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An Economic Approach to Article 82 - Report by the European Advisory Group on Competition Policy

Author

Listed:
  • Gual, Jordi
  • Hellwig, Martin
  • Perrot, Anne
  • Polo, Michele
  • Rey, Patrick
  • Schmidt, Klaus M.
  • Stenbacka, Rune

Abstract

This report argues in favour of an economics-based approach to Article 82, in a way similar to the reform of Article 81 and merger control. In particular, we support an effects-based rather than a form-based approach to competition policy. Such an approach focuses on the presence of anti-competitive effects that harm consumers, and is based on the examination of each specific case, based on sound economics and grounded on facts.

Suggested Citation

  • Gual, Jordi & Hellwig, Martin & Perrot, Anne & Polo, Michele & Rey, Patrick & Schmidt, Klaus M. & Stenbacka, Rune, 2005. "An Economic Approach to Article 82 - Report by the European Advisory Group on Competition Policy," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 82, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
    • Handle: RePEc:trf:wpaper:82
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    File URL: https://epub.ub.uni-muenchen.de/13469/1/82.pdf
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    Citations

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    Cited by:

    1. Paul A. Grout & Anna Zalewska, 2008. "Measuring The Rate Of Return For Competition Law," Journal of Competition Law and Economics, Oxford University Press, vol. 4(1), pages 155-176.
    2. Kresimir Zigic & Viatcheslav Vinogradov & Eugen Kovac, 2006. "Persistence of Monopoly, Innovation, and R-and-D Spillovers: Static versus Dynamic Analysis," Computing in Economics and Finance 2006 516, Society for Computational Economics.
    3. Giovanni Immordino & Michele Polo, 2014. "Public Policies in Investment-Intensive Industries," World Scientific Book Chapters, in: Martin Peitz & Yossi Spiegel (ed.), THE ANALYSIS OF COMPETITION POLICY AND SECTORAL REGULATION, chapter 13, pages 365-388, World Scientific Publishing Co. Pte. Ltd..
    4. Pierluigi Sabbatini, 2008. "Assessing the Impact of Antitrust Intervention by the Italian Competition Authority," De Economist, Springer, vol. 156(4), pages 491-505, December.
    5. Immordino, Giovanni & Polo, Michele, 2014. "Antitrust, legal standards and investment," International Review of Law and Economics, Elsevier, vol. 40(C), pages 36-50.
    6. Hauteclocque, Adrien de & Glachant, Jean-Michel, 2009. "Long-term energy supply contracts in European competition policy: Fuzzy not crazy," Energy Policy, Elsevier, vol. 37(12), pages 5399-5407, December.
    7. Enrique Ide & Juan-Pablo Montero & Nicolás Figueroa, 2016. "Discounts as a Barrier to Entry," American Economic Review, American Economic Association, vol. 106(7), pages 1849-1877, July.
    8. Giovanni Immordino & Michele Polo, 2012. "Antitrust in Innovative Industries: the Optimal Legal Standards," Working Papers 434, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    9. Behringer, Stefan, 2007. "Spacial Predation in the UK Newspaper Industry," MPRA Paper 3242, University Library of Munich, Germany, revised 15 Apr 2007.
    10. Kováč, Eugen & Žigić, Krešimir, 2016. "Persistence of monopoly, innovation, and R&D spillovers," Research in Economics, Elsevier, vol. 70(4), pages 714-734.
    11. Akgün Uğur & Chioveanu Ioana, 2013. "Loyalty Discounts," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 13(2), pages 655-685, September.
    12. Eberhard Feess & Ansgar Wohlschlegel, 2010. "All-Unit Discounts and the Problem of Surplus Division," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 37(3), pages 161-178, November.
    13. Eugen Kovac & Viatcheslav Vinogradov & Kresimir Zigic, 2007. "Persistence of Monopoly, Innovation, and R&D Spillovers: Static versus Dynamic Analysis," CERGE-EI Working Papers wp316, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    14. Ugur Akgun & Ioana Chioveanu, 2012. "Loyalty Discounts," CEDI Discussion Paper Series 12-07, Centre for Economic Development and Institutions(CEDI), Brunel University.
    15. Yannis Katsoulacos & Galateia Makri & Eleni Metsiou, 2019. "Antitrust Enforcement in Europe in the Last 25 Years: Developments and Challenges," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 55(1), pages 5-26, August.

    More about this item

    Keywords

    Competition Policy; Abuse of Market Power; Article 82;
    All these keywords.

    JEL classification:

    • D4 - Microeconomics - - Market Structure, Pricing, and Design

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