Overview

The context for this book is the increasingly complex relationship between economic theory and competition law which gives rise to lively political and academic debate on the direction competition law should take in a more global and innovation-oriented market place.The authors adopt a comparative, research-orientated approach, taking into account different situations in the US, Europe, Japan and transition and developing countries. They investigate the impact of economics on the objectives of competition law in various fields - restrictive agreements, unilateral restraints and merger control - and on the effectiveness of enforcement in a given legal and judicial system. Economic Theory and Competition Law is an insightful resource for law and economics scholars. Legal practitioners in the field of competition law will also value this book.

Full Product Details

Author:   Josef Drexl ,  Laurence Idot ,  Joël Monéger
Publisher:   Edward Elgar Publishing Ltd
Imprint:   Edward Elgar Publishing Ltd
Dimensions:   Width: 15.60cm , Height: 1.50cm , Length: 23.40cm
Weight:   0.666kg
ISBN:  

9781847206312

ISBN 10:   184720631
Pages:   288
Publication Date:   27 February 2009
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print  
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Table of Contents

Contents: Preface PART I: THE GOALS OF COMPETITION LAW – A COMPARATIVE PERSPECTIVE 1. Economic Analysis in EU Competition Cases Hans W. Friederiszick 2. Competition Law and the Institutional Embeddedness of Economics David J. Gerber 3. The Goals of Japanese Competition Law Shuya Hayashi 4. Efficiency of Competition Law in Economies of Transition 5. The Treatment of Efficiencies in South African Merger Consideration Geoff Parr PART II: THE STATUS OF EFFICIENCY ANALYSIS IN COMPETITION LAW 6. Should Competition Law Promote Efficiency? Some Reflections of an Economist on the Normative Foundations of Competition Law Wolfgang Kerber 7. Competition Law Should Promote Economic and Social Welfare by Ensuring the Freedom to Compete – A Lawyer’s View Roger Zäch 8. Appropriation of the Legal System by Economic Concepts: Should Conflicting Goals be Considered? Anne Perrot 9. Competition Law and Public Policy: Reconsidering an Uneasy Relationship – The Example of Article 81 Heike Schweitzer PART III: ECONOMIC ANALYSIS AND COMPETITION LAW IN PRACTICE 10. Restrictive Agreements and Unilateral Restraints: Merging Regimes on Market Power and Exclusion Thomas Eilmansberger 11. Convergence of Competition Law Prohibitions: Foundational Issues Michal S. Gal 12. Efficiencies in Merger Analysis: Alchemy in the Age of Empiricism? Thomas L. Greaney 13. Efficiency in Merger Law: Appropriateness of Efficiency Analysis in Ex-ante Assessment? Daniel Zimmer 14. Efficient and/or Effective Enforcement Marie-Anne Frison-Roche 15. A Brief Overview of Some Conflicts between Economic Efficiency and Effectiveness of the Administrative or Judicial Process in Competition Law Antoine Louvaris 16. Conflicts between Economic Efficiency and Effective Judicial Process Muriel Chagny PART IV: GUEST SPEECH 17. Efficiency in the Enforcement Policy of the French Conseil de la Concurrence Bruno Lasserre Index

Reviews

`Economic Theory and Competition Law constitutes a timely, stimulating contribution to the ongoing debate on the current trends of competition enforcement, not only in Europe but also in other jurisdictions, and especially on the impact that applying the concepts and the categories of economic theory is going to have on this activity. . . Due to its coverage and timeliness, it is very likely to have a considerable impact on the current discussion and also to be of interest to both academics and practitioners active in the field of competition law and policy.' -- Arianna Andreangeli, Common Market Law Review

'Economic Theory and Competition Law constitutes a timely, stimulating contribution to the ongoing debate on the current trends of competition enforcement, not only in Europe but also in other jurisdictions, and especially on the impact that applying the concepts and the categories of economic theory is going to have on this activity... Due to its coverage and timeliness, it is very likely to have a considerable impact on the current discussion and also to be of interest to both academics and practitioners active in the field of competition law and policy.' -- Arianna Andreangeli, Common Market Law Review

Author Information

Edited by Josef Drexl, Director, Max Planck Institute for Innovation and Competition, Munich, Germany, Laurence Idot, Professor of Law, University of Paris II Panthéon-Assas and Joël Monéger, Professor of Law, University of Paris Dauphine, France

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