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The Concept of the Relevant Product Market: Between Demand-Side Substitutability and Supply-Side Substitutability in Competition Law
Contributor(s): Säcker, F. J. (Editor), Säcker, Franz Jürgen (Author)
ISBN: 3631579349     ISBN-13: 9783631579343
Publisher: Peter Lang Gmbh, Internationaler Verlag Der W
OUR PRICE:   $48.74  
Product Type: Paperback
Published: June 2008
Qty:
Temporarily out of stock - Will ship within 2 to 5 weeks
Additional Information
BISAC Categories:
- Law | Business & Financial
- Business & Economics | Economic History
Dewey: 340.11
LCCN: 2008500304
Series: Veroeffentlichungen Des Instituts Fuer Deutsches Und Europae
Physical Information: 168 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
The proper definition of the relevant product market still is the lynchpin of competition law: defining the market too wide makes it impossible to capture the companies' behavioural margins that are the result of market power and are not neutralized by competition; defining the market too narrow creates market power and forces undertakings under the application of Art. 82 EC, Art. 2 ECMR, 19 German Competition Act. In European and German competition law the aspect of demand-side substitutability has been the most important criterion. The meaning of potential competition and especially of supply-side substitutability has not been systematically grasped. The book therefore re-thinks the relevant questions of proper market definition.