Search results - Concurrences

1 Feb 2019

Peru : Competition law enforcement - Reaching maturity

Andres Calderon Lopez • N° 1-2019 • pp. 228-233

This article describes the most recent changes and trends in Peru’s competition law enforcement. After presenting an overview of Peru’s competition law and policy, the author depicts the evolution of Indecopi (Peru’s competition authority) in its fight against horizontal collusion and shows (...)

1 Feb 2019

Turkey: Innovation-based analysis of mergers

Gönenç Gürkaynak, Naz Topaloglu • N° 1-2019

Innovation can either be viewed by the competition authorities as a parameter that should be protected from the potential negative effects of a transaction, or it can be utilized by the merging parties as part of a defense argument to set off against or abate the anti-competitive concerns (...)

1 Feb 2019

Qing LI (SAMR): The implementation of fair competition review system in China

Qing Li, Wei Tan • N° 1-2019

Interview conducted by Dr. Wei Tan, Managing Director, Mingde Economic Research Inc., Washington, D.C. Can you explain the reason why the Chinese government wants to establish a fair competition review system? The Fair Competition Review Mechanism (FCRM) is a significant decision for Chinese (...)

1 Feb 2019

A Framework for European Competition Law. Co-ordinated Diversity, Christophe TOWNLEY

Stéphane Rodrigues • N° 1-2019 • p. 246

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 (...)

1 Jan 2019

Frédéric Jenny Liber Amicorum PART II: Economics and Antitrust
Merger Efficiencies and Competition Policy

107 PART II Economics and Antitrust Frédéric Jenny | Standing Up for Convergence and Relevance in Antitrust - Liber Amicorum -Volume I 109 Merger Efficiencies and Competition Policy F. M. S cherer * Harvard University Abstract This paper, revised in honor of Frédéric Jenny from an OECD (...)

9 nov. 2018

Nouvelle Calédonie : L’Autorité de la concurrence de la Nouvelle-Calédonie, consultée pour avis sur la réglementation qui fonde le protectionnisme économique calédonien, cherche à concilier les principes de libre concurrence qu’elle est chargée d’appliquer et la protection de l’industrie locale voulue par les pouvoirs publics dans une optique de plus grande efficacité économique et de baisse des prix (Modernisation de la règlementation relative aux protections de marché en Nouvelle-Calédonie ; Avant-projet de loi du pays portant régulation du marché et diverses dispositions d’ordre économique et fiscal)

Loïc Rochas • N° 1-2019 • pp. 222-226

L’Autorité de la concurrence de la Nouvelle-Calédonie (“l’ACNC”) mise en place le 2 mars 2018 a rapidement été amenée à constater des dysfonctionnements concurrentiels sur certains marchés liés à des mesures protectionnistes (“protections de marché”) adoptées par les pouvoirs publics calédoniens au profit (...)

1^er nov. 2018

Droit de la concurrence et droit de la compliance

Marie-Anne Frison-Roche • N° 4-2018 • pp. 1-4

Le droit de la compliance est une branche du droit nouvelle, encore en construction. L’on peut en avoir une “définition restreinte”, consistant à la concevoir comme l’obligation qu’ont les entreprises de donner à voir qu’elles se conforment en permanence et d’une façon active au Droit. L’on peut en (...)

27 Sep 2018

Dinner with Jean Tirole, Isabelle de Silva, Nils Wahl and Delphine Gény-Stephann

Antoine Chapsal, Antoine Winckler, Delphine Gény-Stephann, Isabelle de Silva, Jean Tirole, Nils Wahl, Pierre Cremieux

Dinner organised by Concurrences Review, Analysis Group and Cleary Gottlieb.

27 Sep 2018

Merger remedies and competition law: An overview of recent EU case law and international policy developments

Thomas Hoehn • Merger Remedies

Merger control remains an active area of antitrust enforcement in Europe as well as other parts of the world. The global merger boom of the last few years continues to raise significant challenges for enforcers, not least through the recent mega-mergers in the pharmaceuticals, agrochemical and (...)

1 Sep 2018

Turkey: Dynamic efficiency considerations in merger control analyses

Çağlagül Koz, Gönenç Gürkaynak, Naz Topaloglu • N° 3-2018

The final destination and the ultimate goal that we put forth in our article is that the Turkish Competition Board should include innovation considerations in its merger control analyses by employing dynamic tools. Accordingly, we contend that the Turkish Competition Board should “set its course (...)

