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On the basis of an extensive empirical analysis of the Commission's main enforcement tools, this book establishes the changes that the more economic approach has made to the Commission's enforcement practice over the past fifteen years. It demonstrates that the more economic approach not only introduced modern economic assessment tools to the Commission's analyses, but fundamentally changed the Commission's interpretation of the law. Emulating one of the key credos of the US Antitrust Revolution thirty years earlier, the Commission reinterpreted the EU antitrust rules as aiming at the enhancement of economic consumer welfare only, and amended its understanding of key legal concepts accordingly.
This book argues that the Commission's new understanding of the law has many benefits. Its key principles are logical, translate well into workable legal concepts and promise a great degree of accuracy. However, it also has a number of serious drawbacks as it stands. Most worryingly, its revised interpretation of the law is to large extents incompatible with the case law of the European Court of Justice, which has not been swayed by the exclusive consumer welfare aim. This situation is undesirable from the point of view of legal certainty and the rule of law.
On the basis of an extensive empirical analysis of the Commission's main enforcement tools, this book establishes the changes that the more economic approach has made to the Commission's enforcement practice over the past fifteen years. It demonstrates that the more economic approach not only introduced modern economic assessment tools to the Commission's analyses, but fundamentally changed the Commission's interpretation of the law. Emulating one of the key credos of the US Antitrust Revolution thirty years earlier, the Commission reinterpreted the EU antitrust rules as aiming at the enhancement of economic consumer welfare only, and amended its understanding of key legal concepts accordingly.
This book argues that the Commission's new understanding of the law has many benefits. Its key principles are logical, translate well into workable legal concepts and promise a great degree of accuracy. However, it also has a number of serious drawbacks as it stands. Most worryingly, its revised interpretation of the law is to large extents incompatible with the case law of the European Court of Justice, which has not been swayed by the exclusive consumer welfare aim. This situation is undesirable from the point of view of legal certainty and the rule of law.
1. Triggers and Catalysts
2. The Process
3. The Agenda
Part II
4. A More Economic Objective
5. A More Economic Concept of Competitive Harm
6. A More Economic Concept of Countervailing Effects
7. A More Economic Test
8. A More Economic Methodology
Part III
9. Advantages
10. Compatibility with the Case Law
11. Other Concerns
| Erscheinungsjahr: | 2019 |
|---|---|
| Fachbereich: | Handels- und Wirtschaftsrecht, Arbeitsrecht |
| Genre: | Recht |
| Produktart: | Nachschlagewerke |
| Rubrik: | Recht & Wirtschaft |
| Medium: | Taschenbuch |
| Reihe: | Hart Studies in Competition Law |
| ISBN-13: | 9781509927951 |
| ISBN-10: | 1509927956 |
| Sprache: | Englisch |
| Ausstattung / Beilage: | Paperback |
| Einband: | Kartoniert / Broschiert |
| Autor: | Witt, Anne C |
| Hersteller: |
Bloomsbury 3PL
Hart Studies in Competition Law |
| Maße: | 234 x 156 x 21 mm |
| Von/Mit: | Anne C Witt |
| Erscheinungsdatum: | 18.04.2019 |
| Gewicht: | 0,576 kg |
1. Triggers and Catalysts
2. The Process
3. The Agenda
Part II
4. A More Economic Objective
5. A More Economic Concept of Competitive Harm
6. A More Economic Concept of Countervailing Effects
7. A More Economic Test
8. A More Economic Methodology
Part III
9. Advantages
10. Compatibility with the Case Law
11. Other Concerns
| Erscheinungsjahr: | 2019 |
|---|---|
| Fachbereich: | Handels- und Wirtschaftsrecht, Arbeitsrecht |
| Genre: | Recht |
| Produktart: | Nachschlagewerke |
| Rubrik: | Recht & Wirtschaft |
| Medium: | Taschenbuch |
| Reihe: | Hart Studies in Competition Law |
| ISBN-13: | 9781509927951 |
| ISBN-10: | 1509927956 |
| Sprache: | Englisch |
| Ausstattung / Beilage: | Paperback |
| Einband: | Kartoniert / Broschiert |
| Autor: | Witt, Anne C |
| Hersteller: |
Bloomsbury 3PL
Hart Studies in Competition Law |
| Maße: | 234 x 156 x 21 mm |
| Von/Mit: | Anne C Witt |
| Erscheinungsdatum: | 18.04.2019 |
| Gewicht: | 0,576 kg |
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