Comparative Competition Policy


Comparative Competition Policy

9781785363580 Edward Elgar Publishing
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
Publication Date: 2020 ISBN: 978 1 78536 358 0 Extent: c 1,912 pp
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.

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Critical Acclaim
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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.
Critical Acclaim
‘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

Volume I
Acknowledgements viii
Introduction: Comparative Competition Policy – an Anthology of Recent Articles
Susan Beth Farmer xi

1. Inara Scott (2016), ‘Antitrust and Socially Responsible
Collaboration: A Chilling Combination?’, American Business Law
Journal, 53 (1), Spring, 97–144 2
2. D. Daniel Sokol (2015), ‘Tensions between Antitrust and Industrial
Policy’, George Mason Law Review, 22 (5), 1247–68 50
3. Harry First and Eleanor M. Fox (2015), ‘Philadelphia National
Bank, Globalization, and the Public Interest’, Antitrust Law Journal,
80 (2), 307–51 72
4. Mel Marquis (2015), ‘Idea Merchants and Paradigm Peddlers in
Global Antitrust’, Pacific McGeorge Global Business and
Development Law Journal, 28, 155–208 117
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, May, 1–54 171
6. Paul Nihoul (2012), ‘Freedom of Choice: The Emergence of a
Powerful Concept in European Competition Law’, Concurrences
Review, 3, 55–70 225
7. Abbott B. Lipsky, Jr. (2009), ‘Managing Antitrust Compliance
through the Continuing Surge in Global Enforcement’, Antitrust
Law Journal, 75 (3), 965–95 241
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, 185–216 272
9. Oliver Budzinski (2008), ‘Monoculture versus Diversity in
Competition Economics’, Cambridge Journal of Economics, 32 (2),
March, 295–324 304
10. Spencer Weber Waller (1994), ‘Neo-Realism and the International
Harmonization of Law: Lessons from Antitrust’, Kansas Law
Review, 42 (3), Spring, 557–604 334

11. Niklas Horstmann, Jan Krämer and Daniel Schnurr (2018),
‘Number Effects and Tacit Collusion in Experimental Oligopolies’,
Journal of Industrial Economics, 66 (3), September, 650–700 383
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, 53–113 434
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), 1103–26 495
14. Eleanor M. Fox (2014), ‘Monopolization and Abuse of Dominance:
Why Europe is Different’, Antitrust Bulletin, 59 (1), Spring, 129–52 519
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, 385–422 543
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), 951–73 581
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), 899–928 604
18. Avishalom Tor (2010), ‘Unilateral, Anticompetitive Acquisitions of
Dominance or Monopoly Power’, Antitrust Law Journal, 76 (3),
847–72 634
19. Ariel Ezrachi and David Gilo (2008), ‘Are Excessive Prices Really
Self-Correcting?’, Journal of Competition Law and Economics, 5
(2), 249–68 660
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),
267–351 680
21. Michal S. Gal (2007), ‘The “Cut and Paste” of Article 82 of the EU
Treaty in Israel: Conditions for a Successful Transplant’, European
Journal of Law Reform, 9 (3), 467–84 765

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), 405–34 784
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, 579–615 814
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 EU and Brazilian
Competition Law’, Competition Policy International, 9 (1), Spring,
1–16 851
25. Vincent Verouden (2003), ‘Vertical Agreements and Article 81 (1)
EC: The Evolving Role of Economic Analysis’, Antitrust Law
Journal, 71 (2), 525–75 867


Volume II

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

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 2
2. John M. Connor (2015), ‘The Rise of ROW Anti-Cartel
Enforcement’, CPI Antitrust Chronicle, 1, September, 1–11 64
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 75
4. Wouter P. J. Wils (2012), ‘Recidivism in EU Antitrust Enforcement:
A Legal and Economic Analysis’, World Competition, 35 (1), 5–26 89
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, 1–13 111
6. Michal S. Gal (2010), ‘Free Movement of Judgments: Increasing
Deterrence of International Cartels through Jurisdictional Reliance’,
Virginia Journal of International Law, 51 (1), 57–94 126
7. Julian M. Joshua, Peter D. Camesasca and Youngjin Jung (2008),
‘Extradition and Mutual Legal Assistance Treaties: Cartel
Enforcement’s Global Reach’, Antitrust Law Journal, 75 (2),
353–97 164
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), 801–52 209
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), 819–46 261
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, 361–405 289

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), 323–54 335
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, 365–95 367

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,
1884–903 399
14. David Reader (2016), ‘Accommodating Public Interest
Considerations in Domestic Merger Control: Empirical Insights’,
Working Paper, 1–80 419
15. Fei Deng and Su Sun (2015), ‘The Role of Economics in Chinese
Merger Appraisal’, Journal of Antitrust Enforcement, 3 (1), 92–107 500
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,
59–99 516
17. Antonio Capobianco, John Davies and Sean F. Ennis (2016),
‘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, January, i–v, 1–20 557
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, 1–30 583
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, 453–97 614
20. D. Daniel Sokol (2013), ‘Merger Control under China’s Anti-
Monopoly Law’, New York University Journal of Law and Business,
10 (1), Fall, 1–36 659
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, 61–124 695
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, 622–40 759
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), 471–88 778
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, 457–68 796

25. Michal S. Gal and Thomas K. Cheng (2016), ‘Aggregate
Concentration: A Study of Competition Law Solutions’, Journal of
Antitrust Enforcement, 4 (2), October, 282–322 809
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, 15–41 850
27. Anca D. Chirita (2015), ‘The Judicial Review of the European
Union Industrial Cartels’, Zeitschrift für Europarechtliche Studien,
18 (4), 407–41 877
28. Edward D. Cavanagh (2010), ‘The Private Antitrust Remedy:
Lessons from the American Experience’, Loyola University
Chicago Law Journal, 41 (3), Spring, 629–49 912
29. Bruce Wardhaugh (2014), ‘Bogeymen, Lunatics and Fanatics:
Collective Actions and the Private Enforcement of European
Competition Law’, Legal Studies, 34 (1), 1–23 933

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