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Gual, Jordi and Hellwig, Martin F. and Perrot, Anne and Polo, Michele and Rey, Patrick and Schmidt, Klaus M. and Stenbacka, Rune (July 2005): An Economic Approach to Article 82. Report by the European Advisory Group on Competition Policy. Discussion Papers in Economics 2005-26

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Abstract

This report argues in favour of an economics-based approach to Article 82, in a way similar to the reform of Article 81 and merger control. In particular, we support an effects-based rather than a form-based approach to competition policy. Such an approach focuses on the presence of anti-competitive effects that harm consumers, and is based on the examination of each specific case, based on sound economics and grounded on facts.

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