Vertical Agreements and Competition Law

A Comparative Study of the EU and US Regimes

Author: Sandra Marco Colino

Publisher: Bloomsbury Publishing

ISBN: 1847315615

Category: Law

Page: 218

View: 5513

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This book focuses on the current legal framework for vertical agreements in the EU and the US. Over the last ten years, antitrust rules governing these agreements have undergone thorough reform. In the EU, the old sector-specific block exemptions were replaced by Regulation 2790/99, applicable to all sectors of the economy. In addition, changes introduced to the procedural rules have led to the decentralisation of Article 81(3) and the removal of the notification requirement. In like manner, in the US the Supreme Court has gradually taken vertical restraints out of the per se illegality rule. What Sylvania achieved in placing non-price vertical restraints under the rule of reason in the late 1970s, the Khan judgment did for maximum resale price maintenance in 1997, whilst most recently and most significantly in 2007 the Leegin case followed suit for minimum resale price maintenance. The book is divided into four chapters. The first chapter considers the 'double nature' of vertical agreements and the regulatory dilemma. The second chapter explores the most influential economic theories underpinning current regulatory frameworks, and how these theories shape antitrust policy. The third chapter questions the adequacy of the current economic analysis in recent EU and US legislation and court decisions. The fourth chapter analyses how this maturing economic analysis can be reconciled with what commentators and regulators have identified as a key role for competition policy, redressing assumed imbalances between dealers and manufacturers. The author concludes by querying the prevailing logic of protecting sectoral interests above the competitive process.

EU and US Competition Law: Divided in Unity?

The Rule on Restrictive Agreements and Vertical Intra-brand Restraints

Author: Csongor István Nagy

Publisher: Routledge

ISBN: 1317140508

Category: Law

Page: 240

View: 4890

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This book examines the structure of the rule on restrictive agreements in the context of vertical intra-brand price and territorial restraints, analysing, comparing and evaluating their treatment in US antitrust and EU competition law. It examines the concept of 'agreement' as the threshold question of the rule on restrictive agreements, the structure and focus of antitrust/competition law analysis, the treatment of vertical intra-brand price and territorial restrictions and their place in the test of antitrust/competition law. The treatment of vertical intra-brand restraints is one of the most controversial issues of contemporary competition law and policy, and there are substantial differences between the world's two leading regimes in this regard. In the US, resale price fixing merits an effects-analysis, while in the EU it is prohibited almost outright. Likewise, territorial protection is treated laxly in the US, while in the EU absolute territorial protection - due to the single market imperative - is strictly prohibited. Using a novel approach of legal analysis, this book will be of interest to academics and scholars of business and commercial law, international and comparative law.

Competition Law of the EU and UK

Author: Sandra Marco Colino

Publisher: Oxford University Press

ISBN: 0199587329

Category: Law

Page: 476

View: 1444

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This student-friendly and engaging textbook is an excellent introduction to competition law. With a comparative approach, it gives clarity to the differences and similarities between EU and UK systems. Providing up-to-date coverage of cases and legislative changes, it explains the fundamental economic concepts of this area of the law.

Trade and Competition Law in the Eu and Beyond

Author: Inge Govaere,Reinhard Quick,Marco Bronckers

Publisher: Edward Elgar Publishing

ISBN: 0857935674

Category: Law

Page: 512

View: 6099

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This well-documented book comprises a stellar cast of European and American authors delivering an overview of cutting edge issues in the areas of trade and competition law, arising in the EU and beyond. Written from an international perspective, hotly debated topics include: challenges in international monetary law; the EU and free trade; treaty interpretation; WTO dispute settlement; the domestic law effect of the WTO in the EU and public and private enforcement of competition law, amongst many others. Set out to become a key work of reference for many legal practitioners, policy makers and academics alike across the globe, Trade and Competition Law in the EU and Beyond uniquely tackles the two very different, yet related, topics of trade and competition law.

Competition Law

Safeguarding the Consumer Interest : a Comparative Analysis of US Antitrust Law and EC Competition Law

Author: Eugène Buttigieg

Publisher: Kluwer Law International B.V.

