EC Competition LawThe development of competition law in the EU can be explored through three interrelated perspectives: the extent to which controversies in economic thinking affect the design of the law; how changing political visions about the objectives of competition law have caused shifts in the interpretation of the rules; and the institution in charge of applying the rules. The economic and political debates on competition law show that it is a contested terrain, and the way courts and competition authorities apply the law reflects their responses to the objectives and economics of competition law. By characterising the application of competition law as a continuous response to policy and economic debates, the author casts fresh perspectives on the subject. Written with competition law students in mind, Monti sets out economic concepts in a non-technical manner and explores the policy dimension of competition law by referring to key cases and contemporary policy initiatives. |
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Outstanding book !
It presents complicated and controversial subjects, as well as complex concepts with a simple yet comprehensive manner.
Few authors have Monti's knowledge and descriptive abilities. He covers each subject fully with clarity.
I fully recommend it for both academics and practitioners.
Contents
2 | 21 |
The single market | 39 |
Introduction | 397 |
G Monti Article 81 EC and Public Policy 2002 39 | 454 |
The US applied pressure for the enactment of competition laws in Europe in the postwar period | 460 |
Article 4 | 470 |
Common terms and phrases
able abuse agreement allow analysis anticompetitive Antitrust apply approach Article 81 behaviour benefit Block Brands buyer cent chapter collusion Commission Commission’s Community competing competition law Competition Policy competitors concentration concern consider considerations consumer contract costs Court create customers decision definition designed Directive distribution dominant firm economic freedom effects efficiency eliminate enforcement entry European evidence example exclusive exemption facilitate fact grant Guidelines harm identify incentive increase industrial integration interests Law Review lead less manufacturer market power market share means Member merged entity merger monopoly Moreover necessary noted obligation offer operating para paras parties political possible practices protect question raise reason reduce Regulation relevant remedy requires restriction result retail risk rivals rules sector sell standard structure suggest suppliers supply trade vertical restraints