The Concept of the Relevant Product Market - Between Demand-side Substitutability and Supply-side Substitutability in Competition Law (Paperback, New edition)


The proper definition of the relevant product market still is the lynchpin of competition law: defining the market too wide makes it impossible to capture the companies' behavioural margins that are the result of market power and are not neutralized by competition; defining the market too narrow creates market power and forces undertakings under the application of Art. 82 EC, Art. 2 ECMR, 19 German Competition Act. In European and German competition law the aspect of demand-side substitutability has been the most important criterion. The meaning of potential competition and especially of supply-side substitutability has not been systematically grasped. The book therefore re-thinks the relevant questions of proper market definition.

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Product Description

The proper definition of the relevant product market still is the lynchpin of competition law: defining the market too wide makes it impossible to capture the companies' behavioural margins that are the result of market power and are not neutralized by competition; defining the market too narrow creates market power and forces undertakings under the application of Art. 82 EC, Art. 2 ECMR, 19 German Competition Act. In European and German competition law the aspect of demand-side substitutability has been the most important criterion. The meaning of potential competition and especially of supply-side substitutability has not been systematically grasped. The book therefore re-thinks the relevant questions of proper market definition.

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Product Details

General

Imprint

Peter Lang Ag

Country of origin

Switzerland

Series

Veroeffentlichungen des Instituts fuer deutsches und europaeisches Wirtschafts-, Wettbewerbs- und Regulierungsrecht der Freien Universitaet Berlin, 9

Release date

June 2008

Availability

Supplier out of stock. If you add this item to your wish list we will let you know when it becomes available.

First published

2008

Authors

Dimensions

210 x 148 x 9mm (L x W x T)

Format

Paperback

Pages

168

Edition

New edition

ISBN-13

978-3-631-57934-3

Barcode

9783631579343

Categories

LSN

3-631-57934-9



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