Competition law notes studocu

  • What is the market definition in competition law?

    Market definition is the starting point for most competition law assessments and plays a central and often critical role.
    In the case of mergers, for example, mergers can raise competition concerns if they increase the ability of firms to exercise market power..

Does the EU have a system of competition law?

All the MS of the EU have systems of competition law, in large part modelled upon Articles 101 and 102.
Some MS require that domestic law should be interpreted consistently with EU rules, thereby reinforcing the alignment of EU and domestic law.

What are the principles of competition law in South Africa?

Principles of Competition Law in South Africa (2016). l, page 23- Three different concepts of efficiency:

  • 1.
    Eloquent efficiency 2.
    Productive efficiency 3.
    Dynamic efficiency Eloquent efficiency means the seller sells the product at marginal cost.

    • What is Competition Law Revision notes?

    Competition Law Revision Notes - Competition Law Revision Notes GOALS Competition law exists to - Studocu competition law revision notes goals competition law exists to protect competition in free market economy, the basis of free market is competition between Skip to document .

    What is competition law?

    Competition law is concerned, above all, with the problems that occur where one or more firms possess, or will possess after a merger, market power.
    For example, the legal concept of a ‘dominant position’ in Article 102 equates to the economic concept of ‘substantial market power’.


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