ISBN: 9041131191

Category: Law

Page: 423

View: 7995

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Although it is commonly assumed that consumers benefit from the application of competition law, this is not necessarily always the case. Economic efficiency is paramount; thus, competition law in Europe and antitrust law in the United States are designed primarily to protect business competitors (and in Europe to promote market integration), and it is only incidentally that such law may also serve to protect consumers. That is the essential starting point of this penetrating critique. The author explores the extent to which US antitrust law and EC competition law adequately safeguard consumer interests. Specifically, he shows how the two jurisdictions have gone about evaluating collusive practices, abusive conduct by dominant firms and merger activity, and how the policies thus formed have impacted upon the promotion of consumer interests. He argues that unless consumer interests are directly and specifically addressed in the assessment process, maximization of consumer welfare is not sufficiently achieved. Using rigorous analysis he develops legal arguments that can accomplish such goals as the following: replace the economic theory of 'consumer welfare' with a principle of consumer well-being; build consumer benefits into specific areas of competition policy; assess competition cases so that income distribution effects are more beneficial to consumers; and control mergers in such a way that efficiencies are passed directly to consumers. The author argues that, in the last analysis, the promotion of consumer well-being should be the sole or at least the primary goal of any antitrust regime. Lawyers and scholars interested in the application and development and reform of competition law and policy will welcome this book. They will find not only a fresh approach to interpretation and practice in their field - comparing and contrasting two major systems of competition law - but also an extremely lucid analysis of the various economic arguments used to highlight the consumer welfare enhancing or welfare reducing effects of business practices.

Vertical Agreements in EU Competition Law

Author: Frank Wijckmans,Filip Tuytschaever

Publisher: Oxford University Press

ISBN: 0199696411

Category: Law

Page: 388

View: 8760

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Providing a detailed and practical analysis of the entire scope of the law relating to vertical agreements, including the new general block exemption regulations and the Vertical Guidelines, this book is an indispensible tool for all practitioners active in the drafting or reviewing of vertical agreements.

Global Competition Law and Economics

Author: Einer Elhauge,Damien Geradin

Publisher: Bloomsbury Publishing

ISBN: 1847317677

Category: Law

Page: 1324

View: 5820

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This is the second edition of the acclaimed text on global antitrust law. With markets becoming increasingly global, mergers requiring approval in several different jurisdictions, cartels in one nation affecting supply in others, and countries increasingly entering into treaties with each other about the content or enforcement of competition laws, antitrust law is now a truly global phenomenon. Modern antitrust law is also different because it now reflects an increasingly economic approach to analysing antitrust and competition policy. This innovative work is the only truly comparative and economically sophisticated casebook on the market. Addressed to students from all jurisdictions having competition laws, this casebook provides an in-depth analysis of the two major global antitrust regimes in the world, as well as a summary of selected national antitrust laws. As such it will also serve as a useful reference for practitioners, competition officials and policy-makers interested in competition law. In the four years since the first edition, the increased globalization of antitrust law has continued apace. China, the world's third largest economy after the EU and US, has adopted an antitrust law and other nations have modified and modernized their antitrust regimes. The EU has adopted a new EU Treaty, new EU guidelines on abuse of dominance, new EU guidelines on non-horizontal mergers, and new EU regulations and guidelines on vertical agreements. In the US there have been important new Supreme Court cases (the 2009 Linkline and 2010 American Needle decisions) and the appearance of a new economic approach in the revised 2010 U.S. Merger Guidelines. This new edition expands and updates the pioneering approach of the first edition, addressing new developments not only in the US and EU, but also in Australia, Brazil, Canada, Israel, Japan, South Africa, and South Korea, with expanded coverage of China's new antitrust law, and the antitrust laws of Argentina, Chile, Colombia, Egypt, India, Indonesia, New Zealand, Peru, Russia, Saudi Arabia, Singapore, Taiwan, Thailand, Turkey, and Venezuela. Praise for the first edition '...worthy of considerable praise...contains a vast collection of well-chosen material taking in a wide span of both antitrust and merger law issues. It is well written and clear throughout, particularly on the economic concepts, and provides incisive commentary and questions which inspire further study.' Peter Whelan, Cambridge Law Journal 'Enlightened law professors and law schools will best serve their students not by teaching national competition law but by adopting Global Competition Law and Economics...an excellent book for introductory courses in comparative competition law at either a graduate or undergraduate level.' Okeoghene Odudu, Common Market Law Review '...the best four-and-a-half centimetres of shelf-space that I have seen devoted to competition law and policy issues for a very long time†?.' Yvonne van Roy, New Zealand Law Journal 'Free from the ideologically-driven perspective that can affect other antitrust casebooks, this is also the first casebook organized from inception with an eye directly on the global context...this book may be used in a classroom in Europe just as it will be used in the U.S. The result is a highly welcome contribution to the evolution of competition studies.' Judge Douglas Ginsburg '...this book is the only one on the market that is extremely well suited for use in a comparative antitrust law class...an extraordinarily teachable book that contains everything you might want to present...Finally, the comparative antitrust field has a standard textbook to use. And a wonderful standard it is.' Robert H Lande, University of Baltimore Law School

