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A Statistical Analysis Of U.K. Antitrust Enforcement

Author

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  • Cento Veljanovski

Abstract

The Office of Fair Trading (OFT) has been a highly rated competition law enforcer. Yet its antitrust performance activities fall far short of this image. Here a critical assessment is made of the OFT’s antitrust enforcement activities, and of the claim that there is quantitative survey evidence that the OFT has had a “significant deterrent effect.” It concludes that the evidence for this claim is flawed and not credible.

Suggested Citation

  • Cento Veljanovski, 2014. "A Statistical Analysis Of U.K. Antitrust Enforcement," Journal of Competition Law and Economics, Oxford University Press, vol. 10(3), pages 711-738.
    • Handle: RePEc:oup:jcomle:v:10:y:2014:i:3:p:711-738.
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    File URL: http://hdl.handle.net/10.1093/joclec/nhu004
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    More about this item

    JEL classification:

    • D4 - Microeconomics - - Market Structure, Pricing, and Design
    • K0 - Law and Economics - - General
    • K14 - Law and Economics - - Basic Areas of Law - - - Criminal Law
    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • L4 - Industrial Organization - - Antitrust Issues and Policies
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L12 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Monopoly; Monopolization Strategies
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices
    • L44 - Industrial Organization - - Antitrust Issues and Policies - - - Antitrust Policy and Public Enterprise, Nonprofit Institutions, and Professional Organizations
    • N60 - Economic History - - Manufacturing and Construction - - - General, International, or Comparative

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