1 Sep 2018

Riccardo FALCONI (Uber): Has digital economy disrupted competition law?

Riccardo Falconi, David Tayar, Katrin Schallenberg • N° 3-2018

Interview conducted by Katrin Schallenberg, Partner, Clifford Chance and David Tayar, Partner, Clifford Chance. Digital actors and platforms have been disrupting markets by bringing together innovation and scalability to unprecedented levels and by unlocking efficiencies in various sectors. (...)

1 Sep 2018

A Critical Account of Article 106(2) TFEU. Government Failure in Public Service Provision, Jarleth M. BURKE

Stéphane Rodrigues • N° 3-2018 • pp. 214-215

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 (...)

1^er sept. 2018

Populisme et concurrence

Frédéric Jenny, Jérôme Philippe • N° 3-2018

A l’heure où les autorités de concurrence font face à des remises en cause de nature populiste, il peut être remarqué qu’elles-mêmes ont en partie adopté une approche populiste en abandonnant le test du ’Bien-être’, qui constituait le fondement de leur légitimité, au profit du test du seul surplus du (...)

1 Sep 2018

Online and Offline Retailer Competition: New challenges for Competition Economists and Practitioners

Aaron Fix, Antoine Chapsal, Claudio Calcagno, Emily Cotton, Joshua White, Nikita Piankov • N° 3-2018

In this On-Topic we explore a number of competition issues that arise at the intersection of online and offline retail distribution. We first provide a brief overview of the effects of online distribution and the associated potential challenges for competition policy. In the first paper, we (...)

1 Aug 2018

The Italian Competition Authority unconditionally approves the creation of a cooperative banking group (Cassa Centrale Bancaria)

Michele Giannino • August 2018

Merger, notification, autohorisation, banking, market definition, : clearance Phase (I) merger, economic efficiency, high market shares, relevant market, By a recent decision the Italian Competition Authority (ICA) has unconditionally approved the creation of a cooperative banking group. The (...)

7 Jun 2018

The Luxembourg Competition Authority allows a price-fixing agreement between competitors as it provides efficiency gains in the taxi market (Webtaxi)

Louis Hollanders de Ouderaen, Philippe-Emmanuel Partsch, Thomas Evans • June 2018

In June 2018, the Luxembourg Competition Council published a decision regarding a cooperation between competitors involving price fixing, one of the most manifest and serious restrictions of competition. In the decision “Webtaxi”, the Competition Council found that a taxi reservation centre (...)

6 Jun 2018

The OECD holds a roundtable on considering non-price effects in merger control

OECD Competition Division • June 2018

1. Introduction 1. When firms compete, they make a range of decisions about the characteristics of their products. Consumers make purchasing decisions based on at least some of these characteristics, which determine the value they obtain from the product. Price is one such characteristic, but (...)

5 Jun 2018

The OECD holds a roundtable on designing and testing effective consumer-facing remedies

OECD Competition Division • June 2018

1. Introduction 1. The focus of the roundtable on effective consumer facing remedies is on how competition authorities and regulators can intervene in markets to make the demand-side work well, delivering benefits for consumers. It builds on work carried out by (...)

28 May 2018

Market concentration in the us and europe too many mergers ?

Adrien Giraud, David Foster, Szabolcs Lorincz

Law & Economics workshop organised by Concurrences Review in partnership with Latham & Watkins and Frontier Economics.

1 May 2018

The Normative Foundations of European Competition Law. Assessing the Goals of Antitrust through the Lens of Legal Philosophy, Oles ANDRIYCHUK

Julie Rondu • N° 2-2018 • pp. 241-242

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 (...)

28 Mar 2018

The Italian Competition Authority clears a horizontal cooperation agreement in the telecommunication sector by a commitment decision (Flash Fiber)

Michele Giannino • March 2018

In the Flash Fiber case the Italian Competition Authority (ICA) has closed by a commitment decision an Article 101 TFEU investigation into a horizontal cooperation agreement concerning the telecommunication sector. After the implementation of the commitments agreed with the parties, the ICA (...)

1 Feb 2018

Unfair prices: A few remarks on competition policy and antitrust analysis

Gabriella Muscolo, Giovanni Pitruzzella • N° 1-2018 • pp. 60-67

Recent antitrust intervention against unfair prices in the pharmaceutical industry by the Italian and UK competition authorities, as well as the answer of the European Court of Justice to preliminary questions from the Latvian Supreme Court, have breathed new life into the longstanding debate (...)

