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Comparative Competition Policy

Edited by Susan Beth Farmer, Professor of Law, Affiliate Professor at School of International Affairs and McQuaide Blasko Faculty Scholar, Penn State Law, Pennsylvania State University, Pennsylvania, US
This essential two-volume collection presents leading articles covering the breadth of comparative competition law. The set comprehensively examines the theories behind competition, the issues surrounding the abuse of dominance or monopolization and the vertical restraints of trade, as well as cartels, non-cartels and mergers along with an insight into practice and procedures. Together with an original introduction by the editor, the articles in this collection provide an invaluable window into scholarly and professional reflection on this diverse subject.
Two volume set
Extent: c 1,912 pp
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Publication Date: May 2020
ISBN: 978 1 78536 358 0
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  • Law - Academic
  • Comparative Law
  • Competition and Antitrust Law
This essential two-volume collection presents leading articles covering the breadth of comparative competition law. The set comprehensively examines the theories behind competition, the issues surrounding the abuse of dominance or monopolization and the vertical restraints of trade, as well as cartels, non-cartels and mergers along with an insight into practice and procedures. Together with an original introduction by the editor, the articles in this collection provide an invaluable window into scholarly and professional reflection on this diverse subject.
‘This collection of articles edited by Professor Susan Beth Farmer offers a wide range of specialist comparative studies of EU competition law and US antitrust law. In a world increasingly influenced by the two legal models, this access to an in depth analysis of specific components of almost the entire field of competition policy is a valuable and exceptional addition to the literature.’
– Steven Anderman, Emeritus Professor of Law, University of Essex, UK
54 articles, dating from 1994 to 2018
Contributors include: A. Ezrachi, E.M. Fox, M.S. Gal, D. Geradin, D.J. Gerber, A. Jones, W.E. Kovacic, D.D. Sokol, S.W. Waller, W.P.J. Wils
Contents:

Volume I

Acknowledgements

Introduction Susan Beth Farmer

PART I COMPETITION THEORY [380 pp]

1. Inara Scott (2016), ‘Antitrust and Socially Responsible Collaboration: A Chilling Combination?’, American Business Law Journal, 53 (1), 97–144 [48]

2. D. Daniel Sokol (2015), ‘Tensions between Antitrust and Industrial Policy’, George Mason Law Review, 22 (5), 1247–68 [22]

3. Harry First and Eleanor Fox (2015), ‘Philadelphia National Bank, Globalization, and the Public Interest’, Antitrust Law Journal, 80 (2), 307–51
[45]

4. Mel Marquis (2015), ‘Idea Merchants and Paradigm Peddlers in Global Antitrust’, Pacific McGeorge Global Business and Development Law Journal, 28, 155–208 [54]

5. John Temple Lang (2014), ‘After Fifty Years – What is Needed for a Unified European Competition Policy?’, 21st St. Gallen International Competition Law Forum ICF, 2014, 1–54 [54]

6. Paul Nihoul (2012), ‘Freedom of Choice: The Emergence of a Powerful Concept in European Competition Law’, Concurrences Review, 3, 55–70 [16]

7. Abbott B. Lipsky, Jr., (2009), ‘Managing Antitrust Compliance Through the Continuing Surge in Global Enforcement’, Antitrust Law Journal, 75 (3), 965–95 [31]

8. Susan Beth Farmer (2007), ‘Global Competition Implications for Enforcement’, in Larry Catá Baker (ed.), Harmonizing Law in an Era of Globalization: Convergence, Divergence, and Resistance, Chapter 9, Durham, NC, USA: Carolina Academic Press, 185–216 [32]

9. Oliver Budzinski (2008), ‘Monoculture versus Diversity in Competition Economics’, Cambridge Journal of Economics, 32 (2), March, 295–324 [30]

10. Spencer Weber Waller (1994), ‘Neo-Realism and the International Harmonization of Law: Lessons from Antitrust’, Kansas Law Review, 42 (3), Spring, 557–604 [48]


PART II ABUSE OF DOMINANCE / MONOPOLIZATION [400 pp]

11. Niklas Horstmann, Jan Krämer and Daniel Schnurr (2018), ‘Number Effects and Tacit Collusion in Experimental Oligopolies’, Journal of Industrial Economics, 66 (3), September, 650–700 [51]

12. Christian Bergqvist (2017), ‘Where Do We Stand on Discounts? A Danish Perspective’, in Where Do We Stand on Discounts? A Nordic Perspective, Chapter 2, Copenhagen, Denmark: Ex Tuto Publishing, 53–113 [61]

13. Yong Huang, Elizabeth Xiao-Ru Wang and Roger Xin Zhang (2015), ‘Essential Facilities Doctrine and Its Application in Intellectual Property Space Under China/s Anti-Monopoly Law’, George Mason Law Review, 22 (5), 1103–26 [24]

14. Eleanor M. Fox (2014), ‘Monopolization and Abuse of Dominance: Why Europe is Different’, Antitrust Bulletin, 59 (1), Spring, 129–52 [24]

