A PYMNTS Company

Introduction To The Book On “Economic Analysis In EU Competition Policy”

 |  November 22, 2021
Economic

By Pier Luigi Parcu & Marco Botta (European University Institute), Giorgio Monti (Tilburg Law and Economics Center)

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    Subscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The introductory chapter provides an overview of the structure and content of the book. In addition, it points out the emerging trends on the role of economic analysis in EU competition policy identified in the following chapters of the book. First of all, the book analyses the jurisprudence of the EU Court of Justice, which recently has become more supportive of an effect-based analysis in EU competition policy. Secondly, the volume discusses the challenges of applying economic analysis in the digital economy. Third, the book discusses economic methods to estimate damages in cases of private enforcement of EU competition law. Finally, the book analyses the challenges faced by judges in reviewing the economic evidence relied by competition agencies in their decisions and how these may be overcome.

    Continue Reading…