This is the first EC competition law treatise that fully integrates economic reasoning in its treatment of the decisional practice of the European Commission and the case-law of the European Court of Justice. Since the European Commission's move to a "more economic approach" to competition law reasoning and decisional practice, the use of economic argument in competition law cases has become a stricter requirement. Many national competition authorities are also increasingly moving away from a legalistic analysis of a firm's conduct to an effect-based analysis of such conduct, indeed most competition cases today involve teams composed of lawyers and industrial organisation economists.
Competition law books tend to have either only cursory coverage of economics, have separate sections on economics, or indeed are far too technical in the level of economic understanding they assume. Ensuring a genuinely integrated approach to legal and economic analysis, this major new work is written by a team combining the widely recognised expertise of two competition law practitioners and a prominent economic consultant. The book contains economic reasoning throughout in accessible form, and, more pertinently for practitioners, examines economics in the light of how it is used and put to effect in the courts and decision-making institutions of the EU. A general introductory section sets EU competition law in its historical context. The second chapter goes on to explore the economics foundations of EC Competition law. What follows then is an integrated treatment of each of the core substantive areas of EC competition law, including Article 81 EC, Article 82, EC, mergers, cartels and other horizontal agreements, vertical restraints and technology transfer agreements
This book, dedicated to the study of competition law in the European Union, stands out through its particularly strong multidisciplinary approach. Sara Darley-Reygner, Revue Lamy de la concurrence Its analytical and explorative dimensions make this work a useful tool of the trade, as much for researchers and students in search of theoretical reflection, as for practitioners. Sara Darley-Reygner, Revue Lamy de la concurrence For those professionally or personally involved in the issues raised in the arena of competition law, this volume, distinguished by its clarity of explanation and expression, is an enlightening read. Phillip Taylor MBE and Elizabeth Taylor, Richmond Green Chambers
Number Of Pages: 600
Published: 22nd March 2012
Dimensions (cm): 24.6 x 17.8 x 3.77
Weight (kg): 1.16