Antitrust Law and Economics

Author: Keith N. Hylton

Publisher: Edward Elgar Publishing

ISBN: 1849805288

Category: Law

Page: 298

View: 6129

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In this outstanding new book Professor Keith Hylton and his collaborators examine what antitrust law has become over the past ten years, a time in which economic analysis has become its undisputed core. What has become of the old antitrust doctrine, what are the new issues for the immediate future? This book brings together the leading experts to examine this silent revolution at the core of US domestic policy. Mark Grady, UCLA School of Law, US Hylton s Antitrust Law and Economics brings together many of the best authors writing in antitrust today. Their essays range widely, covering proof of agreement under the Sherman Act, group boycotts, monopolization and essential facilities, tying and other vertical restraints, and merger policy. The writing is clear, accessible but still technically sophisticated and comprehensive. This book represents the best in contemporary antitrust scholarship, by authors who understand and are able to communicate the centrality of economic analysis to antitrust. No antitrust lawyer, serious antitrust student, or antitrust economist should be without this book. Herbert Hovenkamp, University of Iowa College of Law, US This comprehensive book provides an extensive overview of the major topics of antitrust law from an economic perspective. Its in-depth treatment and analysis of both the law and economics of antitrust is presented via a collection of interconnected original essays. The contributing authors are among the most influential scholars in antitrust, with a rich diversity of backgrounds. Their entries cover, amongst other issues, predatory pricing, essential facilities, tying, vertical restraints, enforcement, mergers, market power, monopolization standards, and facilitating practices. This well-organized and substantial work will be invaluable to professors of American antitrust law and European competition law, as well as students specializing in competition law. It will also be an important reference for professors and graduate students of economics and business.

International and Comparative Competition Law

Author: Maher M. Dabbah

Publisher: Cambridge University Press

ISBN: 1139492713

Category: Law

Page: N.A

View: 5079

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This thorough appraisal of competition law and policy from an international and comparative perspective covers the role of different international organisations active in the area, the significance of multinational enterprises and, in particular, the differences between US and EU systems. Taking examples from regions such as Africa, the Middle East and Asia, Maher M. Dabbah looks at the law and policy in developing countries and at a regional level, the internationalisation of competition law and the doctrines of extraterritoriality, bilateral cooperation and multilateral cooperation as well as the relationship between competition and trade policy. The book should prove useful to anyone who is interested in gaining an insight into the international dimension of competition law and policy. It is written in a language and style which make such a complex topic both possible to understand and enjoyable.

