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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. 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.
    2. 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.
    3. Behringer, Stefan, 2007. "Spacial Predation in the UK Newspaper Industry," MPRA Paper 3242, University Library of Munich, Germany, revised 15 Apr 2007.
    4. 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..
    5. 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.
    6. Kováč, Eugen & Žigić, Krešimir, 2016. "Persistence of monopoly, innovation, and R&D spillovers," Research in Economics, Elsevier, vol. 70(4), pages 714-734.
    7. Akgün Uğur & Chioveanu Ioana, 2013. "Loyalty Discounts," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 13(2), pages 655-685, September.
    8. 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.
    9. 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.
    10. Pierluigi Sabbatini, 2008. "Assessing the Impact of Antitrust Intervention by the Italian Competition Authority," De Economist, Springer, vol. 156(4), pages 491-505, December.
    11. Immordino, Giovanni & Polo, Michele, 2014. "Antitrust, legal standards and investment," International Review of Law and Economics, Elsevier, vol. 40(C), pages 36-50.
    12. 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.
    13. Ugur Akgun & Ioana Chioveanu, 2012. "Loyalty Discounts," CEDI Discussion Paper Series 12-07, Centre for Economic Development and Institutions(CEDI), Brunel University.
    14. 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.
    15. 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.

    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

    NEP fields

    This paper has been announced in the following NEP Reports:

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