15. Michal S. Gal (2013), ‘Abuse of Dominance – Exploitative Abuses’, in Ioannis Lianos and Damien Geradin (eds), Handbook on European Competition Law: Substantive Aspects, Chapter 9, Cheltenham, UK and Northampton, MA, USA: Edward Elgar Publishing, 385–422 [38]

16. David J. Gerber (2010), ‘Convergence in the Treatment of Dominant Firm Conduct: the United States, the European Union, and the Institutional Embeddedness of Economics’, Antitrust Law Journal, 76 (3), 951–73 [23]

17. Michal S. Gal and A. Jorge Padilla (2010), ‘The Follower Phenomenon: Implications for the Design of Monopolization Rules in a Global Economy’, Antitrust Law Journal, 76 (3), 899–928 [30]

18. Avishalom Tor (2010), ‘Unilateral Anticompetitive Acquisitions of Dominance of Monopoly Power’, Antitrust Law Journal, 76 (3), 847–72 [26]

19. Ariel Ezrachi and David Gilo (2009), ‘Are Excessive Prices Really Self-Correcting?’, Journal of Competition Law and Economics, 5 (2), 249–68 [20]

20. A. Neil Campbell and J. William Rowley (2008), ‘The Internationalization of Unilateral Conduct Laws – Conflict, Comity, Cooperation and/or Convergence?’, Antitrust Law Journal, 75 (2), 267–351 [85]

21. Michal S. Gal (2007), ‘The “Cut and Paste” of Article 82 of the EC Treaty in Israel: Conditions for a Successful Transplant’, European Journal of Law Reform, 9 (3), 467–84 [18]


PART III VERTICAL RESTRAINTS OF TRADE [134 pp]

22. Wouter P. J. Wils (2014), ‘The Judgment of the EU General Court in Intel and the So-Called 'More Economic Approach to Abuse of Dominance’, World Competition, 37 (4), 405–34 [30]

23. Damien Geradin (2015), ‘Loyalty Rebates after Intel: Time for the European Court of Justice to Overrule Hoffman-La Roche’, Journal of Competition Law and Economics, 11 (3), September, 579–615 [37]

24. Damien Geradin and Caio Mario da Silva Pereira Neto (2013), ‘For a Rigorous “Effects-Based” Analysis of Vertical Restraints Adopted by Dominant Firms: A Comparison of the EU and Brazilian Competition Law’, Competition Policy International, 9 (1), Spring, 1–16 [16]

25. Vincent Verouden (2003), ‘Vertical Agreements and Article 81 (1) EC: The Evolving Role of Economic Analysis’, Antitrust Law Journal, 71 (2), 525–75 [51]




Volume II


Acknowledgements


Introduction An introduction to both volumes by the editor appears in Volume I


PART I CARTELS [330 pp]

1. Wouter P. J. Wils (2016), ‘The Use of Leniency in EU Cartel Enforcement: An Assessment After Twenty Years’, World Competition, 39 (3), 327–88 [62]

2. John M. Connor (2015), ‘The Rise of ROW Anti-Cartel Enforcement’, CPI Antitrust Chronicle, 1, September, 1–11 [11]

3. Joseph E. Harrington Jr., Kai Hüschelrath, Ulrich Laitenberger and Florian Smuda (2015), ‘The Discontent Cartel Member and Cartel Collapse: The Case of the German Cement Cartel’, International Journal of Industrial Organization, 42, September, 106–19 [14]

4. Wouter P. J. Wils (2012), ‘Recidivism in EU Antitrust Enforcement: A Legal and Economic Analysis’, World Competition, 35 (1), 5–26 [22]

5. Amedeo Arena (2011), ‘Game Theory as a Yardstick for Antitrust Leniency Policy: The US, EU, and Italian Experiences in a Comparative Perspective’, Global Jurist, 11 (1), March, 1–13 [13]

6. Michal S. Gal (2010), ‘Free Movement of Judgments: Increasing Deterrence of International Cartels Though Jurisdictional Reliance’, Virginia Journal of International Law, 51 (1), 57–94 [38]

7. Julian M. Joshua, Peter D. Camesasca and Youngjin Jung (2011), ‘Extradition and Mutual Legal Assistance Treaties: Cartel Enforcement’s Global Reach’, Antitrust Law Journal, 75, 353–97 [45]

8. Margaret Levenstein and Valerie Y. Suslow (2004), ‘Contemporary International Cartels and Developing Countries: Economic Effects and Implications for Competition Policy’, Antitrust Law Journal, 71 (3), 801–52 [52]

9. Barbara J. Alexander (2003), ‘The Impact of Exchange Rate Levels and Changes on International Cartels: Implications for Liability and Overcharges’, Antitrust Law Journal, 70 (3), 819–46 [28]

10. William E. Kovacic (2000), ‘Lessons of Competition Policy Reform in Transition Economies for U.S. Antitrust Policy’, St. John’s Law Review, 74 (2), Spring, 361–405 [45]


PART II HORIZONTAL NON-CARTEL AGREEMENTS [63 pp]

