scholarly journals Market Share, R&D Cooperation, and EU Competition Policy

2009 ◽  
Author(s):  
Richard R Ruble ◽  
Bruno P. A. Versaevel
Keyword(s):  
Market Share ◽  
Competition Policy ◽  
Eu Competition Policy

scholarly journals Industry 4.0 Significance to competition and the EU competition policy

2020 ◽  
Vol 13 (3) ◽  
pp. 244-258
Author(s):  
Manuela Tvaronaviciene ◽  
Arunas Burinskas
Keyword(s):  
Competition Policy ◽  
Industry 4.0 ◽  
Eu Competition Policy ◽  
The Eu

scholarly journals Competition with Exclusive Contracts and Market-Share Discounts

2013 ◽  
Vol 103 (6) ◽  
pp. 2384-2411 ◽  
Author(s):  
Giacomo Calzolari ◽  
Vincenzo Denicolò
Keyword(s):  
Incomplete Information ◽  
Market Share ◽  
Competition Policy ◽  
Double Marginalization ◽  
Contractual Arrangements ◽  
Exclusive Contracts ◽  
Market Share Discounts

We analyze firms that compete by means of exclusive contracts and market-share discounts (conditional on the seller's share of customers' total purchases). With incomplete information about demand, firms have a unilateral incentive to use these contractual arrangements to better extract buyers' informational rents. However, exclusive contracts intensify competition, thus reducing prices and profits and (in all Pareto undominated equilibria) increasing welfare. Market-share discounts, by contrast, produce a double marginalization effect that leads to higher prices and harms buyers. We discuss the implications of these results for competition policy. (JEL D43, D83, D86, K21, L14, L42)

Economic Analysis in EU Competition Policy

2021 ◽  
Author(s):  
Pier Parcu ◽  
Giorgio Monti ◽  
Marco Botta
Keyword(s):  
Economic Analysis ◽  
Competition Policy ◽  
Eu Competition Policy

Fundamental Rights in EU Competition Enforcement

2021 ◽  
pp. 313-386
Author(s):  
Jan Wouters ◽  
Michal Ovádek
Keyword(s):  
Competition Policy ◽  
Competition Law ◽  
Internal Market ◽  
Point Of View ◽  
Fundamental Rights ◽  
National Competition ◽  
Eu Competition Policy ◽  
Competition Enforcement

This chapter assesses the role of fundamental rights in EU competition enforcement. EU competition policy comprises a number of limbs, each with its own peculiarities and rules but together contributing to the objective of protecting (relatively) undistorted competition in the Union's internal market. The key reason why EU competition policy is an interesting and important case study from the point of view of fundamental rights application is enforcement. Unlike in other areas, the EU, in particular the European Commission, wields considerable powers when it comes to the protection of undistorted competition in the internal market. Although the extent of the enforcement powers and their potential impact on fundamental rights differs between the various aspects of competition policy, the field as a whole embodies supranational authority as almost none other. This is so despite the fact that in enforcing competition law the Commission cooperates closely with national competition authorities (NCAs) as part of the European Competition Network (ECN) and that the majority of decisions applying EU antitrust rules are taken by the NCAs.

1. Competition policy and economics

2021 ◽  
pp. 1-48
Author(s):  
Richard Whish ◽  
David Bailey
Keyword(s):  
Market Power ◽  
Market Share ◽  
Competition Policy ◽  
Competition Law ◽  
Market Definition ◽  
Economic Context ◽  
Market Shares ◽  
Competition Laws ◽  
Competition Process

This chapter provides an overview of competition law and its economic context. Section 2 describes the practices that competition laws attempt to control in order to protect the competition process. Section 3 examines the theory of competition and gives an introductory account of why the effective enforcement of competition law is thought to be beneficial. Section 4 considers the goals of competition law. Section 5 introduces two key economic concepts, market definition and market power, that are important to a better understanding of competition policy. The chapter concludes with a table of market share figures that are significant in the application of EU and UK competition law, while reminding the reader that market shares are only ever a proxy for market power and can never be determinative of market power in themselves.

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