The Relevant Market: An Acceptable Limit to Competition Analysis?

Author(s):  
Christopher Townley

2019 ◽  
Vol 20 (1) ◽  
pp. 54-85
Author(s):  
Liang Li

Market definition is the first step of competition analysis. In practice, relevant markets are mostly defined for the end products and services and it is also the same for current cases concerning Internet-based businesses (IBBs). Data has important influence on the competition of IBBs. However, instead of selling data directly, the IBBs usually use data to produce, improve and innovate products and services. Under such circumstances, there may be no relevant market defined for such data following the conventional market definition methods. This article’s investigation shows that online data play different roles in the competition of IBBs and the conventional competition analysis methods only miss some aspects but not all of them. Alternative approaches including the input market definition and the putative online data market definition proposition fail to solve the problem. What might be of help is to switch focus to improving the relevant market definition methods for products and services which online data are related to and pay more attention to the inner relationship between online data and the Internet-based products and services when identifying which market to define.



2020 ◽  
Vol 10 ◽  
pp. 450-464
Author(s):  
Olga O. Bakalinska ◽  
◽  
Valeriy I. Polyukhovych ◽  
Volodymyr I. Korol ◽  
Oksana V. Kiriiak

In modern conditions, obtaining information about market dynamics, trends in demand, and alternative offers from competitors is vital to support the effective operation of enterprises. It is also common business practice to discuss legislative initiatives, non-confidential technical information, quality and safety standards, and various aspects of the industry. However, the direct or indirect exchange of information may be accompanied by various wrongful intentions of economic entities (for example, elimination of competitors, creation of entry barriers, agreement on price levels, certain discounts, sales volumes, and the market's geographical distribution, etc.). In Ukraine, there are currently no analogues of a full-fledged guide to information exchange between competitors, which determined the relevance of this study. The purpose of the study is to establish regulatory, economic principles for assessing the exchange of information between enterprises operating in the relevant market, in the context of compliance with legislation on protection of economic competition; analysis of the progressive international practice of cessation of violations in the form of information exchange, which leads to distortion of economic competition. In Ukraine, it is necessary to adopt the Guidelines for the Exchange of Information between Competitors (from now on referred to as "the Guidelines"), raising awareness of the business community (including associations and chambers of commerce), lawyers, and society in general regarding the main aspects of the competition compliance with competition law in order to promote fair business activities, protect the competitive environment and, as a consequence, improve consumer welfare.



2012 ◽  
pp. 126-138 ◽  
Author(s):  
E. Sokolova

The article aims to define the main peculiarities of competition analysis in case of innovation markets. Using the example of Apples iTunes Store antitrust suit, the main characteristics of the development of knowledge-based industries are applied to the analysis.



2013 ◽  
Author(s):  
Jeremy K. West ◽  
Anna R. Pisarkiewicz
Keyword(s):  






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