Download e-book for kindle: An Introduction to EU Competition Law by Dr Moritz Lorenz

By Dr Moritz Lorenz

ISBN-10: 110701817X

ISBN-13: 9781107018174

Succinct and concise, this textbook covers the entire procedural and sizeable features of european pageant legislations. It explores basic and secondary legislations during the prism of ECJ case legislation. Abuse of a dominant place and merger regulate are mentioned and a separate bankruptcy on cartels guarantees the scholar gets the broadest attainable standpoint at the topic. furthermore, the book's constant constitution aids knowing: part summaries underline key ideas, questions toughen studying and essay dialogue subject matters motivate extra exploration. through starting off the industrial rules which underpin the topic, the writer permits the scholar to have interaction with the complexity of pageant legislation with self belief. built-in examples and an uncluttered writing kind make this required interpreting for all scholars of the topic.

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Sample text

Examples of this type of industry are the mining industry or the production of chemicals. Bertrand competition assumes that firms compete on prices. Suppliers will determine the price they want to charge and will then supply as much as is demanded in the market at this price. The model of Bertrand competition is suited for industries where changes in output can easily be made and there are no significant capacity restrictions. An example of this type of competition is the insurance industry. The following sections describe these two models of oligopoly and their implications for social welfare in more detail.

76 para. 77 paras. 78 para. 79 para. 86 para. 83 para. 85 Section 4, 149 Horizontal Merger Guidelines [Commission Guidelines on the assessment of horizontal mergers under the Council Regulation on the control of concentrations between undertakings, OJ No. C 31 of 5 February 2004, p. 4, 278, 279, 281, 285, 286 para. 73 para. 139 para. 149 para. 151 para. 158 para. 161 para. 167 para. 173 paras. 175 section 2, 135 Nonhorizontal Merger Guidelines [Commission Guidelines on the assessment of nonhorizontal mergers under the Council Regulation on the control of concentrations between undertakings, OJ No.

773/2004, as regards the conduct of settlement procedures in cartel cases, OJ No. L 171 of 1 July 2008, p. 51 Commission Regulation (EU) No 461/2010 of 27 May 2010 on the application of Article 101(3) TFEU to categories of vertical agreements and concerted practices in the motor vehicle sector, OJ No. L 129 of 28 May 2010, p. 140 Commission Regulation (EU) No 1217/2010 of 14 December 2010 on the application of Art. 101(3) TFEU to certain categories of research and development agreements, OJ No.

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An Introduction to EU Competition Law by Dr Moritz Lorenz

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