1^er févr. 2018

The EU Leniency Policy. Reconciling Effectiveness and Fairness, Baskaran BALASINGHAM

Athanase Popov • N° 1-2018 • pp. 243-244

Cette rubrique recense et commente les ouvrages et autres publications en droit de la concurrence, droit & économie de la concurrence et en droit de la régulation. Une telle recension ne peut par nature être exhaustive et se limite donc à présenter quelques publications récentes dans ces (...)

1^er févr. 2018

Contrôle des concentrations dans le secteur hospitalier : Focus sur les pratiques décisionnelles étrangères

Romain Ferla • N° 1-2018

Alors que l’Autorité de la concurrence vient de rendre sa première décision d’autorisation conditionnelle dans le secteur des soins hospitaliers, il est intéressant de se pencher sur les expériences étrangères de contrôle des concentrations dans ce secteur si particulier et si sensible. Le présent (...)

1 Feb 2018

Institutional design of enforcing public interest considerations in merger control

Aranka Nagy • N° 1-2018

The author analyses whether or not competition policy should aim to achieve non-competition-related goals. Should other considerations than consumer welfare be taken into account in the standard merger assessment? Furthermore, the author examines how competition regimes can meet the public (...)

9 Jan 2018

The Turkish Competition Board concludes its preliminary investigation into possible abusive pricing policies in the furnishing sector (Doğtaş Kelebek Mobilya / Yataş Yorgan ve Yatak)

Gönenç Gürkaynak • January 2018

Introduction On January 9 2018 the Competition Board published a reasoned decision dated September 27 2017 (17-30/487-211) following its preliminary investigation into allegations by Doğtaş Kelebek Mobilya San ve Tic AŞ that Yataş Yorgan ve Yatak San ve Tic AŞ had violated Article 4 of Law 4054 on (...)

1 Nov 2017

China: Ten years of Anti-Monopoly Law - Its review and prospect

Wan Jiang • N° 4-2017

China AML was promulgated ten years ago. The prospective of China AML appeared limited but steady progress in competition policy, legal system, enforcement, international cooperation and so on. This essay looked back past decade of China AML and provided some predictions and expectations. 1. (...)

1^er nov. 2017

Innovation et concurrence : Les concentrations favorisent-elles l’innovation ? (New Frontiers of Antitrust - Paris, 26 June 2017)

Isabelle de Silva, Justus Haucap • N° 4-2017

La question de savoir comment les concentrations altèrent l’innovation a acquis de l’importance dans un certain nombre de fusions récentes. Tenir compte des effets probables des fusions sur l’innovation est cependant difficile pour un certain nombre de raisons. D’abord, la relation entre la (...)

1 Nov 2017

Should antitrust policy protect new entrants?

Liza Lovdahl Gormsen • N° 4-2017

The question if antitrust policy should protect new entrants is related to the schism between “protection of competition” and “protection of competitors” in Article 102 TFEU. As it was not always clear that the aim of Article 102 TFEU was consumer welfare, the US claimed that the EU was not (...)

1 Nov 2017

Fairness and competition law: A fairness paradox

Maurits Dolmans, Wanjie Lin • N° 4-2017

“Fairness” in EU competition law is hotly debated. This article explores the concept from a sociological, philosophical, and legal perspective, and suggests there is a fairness paradox: while competition law should reflect the values of fairness, if fairness were actually employed in substantive (...)

1 Nov 2017

Tommaso VALLETTI (DG COMP): Economics in competition law - Working together

Benoît Durand, Tommaso Valletti • N° 4-2017 • pp. 11-15

Tommaso Valletti, Chief Competition Economist at the DG COMP since september 2016, assesses the role of the chief competition economist (CEE) and the necessary interaction between economics and competition law in this interview conducted by Benoît Durand, RBB Economics, Brussels. The chief (...)

31 Oct 2017

Buyer Power in EU Competition Law Chapter 7. Exploitative Buyer Power

Ignacio Herrera Anchustegui

I. Herrera Anchustegui — Buyer Power in EU Competition Law 3017 EXPLOITATIVE BUYER POWER I. Introduction The exploitation of buyer power implies imposing purchasing conditions to the detriment of suppliers and the benefit of the buyer, which are typically but not exclusively in the form of very (...)

