BOOKS: NEVO Hila, Intersentia, 2015, 277 p.

Definition of the Relevant Market – (Lack of) Harmony between Industrial Economics and Competition Law, Hila NEVO

Hila Nevo

This section selects books on themes related to competition laws and economics. This compilation does not attempt to be exhaustive but rather a survey of themes important in the area. The survey usually covers publication over the last three months after publication of the latest issue of Concurrences. Publishers, authors and editors are welcome to send books to stephane.rodrigues-domingues@univ-paris1.fr for review in this section.

After insisting on, in its introduction, the increasing role of Economics in EU Competition Policy, the first chapters of the book of Hila Nevo are focusing on the concept of Market Power and on the Market Definition exercise, before reviewing the main Quantitative Techniques of Analysis (Schock Analysis, Similarity of Price Level, Price Correlation Analysis, Trade Flows, Demand Analysis, Critical Loss Analysis, etc.) and some leading cases (from United Brands to Blackstone/Acetex). In conclusion the author is trying to answer to two key questions: Is the European Commission’s Practice Sufficiently Guided by Sound Economic Theory? Do Decisions in Real-Life Cases under European Competition Law Utilise all relevant Empirical Measures?

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Stéphane Rodrigues, Definition of the Relevant Market – (Lack of) Harmony between Industrial Economics and Competition Law, Hila NEVO, May 2015, Concurrences Review N° 2-2015, Art. N° 72624, p. 235

Editor Intersentia Ltd

Date 30 December 2014

Number of pages 280

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