Comparative Competition Law

Author: John Duns,Arlen Duke,Brendan Sweeney

Publisher: Edward Elgar Publishing

ISBN: 1785362577

Category: Law

Page: 528

View: 5328

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Comparative Competition Law examines the key global issues facing competition law and policy. This volume’s specially commissioned chapters by leading writers from the United States, Europe, Asia, South America, and Australia provide a synthesis of how these current issues are addressed by drawing on the approaches taken in different jurisdictions around the world. Expert contributors examine the regulation of core competitive conduct by comparing substantive law approaches in the US and the EU. The book then explores issues of enforcement – such as the regulator’s powers, whether to criminalize anti-competitive conduct, the degree to which private enforcement ought to be encouraged, and the extraterritorial scope of domestic laws. Finally, the book discusses how competition law is being implemented in a variety of countries, including Japan, China, Brazil, Chile, and Colombia. This scholarly analysis of the key substantive, procedural, and remedial challenges facing global competition law policymakers offers a comparative framework to facilitate a better understanding of relevant policies. This collection of global perspectives will be of great interest to scholars and students of competition law, microeconomics, and regulatory studies. Competition law regulators, policy makers, and law practitioners will also find this book an invaluable resource.

Global Competition Policy

Author: Edward Montgomery Graham,J. David Richardson

Publisher: Peterson Institute

ISBN: 9780881321661

Category: Political Science

Page: 591

View: 2621

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There is a growing consensus among international trade negotiators and policymakers that a prime area for future multilateral discussions is competition policy. Competition policy includes antitrust policy (including merger regulation and control) - but is often extended to include international trade measures and other policies that affect the structure, conduct, and performance of industries.

Neue Wohnungsgemeinnützigkeit

Wege zu langfristig preiswertem und zukunftsgerechtem Wohnraum

Author: Jan Kuhnert,Olof Leps

Publisher: Springer-Verlag

ISBN: 3658175702

Category: Political Science

Page: 605

View: 6654

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In diesem Buch werden umsetzungsorientierte Konzepte zur Einführung einer neuen Wohnungsgemeinnützigkeit in Deutschland auf der Grundlage der Erfahrungen in ihrer langen Geschichte (1851 bis 1989) entwickelt. Hierfür werden historische, rechtliche und politische Gesichtspunkte sowie die europarechtlichen Rahmenbedingungen aufbereitet. Anhand der Beispiele von Österreich und den Niederlanden werden auch zwei aktuelle Wege einer sozialen Wohnraumversorgung analysiert und nutzbar gemacht. Für eine neue Wohnungsgemeinnützigkeit werden schnell umsetzbare Maßnahmen sowie ein detailliertes Konzept für den Aufbau eines größeren gemeinwohlorientierten Wohnungsangebotes vorgeschlagen.

Europäisches Vertragsrecht

Author: Hein Kötz

Publisher: Mohr Siebeck

ISBN: 9783161537677

Category: Law

Page: 549

View: 9945

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English summary: This volume deals with the contract law of the European legal systems. What are the essential rules of these systems on the formation and validity of contracts? What rules apply to a party's right to bring a claim for performance, to terminate the contract or to claim damages for breach? While the discussion is based on the national rules, they are taken into account only as local variations on a European theme. To what extent is it therefore possible to speak of a common European law of contract? What contributions do the "Principles of European Contract Law" and the proposal of the "Draft Common Frame of Reference" make? This book is not only aimed at helping to teach young Europeans lawyers, but also strives to assist those engaged in the reform of national contract law or the drafting of uniform European legislation. The first 1996 edition of the volume has now been updated and completed. German description: Unter "Europaischem Vertragsrecht" versteht dieses Buch die Regeln, die den Rechtsordnungen der europaischen Lander gemeinsam sind: Wie kommt ein gultiger Vertrag zustande? Nach welchen Regeln wird beurteilt, ob eine Vertragspartei die Erfullung des Vertrages verlangen, von dem Vertrag Abstand nehmen, ihn widerrufen oder kundigen oder den Kontrahenten auf Schadensersatz in Anspruch nehmen kann? Lassen sich auf dem Gebiet des Vertragsrechts gemeineuropaische Strukturen auffinden? Gibt es allgemein akzeptierte Regeln? Wie sind sie zu formulieren, wenn man die "Prinzipien des Europaischen Vertragsrechts" oder die Vorschlage des "Draft Common Frame of Reference" berucksichtigt? Dabei werden die Losungen der nationalen Rechtsordnungen ausfuhrlich - wenn auch stets nur als nationale Variationen eines europaischen Themas - behandelt. Das Buch kann deshalb bei der rechtsvergleichenden Ausbildung der jungen europaischen Juristen eine Rolle spielen, ferner auch dort, wo e s um die Vorbereitung europaischen Gesetzesrechts oder um die Reform der nationalen Vertragsrechte geht. Das Buch ist in einer ersten unvollstandigen Auflage schon 1996 erschienen. Die Neuauflage bringt den Text auf den neuen Stand und erganzt ihn um die damals noch fehlenden Abschnitte.