31 Oct 2017

Buyer Power in EU Competition Law Chapter 10. Limiting Buyer Power

Ignacio Herrera Anchustegui

I. Herrera Anchustegui — Buyer Power in EU Competition Law 513 LIMITING BUYER POWER I. Introduction Buyer power may be limited by undertakings, either acting individually, coordinated or even through the intervention of the state of its organs, when the behaviour of these entities seeks to (...)

11 oct. 2017

Ciel unique européen : La Cour des comptes européenne rend public un rapport portant sur le ciel unique européen et qui s’avère plutôt critique sur les résultats atteints par cette initiative qui vise à accroître l’efficacité du système européen de gestion du trafic aérien (Rapport spécial n° 18/2017)

Stéphane Rodrigues • N° 2-2018 • pp. 180-181

Voilà une institution de l’Union européenne rarement citée dans cette Revue, la Cour des comptes, qui a adopté, le 11 octobre 2017 un rapport spécial (n° 18/2017) portant sur l’initiative dite “Ciel unique européen” et dont le sous-titre en résume la principale conclusion : “un changement d’ordre (...)

24 Sep 2017

Research report finds that setting open technology standards through voluntary participation in Standards Development Organisations results in innovative and competitive industries

Aleksandra Boutin, John Davies, Jorge Padilla • September 2017

Economic Impact of Technology Standards: The past and the road ahead - Key Findings* Our research has shown that industries based on open technology standards, agreed through voluntary participation in industry bodies, have an impressive record of innovation. We looked in particular at the (...)

21 Sep 2017

Cyber competition: New challenges for antitrust enforcers?

Adina Claici, Alexandre de Streel, Arvid Fredenberg, Claus Kastberg Nielsen, David Bailey, Geert Goeteyn, Georgios Petropoulos, Griet Jans, Liza Lovdahl Gormsen, Mark Powell, Svend Albaek, Thomas Rønde, Ulf Öberg

Conference organised in Brussels by Concurrences Review in partnership with Copenhagen Economics, Shearman & Sterling and White & Case.

6 Sep 2017

The EU Court of Justice modernizes abuse of dominance (Intel)

François-Charles Laprévote, Maurits Dolmans, Thomas Graf • September 2017

(“CJEU”) set aside General Court’s 2014 Intel judgment, upholding a European Commission (the “Commission”) decision fining Intel €1.06 billion for abuse of dominance through exclusivity rebates . The CJEU held that the General Court had erred in failing to examine all of Intel’s arguments calling (...)

6 sept. 2017

Analyse économique : La Cour de justice de l’Union européenne, en Grande Chambre, ouvre le prétoire à l’analyse économique jugeant que, en matière de rabais fidélisants aussi, il faut prendre au sérieux l’analyse des effets d’éviction (Intel)

Anne-Lise Sibony • N° 4-2017 • pp. 90-96

Depuis plusieurs années, l’approche “plus économique” conquiert le droit européen de la concurrence. Après avoir investi le droit des ententes et celui du contrôle des concentrations dans les années 1990, elle a atteint le droit de l’abus de position dominante. La Commission fut la première, en 2009, à (...)

6 Sep 2017

The EU Court of justice revisits forty years of case law on when a dominant company’s rebate scheme may be abusive (Intel)

Bill Batchelor, Keith Jones • September 2017

In its ruling on the European Commission’s 500 page Intel decision, in a crisp 150 paragraphs, the EU Court of Justice (the Court) revisited forty years of jurisprudence on when a dominant company’s rebate scheme may be abusive. Though no final decision for Intel, the case marks a potentially (...)

6 Sep 2017

The EU Court of Justice annuls a General Court ruling that upheld the fine imposed by the Commission for an abuse of dominance (Intel)

Alexandre G. Verheyden, Bernard Amory, Jurgen Beninca, Laurent de Muyter • September 2017

What happened? The European Court of Justice ("ECJ") set aside a General Court ruling that had upheld a €1.06 billion fine imposed by the European Commission on Intel for abusing its dominant position in the market for x86 central processing units ("CPUs"). Background In its 2009 decision, (...)

6 Sep 2017

The EU Court of Justice endorses an effects-based assessment of rebates (Intel)

Assimakis Komninos, Jacquelyn F. MacLennan, James Killick, Jan Jeram, Jérémie Jourdan, Strati Sakellariou-Witt • September 2017

On 6 September 2017, the Court of Justice of the European Union ("CJEU" or "Court") essentially held in Intel that the European Commission ("Commission") cannot consider rebates, and in particular loyalty rebates, as per se illegal. Rather, the Commission needs to show that a specific rebates (...)

