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The Damage Caused by Anticompetitive Practices. Effective Methods and Techniques of Quantification

Author

Listed:
  • Victor LaÈ™cov

    (†Lucian Blaga†University of Sibiu)

  • ConstanÈ›a Tiuhtii

    (†Lucian Blaga†University of Sibiu)

Abstract

Analyzing the impact of competition policy, the effects of anti-competitive practices and the decisions of competition authorities is a constant concern. Thus, public authorities, and especially competition authorities seek to justify the use of public resources to promote competition policy. Business representatives and international bodies seek to standardize competition rules so that they do not harm business development and others. In this regard, there are several methods and techniques applied to quantify the harm caused by anti-competitive practices, the economic effects of competition policy and the intervention of competition authorities proposed by the European Commission, the OECD, competition authorities in several countries, and the academic environment. The efficient analysis and quantification of the impact of anti-competitive practices are crucial in the regulatory process, being the premise of making the right decisions. The paper presents the classification and application of assessing methods for anti-competitive practices to determine the damage caused by them.

Suggested Citation

  • Victor LaÈ™cov & ConstanÈ›a Tiuhtii, 2020. "The Damage Caused by Anticompetitive Practices. Effective Methods and Techniques of Quantification," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 380-386, December.
  • Handle: RePEc:ovi:oviste:v:xx:y:2020:i:2:p:380-386
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    More about this item

    Keywords

    anticompetitive practices; damage quantification; competition policy;
    All these keywords.

    JEL classification:

    • D6 - Microeconomics - - Welfare Economics
    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General

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