Behavioral Finance

verhaltenswissenschaftliche Finanzmarktforschung im Lichte begrenzt rationaler Marktteilnehmer ; [mit Online-Wissens-Check]

Author: Rolf J. Daxhammer,Máté Facsar

Publisher: UTB

ISBN: 3825285049

Category: Business & Economics

Page: 338

View: 8003

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Die aktuellen Krisen und zunehmenden Kursschwankungen erfordern eine Erweiterung des neoklassischen Ansatzes. Hier setzt dieses Lehrbuch an. In 12 Kapiteln öffnet es Studierenden die Türe zu einer neu entstehenden, verhaltenswissenschaftlichen Sicht auf die Finanzmärkte. Dort entscheiden die Akteure nur begrenzt rational und lassen sich von emotionalen Einflüssen lenken. Abgerundet wird das Lehrbuch durch einen webbasierten Wissens-Check, mit dem die Leser ihre Lernfortschritte überprüfen können, und einem Glossar, das mittels Smartphone (QR-Codes) aufgerufen und zur Prüfungsvorbereitung genutzt werden kann. Das Buch richtet sich an Bachelor- und Masterstudierende. Vorkenntnisse und erste Einblicke in die neoklassische Kapitalmarktheorie sind für die Leser von Vorteil. Fazit: Verständlich und mit umfangreichen Anwendungsmaterial lernt der Studierende die Realität des Finanzsektors kennen.

Issues in General Economic Research and Application: 2011 Edition

Author: N.A

Publisher: ScholarlyEditions

ISBN: 1464965048

Category: Business & Economics

Page: 873

View: 9185

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Issues in General Economic Research and Application: 2011 Edition is a ScholarlyEditions™ eBook that delivers timely, authoritative, and comprehensive information about General Economic Research and Application. The editors have built Issues in General Economic Research and Application: 2011 Edition on the vast information databases of ScholarlyNews.™ You can expect the information about General Economic Research and Application in this eBook to be deeper than what you can access anywhere else, as well as consistently reliable, authoritative, informed, and relevant. The content of Issues in General Economic Research and Application: 2011 Edition has been produced by the world’s leading scientists, engineers, analysts, research institutions, and companies. All of the content is from peer-reviewed sources, and all of it is written, assembled, and edited by the editors at ScholarlyEditions™ and available exclusively from us. You now have a source you can cite with authority, confidence, and credibility. More information is available at http://www.ScholarlyEditions.com/.

The Youth's Companion

Author: Nathaniel Willis,Daniel Sharp Ford

Publisher: N.A

ISBN: N.A

Category: Children's periodicals

Page: N.A

View: 7512

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Includes music.

Postdemokratie

Author: Colin Crouch

Publisher: Suhrkamp Verlag

ISBN: 3518785303

Category: Political Science

Page: 159

View: 1764

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"Postdemokratie": Dieser Begriff des Politikwissenschaftlers Colin Crouch wurde nach dem Erscheinen der Originalausgabe seines Buches zum Kristallisationspunkt der Debatte um Politikverdrossenheit, Sozialabbau und Privatisierung. Crouch hat dabei ein politisches System im Auge, dessen demokratische Institutionen zwar weiterhin formal existieren, das von Bürgern und Politikern aber nicht länger mit Leben gefüllt wird. Der polemische Essay, der in Italien und Großbritannien bereits als Klassiker der Gegenwartsdiagnose gilt, liegt nun endlich auch in deutscher Übersetzung vor.