6 Sep 2017

The EU Court of Justice issues landmark judgment on legal treatment of fidelity rebates granted by dominant companies (Intel)

Tim Kasten • September 2017

On 6 September 2017, the Court of Justice of the European Union (“ECJ”) issued its long-awaited judgment in the Intel case (Case C-413/14 P), setting aside the General Court’s (“GC”) judgment. The GC must now re-assess the legality of the Commission’s decision in light of the ECJ’s ruling. Intel was (...)

1 Sep 2017

Are we where we thought we were? Convergence in uncertainty

David Gerber • N° 3-2017

Global convergence has been a central theme in competition law for more than two decades. It has provided a way of understanding where competition law is and where it is going. Until very recently, most observers have assumed it would continue to play that role. Brexit, Trump and other (...)

14 Jul 2017

The Moldovan Competition Authority closes an investigation into alleged price fixing on the market for home appliances because of economic justifications (Rolling International)

Alexandr Svetlicinii • July 2017

On 14 July 2017 the Competition Council of the Republic of Moldova (CC) closed the investigation into the alleged price fixing on the market for household electric appliances due to the presence of economic justifications. In the early 2015 the media discussed an unusual price spike on the (...)

15 juin 2017

Gestion des données : La Commission de régulation de l’énergie adopte le rapport du comité d’études relatif aux données dont disposent les gestionnaires de réseaux et d’infrastructures d’énergie, visant à faire de leur gestion pertinente « un levier d’efficacité du système énergétique » (CRE, Délibération n° 2017-129)

Emmanuel Guillaume, Roman Roussel • N° 4-2017

I. Le contexte juridique La loi du 17 août 2015 relative à la transition énergétique pour la croissance verte, celle du 7 octobre 2016 pour une République numérique et leurs décrets d’application ont défini le cadre légal et réglementaire relatif à la gestion et à la mise à disposition des données (...)

12 juin 2017

Suisse : La Commission de la concurrence adopte, dans la foulée de l’arrêt GABA, une note portant sur l’appréciation des accords verticaux et modifie sa Communication concernant l’appréciation des accords verticaux (GABA)

Pierre Kobel • N° 3-2017 • pp. 176-178

Le 27 juin 2017, la ComCo a publié sur son site, deux nouveaux textes, soit une modification de sa “Communication concernant l’appréciation des accords verticaux (Communication sur les accords verticaux, CommVert), décision de la ComCo du 28 juin 2010”, et une “Note explicative sur la Communication (...)

1 May 2017

The importance of quantifying non-price effects in Canada

Ian Cass, Renée M. Duplantis • N° 2-2017 • pp. 51-57

Quantifying non-price effects is a topic with global appeal in antitrust that has garnered particular interest in merger reviews in Canada in light of the recent decisions in Tervita and TREB, especially in cases that involve an efficiencies defence. We discuss the importance of quantifying (...)

1 May 2017

Joint tendering under EU competition law

Cyril Ritter • N° 2-2017 • pp.60-69

This article seeks (a) to draw the line between legitimate joint tendering and joint tendering which is actually anti-competitive joint selling, and (b) to draw attention to other theories of harm than joint selling in the area of joint tendering. The EU competition law assessment of joint (...)

7 Mar 2017

The EU General Court annuls the Commission’s decision to prohibit a merger in the International express package delivery sector (UPS / TNT)

Ian Small, Simon Chisholm • March 2017

The General Court annulled on 7 March 2017 the European Commission’s decision in 2013 to prohibit UPS’ proposed acquisition of TNT. The judgment was much awaited also because of its potential for clarifying the role of efficiencies in merger review. In practice, the Court overturned the decision (...)

6 Mar 2017

The UK Competition Appeals Tribunal upholds a decision to prohibit a merger in the energy and commodities trading sector (ICE / Trayport)

Ian Small, Simon Chisholm • March 2017

The CAT upheld on 6 March 2017 the CMA’s decision to prohibit ICE’s acquisition of the energy and commodities trading platform Trayport. The CMA’s original decision found that ICE could use ownership of Trayport to foreclose competitors, shifting liquidity to its own exchanges. It was the first (...)

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