Meaningful and Measurable Market Domination
Abstract
The European Court of Justice’s definition of when a firm has a dominant position has recently come under attack as being meaningless and impossible to measure. We argue that both attacks are wrong, suggest an economic interpretation of domination and propose how it may be measured using modern time series econometrics. We illustrate the approach empirically.Download Info
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Paper provided by Copenhagen Business School, Department of Economics in its series Working Papers with number 09-2002.Length: 7 pages
Date of creation: 01 May 2002
Date of revision:
Handle: RePEc:hhs:cbsnow:2002_009
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Postal: Department of Economics, Copenhagen Business School, Solbjerg Plads 3 C, 5. sal, DK-2000 Frederiksberg, Denmark
Phone: 38 15 25 75
Fax: 38 15 26 65
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Web page: http://www.cbs.dk/departments/econ/
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Related research
Keywords: Market domination; monopoly; competition policy; competition law;Other versions of this item:
- Lisbeth F. la Cour & H. Peter Møllgaard, 2002. "Meaningful and Measurable Market Domination," CIE Discussion Papers 2002-06, University of Copenhagen. Department of Economics. Centre for Industrial Economics.
- D41 - Microeconomics - - Market Structure and Pricing - - - Perfect Competition
- D42 - Microeconomics - - Market Structure and Pricing - - - Monopoly
- K00 - Law and Economics - - General - - - General (including Data Sources and Description)
- L12 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Monopoly; Monopolization Strategies
- L40 - Industrial Organization - - Antitrust Issues and Policies - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2003-04-13 (All new papers)
- NEP-IND-2003-04-13 (Industrial Organization)
- NEP-LAW-2003-04-13 (Law & Economics)
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