Author : Kai Hüschelrath
Release : 2009
Genre :
Kind : eBook
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Book Synopsis A Framework to Enforce Anti-predation Rules by : Kai Hüschelrath

Download or read book A Framework to Enforce Anti-predation Rules written by Kai Hüschelrath. This book was released on 2009. Available in PDF, EPUB and Kindle. Book excerpt: The major interest of antitrust law and economics with respect to predation strategies has been largely twofold. On the one hand, there has been a lively discussion on the question whether predation can basically be a rational strategy for an incumbent facing an entry threat. On the other hand, research has focused on the problem of how an antitrust authority should detect predation strategies and especially distinguish such abuses from socially desirable, procompetitive behaviour. However, compared to other areas of antitrust policy such as hard core cartel enforcement or merger control, surprisingly little research has been devoted to the subsequent third stage in antitrust analysis: intervention. This stage acknowledges the necessity of appropriate detection rules for efficient antitrust enforcement, but it uses these insights to answer the complementary question of how these rules should be linked to punishment with a pecuniary fine and/or the imposition of behavioural remedies -- ZEW website.