Policy and Integration (part 1); -Competition Policy During Transition (part 2); -Competition, Trade Policy and East-West-Integration (part 3).

Economics and the Enforcement of European Competition Law

Author : Christopher Decker
Publisher : Edward Elgar Pub
ISBN 13 : 9781848443075
Total Pages : 288 pages
Book Rating : 4.4/5 (43 download)

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Book Synopsis Economics and the Enforcement of European Competition Law by : Christopher Decker

Download or read book Economics and the Enforcement of European Competition Law written by Christopher Decker and published by Edward Elgar Pub. This book was released on 2009 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'The book is well written and readable by non economists. the approaches, questions, methodology, and basis for selection of cases/interviewees are clearly explained and justified. This book is a valuable contribution to the literature.' - Rhonda Smith, Competition and Consumer Law Journal