11. Thomas K. Cheng (2017), ‘The Meaning of Restriction of Competition Under the Monopolistic Agreements Provisions of the PRC Anti-Monopoly Law’, World Competition, 40 (2), 323–54 [32]

12. Björn Lundqvist (2015), ‘Competition Law as the Limit to Standard-Setting’, in Josef Drexl and Fabiana di Porto (eds), Competition Law as Regulation, Chapter 13, Cheltenham, UK and Northampton, MA, USA: Edward Elgar Publishing, 365–95 [31]


PART III MERGERS [408 pp]

13. Joseph A. Clougherty, Tomaso Duso, Miyu Lee and Jo Seldeslachts (2016), ‘Effective European Antitrust: Does EC Merger Policy Generate Deterrence?’, Economic Inquiry, 54 (4), October, 1884–903 [20]

14. David Reader (2016), ‘Accommodating Public Interest Considerations in Domestic Merger Control: Empirical Insights’, Working Paper, 1–82 [82]

15. Fei Deng and Su Sun (2015), ‘The Role of Economics in Chinese Merger Appraisal’, Journal of Antitrust Enforcement, 3 (1), 92–107 [16]

16. Anca D. Chirita (2016), ‘Procedural Rights in EU Administrative Competition Proceedings: Ex Ante Mergers’, in Caroline Cauffman and Qian Hao (eds), Procedural Rights in Competition Law in the EU and China, Berlin and Heidelberg, Germany: Springer-Verlag, 59–99 [41]

17. Antonio Capobianco, John Davies and Sean F. Ennis (2014), ‘Implications of Globalisation for Competition Policy: The Need for International Cooperation in Merger and Cartel Enforcement’, E15 Expert Group on Competition Policy and the Trade System: Think Piece, Geneva, Switzerland: International Centre for Trade and Sustainable Development and Cologny and Geneva, Switzerland: World Economic Forum, i-v, 1–20 [25]

18. William E. Kovacic, Petros C. Mavroidis and Damien J. Neven (2014), ‘Merger Control Procedures and Institutions: A Comparison of the EU and US Practice’, European University Institute, Robert Schuman Centre for Advanced Studies: Global Governance Programme – 84, Working Paper No. 2014/20, 1–30 [30]

19. Alison Jones and John Davies (2014), ‘Merger Control and the Public Interest: Balancing EU and National Law in the Protectionist Debate’, European Competition Journal, 10 (3), December, 453–97 [45]

20. D. Daniel Sokol (2013), ‘Merger Control under China's Anti-Monopoly Law’, New York University Journal of Law and Business, 10 (1), Fall, 1–36 [36]

21. Michal S. Gal (2012), ‘Merger Policy for Small and Micro Jurisdictions’, in Konkurrensverket: Swedish Competition Authority (eds), More Pros and Cons of Merger Control, Chapter 3, Stockholm, Sweden: Swedish Competition Authority, 61–124 [64]

22. Ariel Ezrachi (2006), ‘Merger Control and Cross-Border Transactions: A Pragmatic View on Cooperation, Convergence and What is in between’, in Philip Marsden (ed.), Handbook of Research in Trans-Atlantic Antitrust, Chapter 24, Cheltenham, UK and Northampton, MA, USA: Edward Elgar Publishing, 622–40 [19]

23. Eleanor M. Fox (2002), ‘U.S. and European Merger Policy – Fault Lines and Bridges: Mergers that Create Incentives for Exclusionary Practices’, George Mason Law Review, 10 (3), 471–88 [18]

24. Eleanor M. Fox (2002), ‘Mergers in Global Markets: GE/Honeywell and the Future of Merger Control’, University of Pennsylvania Journal of International Economic Law, 23 (3), Fall, 457–68 [12]


PART IV COMPETITION PRACTICE AND PROCEDURES [147 pp]

25. Michal S. Gal and Thomas K. Cheng (2016), ‘Aggregate Concentration: A Study of Competition Law Solutions’, Journal of Antitrust Enforcement, 4 (2), October, 282–322 [41]

26. Alison Jones (2016), ‘Private Enforcement of EU Competition Law: A Comparison with, and Lessons from, the US’, in Maria Bergström, Marios Iacovides and Magnus Strand (eds), Harmonising EU Competition Litigation: The New Directive and Beyond, Part I, Chapter 2, Oxford, UK and Portland, OR, USA: Hart Publishing, 15–41 [27]

27. Anca D. Chirita (2015), ‘The Judicial Review of the European Union Industrial Cartels’, Zeitschrift für Europarechtliche Studien, 18 (4), 407–41 [35]

28. Edward D. Cavanagh (2010), ‘The Private Antitrust Remedy: Lessons from the American Experience’, Loyola University Chicago Law Journal, 41 (3), Spring, 629–49 [21]

29. Bruce Wardhaugh (2014), ‘Bogeymen, Lunatics and Fanatics: Collective Actions and the Private Enforcement of European Competition Law’, Legal Studies, 34 (1), 1–23 [23]

Index