The Role of Economic Analysis in the EC Competition Rules

Focusing on the EC rules applying to businesses (Article 85, Article 86, and the Merger Regulation), this book evaluates the role of economic analysis in EC competition law. Although clearly written for a legal audience, the book is interdisciplinary, integrating both law and economics in such as way that economics in competition proceedings becomes easier to understand for people not trained in economic theory.

<p class=copymedium>A comprehensive presentation of the competition rules, including an overview of competition theory, prepares the scene. The concept of competition is developed from an economic point of view because knowledge of economic theory becomes essential in EC competition law.

<p class=copymedium>Judgements of the EC Courts--as well as such relevant documents as the Commission's Green Paper on Vertical Restraints--serve to highlight the Commission's approach. The book provides practical guidance on how to apply an economic analysis under the EC competition rules.

<p class=copymedium>Lawyers will appreciate the clear, easy-to-follow discussion of competition theory, the authoritative evaluation of the increasing importance of economics in competition law, and the expert guidance in dealing with this subject.