1.

Record Nr.

UNINA9910461750803321

Autore

Van Doorn Frederik

Titolo

The law and economics of buyer power in EU competition policy / / Frederik van Doorn

Pubbl/distr/stampa

The Hague, The Netherlands : , : Eleven International Publishing, , [2015]

©2015

ISBN

94-6274-305-3

Descrizione fisica

1 online resource (231 p.)

Disciplina

343.2407/21

Soggetti

Sales - European Union countries

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (pages 213-229).

Nota di contenuto

Cover; Title page; ACKNOWLEDGEMENTS; ABOUT THE AUTHOR; TABLE OF CONTENTS; 1. INTRODUCTION; 1.1 - Introduction; 1.2 - The Changing Retail Landscape; 1.3 - Modernisation of EU Competition Law; 1.4 - Buyer Power Concerns; 1.5 - Methodology; 1.6 - Outline; 2. THE OBJECTIVES OF COMPETITION POLICY; 2.1 - Introduction; 2.2 - The Traditional Rationale for Competition Policy; 2.2.1 - Competition and Economic Efficiency; 2.2.2 - Monopoly Power; 2.2.3 - Conclusion; 2.3 - Competition Policy in a Dynamic Context; 2.3.1 - Efficiency Trade-Offs; 2.3.2 - Anti-Competitive Behaviour; 2.3.3 - Conclusion

2.4 - Competition Policy Design2.4.1 - Formulating Competition Policy; 2.4.2 - Welfare Standards; 2.4.3 - Conclusion; 2.5 - Conclusion; 3. BUYER POWER AND COMPETITION POLICY; 3.1 - Introduction; 3.2 - Buyer Power: Definition and Sources; 3.2.1 - The Definition of Buyer Power; 3.2.2 - Sources for Buyer Power; 3.2.3 - Conclusion; 3.3 - Buyer Power and Economic Efficiency; 3.3.1 - Monopsony Power; 3.3.2 - Countervailing Buyer Power; 3.3.3 - Buyer Power and Dynamic Efficiency; 3.3.4 - Conclusion; 3.4 - Anti-Competitive Buyer Conduct; 3.4.1 - Collusion; 3.4.2 - Exclusionary Conduct

3.4.3 - Mergers3.4.4 - Conclusion; 3.5 - Buyer Power and Competition Policy Design; 3.5.1 - Countervailing Market Power Considerations; 3.5.2 - Buyer Power and the Consumer Welfare Standard; 3.5.3 -



Conclusion; 3.6 - Conclusions; 4. BUYER POWER IN EU COMPETITION LAW; 4.1 - Introduction; 4.2 - Buyer Conduct in EU Competition Law; 4.2.1 - Introducing the Substantive Legal Framework; 4.2.2 - Application to Buyer Conduct; 4.2.3 - Conclusion; 4.3 - Buyer Collusion; 4.3.1 - Addressing Buyer Collusion; 4.3.2 - Article 101 TFEU and the Consumer Welfare Standard; 4.3.3 - Conclusion

4.4 - Exclusionary Buyer Conduct4.4.1 - Addressing Exclusionary Buyer Conduct; 4.4.2 - Article 102 TFEU and the Consumer Welfare Standard; 4.4.3 - Conclusion; 4.5 - Mergers That Involve Buyer Power; 4.5.1 - Addressing Mergers That Involve Buyer Power; 4.5.2 - The EU Merger Regulation and the Consumer Welfare Standard; 4.5.3 - Conclusion; 4.6 - Buyer Power and 'Unfair' Business Practices; 4.6.1 - EU Competition Law and 'Unfair' Business Practices; 4.6.2 - Policy Considerations; 4.6.3 - Conclusion; 4.7 - Conclusions; 5. CONCLUSIONS AND SUMMARY; 5.1 - Introduction

5.2 - The Competition Concerns of Buyer Power5.3 - Buyer Power in EU Competition Law; 5.4 - Conclusions; SUMMARY IN DUTCH; BIBLIOGRAPHY

Sommario/riassunto

The trend of retail concentration across the European Union has raised concerns on the buyer power that retailers may have in the relation with their suppliers. Following calls that the changing nature of competition demands a change in EU competition policy, this book investigates whether there is a 'gap' in current EU competition law concerning the potential harmful effects of buyer power from an economic efficiency perspective. Using a Law and Economics approach, the book identifies the potential concerns and assesses whether they can be addressed under the existing rules. While some critic