The ECJ ruling on "Cartes Bancaires"
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Francesco Rosati
RBB Economics (Brussels)
Economist (Partner)
Francesco Rosati advises clients on all aspects of the economics of competition law. His practice focuses primarily on cases before the European Commission and the French Competition Authorities, but has substantial experience in a number of other jurisdictions, as well as in court and arbitration proceedings. He has worked on a number high profile investigations of mergers, anticompetitive agreements, abuses of dominance, preparing expert reports and presenting economic analysis to the authorities, including at public Hearings. Francesco has worked for clients in a range of different industries, such as media, electronics, mobile telephony, healthcare, tobacco, retail banking, transport, petroleum products, computer software, engineering, construction products, and a range of branded and unbranded consumer goods. Clients he has worked for include British Airways, Ericsson, Heineken, Lagardère, Panasonic, Procter & Gamble, Royal Canin, Schneider Electric and Shell. He holds an MSc in Economics from the London School of Economics and a PhD in Theoretical Physics from the University of Rome. He is fluent in English, French and Italian (both spoken and written).
Distinctions
Linked authors
Petr Janda
RBB Economics
Assimakis Komninos
White & Case (Brussels)
Ioannis Lianos
University College London
Philippe Choné
ENSAE Paris-Tech
Geoffrey D. Oliver
Jones Day (Washington DC)
Florence Ninane
Allen & Overy (Paris)
Hendrik Bourgeois
Cargill (Brussels)
Niamh McCarthy
International Airlines Group (IAG)
2320 | Conferences
The ECJ ruling on "Cartes Bancaires"
See documents
Articles
21647 Bulletin
3552
Introduction On 15 April 2008, the French Minister of Economy (hereafter, the Minister) cleared the proposed acquisition by Société Française du Radiotéléphone (SFR) of a majority share of Neuf Cegetel, subject to remedies. The transaction raised conglomerate issues in the markets for broadband (...)
6080
On 19 December 2007 the French Minister of Economy, Finance and Employment (hereafter “the Minister”) cleared, after a “Phase I” investigation, the acquisition by the group LVMH of Les Echos S.A., publisher of the leading business newspaper Les Echos and of magazines specialised in economic and (...)
6165
Introduction On 10 September 2007 the French Minister of Economy, Finances and Employment (hereafter the “Minister”) cleared the creation by Spir Communication and Schibsted ASA of a jointly owned company, subject to behavioural commitments (Decision C2007/19, hereafter “the Decision”). The new (...)
80
Introduction 1. In a number of recent merger cases authorities have applied concepts from the economic theory of “two-sided” markets . Indeed, the new French merger guidelines devote one section to this type of cases. It is often claimed that mergers in such markets require a specific (...)
5770
Introduction On 20 October 2006, the French Competition Council recommended that the proposed acquisition of Marine Harvest NV by Pan fish ASA be cleared, subject to remedies. The main competitive concern raised by the proposed transaction related to potential unilateral effects in the (...)
33719 Review
1342
The practice of electronic reverse auctions is covered in France since the Law of August 2, 2005 (“Loi Dutreil”), slightly modified by a Law of January 3, 2008, and introduced in our commercial code under the Article L 442-10. This Article provides for the conditions of validity of the contract (...)
1625
Firms often choose to sell several products as a bundle, associated with a rebate. In other cases, they offer rebates to those clients who commit to buy their products for a long period of time, or for a high volume. In many cases, these various rebates only pass on to consumers the economies (...)
2425
This set of three papers are derived from the training session on the “Passing on defence” organized by Concurrences Review that has held on 5th July 2011 in Paris. The first contribution written by the economist Emmanuel Combe is dedicated to the definition of the fundamental notions. The second (...)
2789
This set of three papers is derived from the training session on the supplier-distributor relationships organised by Concurrences Review that has held on 22th October 2010 in Paris. The first contribution written by Mr.Joseph Vogel and Mr. Louis Vogel, is dedicated to the consideration of the (...)
1868
This 4th roundtable of the Paris 27 May 2010 conference was dedicated to the issue of agency. The application of the prohibition of restrictive agreements to agency agreements remains particularly tricky to deal with. The European Commission applying its theory elaborated throughout its (...)
4170
The assessment and quantification of the (price) effects of cartels plays an increasingly important role not only in the setting of fines in actual cases but also in policy discussions, both on the European and on the national level. Competition policy aimed at achieving optimal cartel (...)
6717
Quelles sont les conséquences pour les entreprises de la Communication de la Commission concernant l’article 82 du Traité ? Rend-elle l’action de la Commission plus prévisible ? L’utilisation de nombreux critères économiques réduit-elle le risque que les pratiques pro-concurrentielles des entreprises (...)
7083
We argue that a rigorous assessment of coordinated conduct must be based on a clear and coherent theory of competitive harm. Crucially, this holds for the assessment of the object as well as for the analysis of the effects of the alleged infringement. At a minimum, this theory needs to show how (...)
5700
The economic theory of two-sided markets has been applied by competition authorities in a number of recent merger cases and is explicitly discussed in the new French merger guidelines. It is often claimed that two-sided markets, which may be found in industries as diverse as media, game (...)
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