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The Concept of the Relevant Product Market

Between Demand-side Substitutability and Supply-side Substitutability in Competition Law

Franz Jürgen Säcker author

Format:Paperback

Publisher:Peter Lang AG

Published:2nd Jun '08

Currently unavailable, and unfortunately no date known when it will be back

The Concept of the Relevant Product Market cover

The proper definition of the relevant product market still is the lynchpin of competition law: defining the market too wide makes it impossible to capture the companies’ behavioural margins that are the result of market power and are not neutralized by competition; defining the market too narrow creates market power and forces undertakings under the application of Art. 82 EC, Art. 2 ECMR, § 19 German Competition Act. In European and German competition law the aspect of demand-side substitutability has been the most important criterion. The meaning of potential competition and especially of supply-side substitutability has not been systematically grasped. The book therefore re-thinks the relevant questions of proper market definition.

ISBN: 9783631579343

Dimensions: unknown

Weight: 190g

168 pages

New edition