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OverviewIn many economic sectors – the digital industries being first and foremost – the market power of dominant firms has been steadily increasing and is rarely challenged by competitors. Existing competition laws and regulations have been unable to make markets more contestable. The book argues that a new competition tool is needed: market investigations. This tool allows authorities to intervene in markets which do not function as they should, due to market features such as network effects, scale economies, switching costs, and behavioural biases. The book explains the role of market investigations, assesses their use in the few jurisdictions where they exist, and discusses how they should be designed. In so doing, it provides an invaluable and timely instrument to both practitioners and academics. Full Product DetailsAuthor: Massimo Motta (Universitat Pompeu Fabra, Barcelona) , Martin Peitz (Universität Mannheim, Germany) , Heike Schweitzer (Humboldt-Universität zu Berlin)Publisher: Cambridge University Press Imprint: Cambridge University Press Dimensions: Width: 15.70cm , Height: 2.50cm , Length: 23.50cm Weight: 0.740kg ISBN: 9781316513163ISBN 10: 1316513165 Pages: 300 Publication Date: 06 January 2022 Audience: College/higher education , Tertiary & Higher Education Format: Hardback Publisher's Status: Active Availability: Manufactured on demand  We will order this item for you from a manufactured on demand supplier. Table of Contents1. Market investigations in the EU: A road map Massimo Motta, Martin Peitz, and Heike Schweitzer; 2. Intervention triggers and underlying theories of harm Massimo Motta and Martin Peitz; 3. A European market investigation: Institutional set up and procedural design Heike Schweitzer; 4. The integration of wide and narrow market investigations in EU economic law Pierre Larouch and Alexandre de Streel; 5. Market investigations in the UK and beyond Richard Whish; 6. Market inquiries in South Africa: Meeting big expectations? Trembinkosi Bonakele, Reena das Nair, and Simon Roberts; 7. An Economic evaluation of the EC's proposed “New competition tool” Gregory Crawford, Patrick Rey, and Monika Schnitzer; 8. Market investigations for digital platforms: Panacea or complement? Amelia Fletcher.ReviewsAuthor InformationMassimo Motta is the author of Competition Policy: Theory and Practice (Cambridge University Press, 2004), and the co-author of Exclusionary Practices. The Economics of Monopolisation and Abuse of Dominance (Cambridge University Press, 2018). He was the Chief Competition Economist of the European Commission from 2013 to 2016. Martin Peitz is the co-author of Industrial Organization: Markets and Strategies (Cambridge University Press, 2nd edition 2015) and The Economics of Platforms: Concepts and Strategy (Cambridge University Press, 2021). He is Co-Director of the Mannheim Centre for Competition and Innovation (MaCCI). Heike Schweitzer was one of three special advisors to Commissioner Vestager on future challenges of digitisation for competition policy and co-authored the report on Competition policy for the digital era. She co-chaired the German governmental Commission Competition Law 4.0 and advised the German Economic Ministry on the reform of the regime of abuse control in the context of the 10th amendment to the German Competition Law. Tab Content 6Author Website:Countries AvailableAll regions |
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