1
General Introduction to Competition Law and Economics
13.5hours
2credits
Module
Sessions
- 20.09.2024 13:30
- 27.09.2024 13:30
- 04.10.2024 13:30
This module will cover in particular the following topics
- Practical importance of competition law
- Macro and micro economic effects of competition policy
- Perfect competition, monopoly and oligopoly (Cournot and Bertrand)
- The relevant market, market definition, the hypothetical monopolist test
- Market power (incl. measurement techniques), market concentration, barriers to entry/expansion
- The cellophane fallacy and other common fallacies
- Overview of the competition rules and their history
- The German ordo-liberal school
- The market integration ethos
- Institutions, enforcement and procedures
- Relationship between EU and national competition law
- Effect on trade between Member States
- The concept of undertaking
- Extraterritorial application of EU competition law and the effects doctrine
- Case studies
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