The OECD holds a roundtable on presenting complex economic theories to judges

Executive summary, by the Secretariat Considering the discussion at the roundtable and the member submissions, a number of key points emerge: (1) Modern antitrust enforcement should be based on a clear and objective assessment of effects as identified or measured by sound economic analysis. The antitrust community recognises that maximisation of consumer welfare is best achieved by a competition policy centred on the analysis of the likely effects of firms’ conduct. It also acknowledges that effects analysis should be solidly grounded in economics. The growing acceptance of the importance of economics has been reflected not just in the enforcement practice of national competition agencies but also in the attitude of the courts. In particular, there have been increasing demands for

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  • OECD - Competition Division

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OECD, The OECD holds a roundtable on presenting complex economic theories to judges, 1 February 2008, e-Competitions Bulletin Commitment Decisions, Art. N° 85664

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