The Concept of the Relevant Product Market

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

von Franz Jürgen Säcker

128 Seiten, Taschenbuch

Kurzbeschreibung des Verlags

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.

• Reihe: Veröffentlichungen des Instituts für deutsches und europäisches Wirtschafts-, Wettbewerbs- und Regulierungsrecht der Freien Universität Berlin
• Themen: Recht Recht bestimmter Jurisdiktionen und bestimmter Rechtsgebiete Gesellschafts-, Handels- und Wettbewerbsrecht, allgemein Handelsrecht
• ISBN: 9783631579343
• Sprache: Englisch
• Erscheinungsdatum: 02.06.2008
• Größe: 21 x 14.8 cm
• Verlag: Peter Lang GmbH, Internationaler Verlag der Wissenschaften