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Market investigations : a new competition tool for Europe? / edited by Massimo Motta, Pompeu Fabra University, Martin Peitz, University of Mannheim, Heike Schweitzer, Humboldt University of Berlin.

Contributor(s): Material type: TextTextPublisher: Cambridge : Cambridge University Press, 2022Description: 1 online resource (xviii, 391 pages) : digital, PDF file(s)Content type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9781009072007 (ebook)
Subject(s): Additional physical formats: Print version: : No titleDDC classification:
  • 338.6/048 23
LOC classification:
  • HF1414 .M366 2022
Online resources: Summary: In many economic sectors - the digital industries being first and foremost - the market power of dominant firms has been steadily increasing and is rarely challenged by competitors. Existing competition laws and regulations have been unable to make markets more contestable. The book argues that a new competition tool is needed: market investigations. This tool allows authorities to intervene in markets which do not function as they should, due to market features such as network effects, scale economies, switching costs, and behavioural biases. The book explains the role of market investigations, assesses their use in the few jurisdictions where they exist, and discusses how they should be designed. In so doing, it provides an invaluable and timely instrument to both practitioners and academics.
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Item type Current library Collection Call number Status Date due Barcode
eBooks eBooks Central Library Economics Available EB0716

Title from publisher's bibliographic system (viewed on 23 Dec 2021).

In many economic sectors - the digital industries being first and foremost - the market power of dominant firms has been steadily increasing and is rarely challenged by competitors. Existing competition laws and regulations have been unable to make markets more contestable. The book argues that a new competition tool is needed: market investigations. This tool allows authorities to intervene in markets which do not function as they should, due to market features such as network effects, scale economies, switching costs, and behavioural biases. The book explains the role of market investigations, assesses their use in the few jurisdictions where they exist, and discusses how they should be designed. In so doing, it provides an invaluable and timely instrument to both practitioners and academics.

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