An Economic Approach to Article 82

Gual, Jordi; Hellwig, Martin F.; Perrot, Anne; Polo, Michele; Rey, Patrick; 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

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.

• Item Type: Paper
• Keywords: competition policy; abuse of market power
• Faculties: Economics; Economics > Munich Discussion Papers in Economics; Economics > Munich Discussion Papers in Economics > Micro-Economics; Economics > Munich Discussion Papers in Economics > Industrial Organization; Economics > Munich Discussion Papers in Economics > Economic Policy; Economics > Chairs > Seminar for Economic Theory
• Subjects: 300 Social sciences > 300 Social sciences, sociology and anthropology; 300 Social sciences > 330 Economics
• JEL Classification: D4
• Language: English