European Competition Law Review [*, *]
Volume 29, Issue 4, 2008
Massimo Motta, On Cartel Deterrence and Fines in the European Union, European Competition Law Review, Volume 29, Issue 4, 2008
This paper assesses-with the help of some simple quantitative analysis-the European Commission’s practice against cartels, with particular reference to fines. It then discusses policies which can be used to increase cartel deterrence.
Alex Petrasincu, The European Commission’s New Guidelines on the Assessment of Non-Horizontal Mergers-Great Expectations Disappointed, European Competition Law Review, Volume 29, Issue 4, 2008
The European Commission recently published its Guidelines on the assessment of non-horizontal mergers. This article examines the Guidelines’ approach to non-horizontal mergers by comparing it to the Commission’s enforcement practice. At first glance, the Guidelines seem to describe the analysis of vertical and conglomerate mergers in a rather comprehensive manner. An in-depth examination however reveals that the Guidelines raise many questions.
Tjarda Van Der Vijver, Exemptions to Third Party Access for New Infrastructures in the European Community Gas Sector-The Exception that Defies the Rule?, European Competition Law Review, Volume 29, Issue 4, 2008
In order to stimulate competition in the European gas sector, the Second Gas Directive puts forward the principle of third party access (TPA). Exemptions to TPA can be made if these are necessary to built new infrastructures. This article examines how the national authorities deal with such exemptions. It concludes that exemptions are more easily granted than the underlying texts suggest, but that there are understandable reasons for this.
Hanna Anttilainen-Mochnacz, Two-step Transaction Structures in the Context of the EC Merger Regulation: To Have or to Hold?, European Competition Law Review, Volume 29, Issue 4, 2008
Two-step transaction structures such as “pooling”, “warehousing” and options may solve commercial needs but face increasing hurdles in the context of the EC merger control rules. This article considers the various interpretation problems raised by such structures as well as considering some pertinent past case law.
John F. Blakney, Olivia Wright, The North American Price Discrimination Law Debate: Considerations for Europe, European Competition Law Review, Volume 29, Issue 4, 2008
This article looks to Canadian competition law to argue the merits of a tailored price discrimination prohibition of demonstrably anti-competitive conduct for European competition law, particularly in the buyer side or upstream markets where market power can arise at market shares well below those generally applied for general abuse of dominance and anti-monopolization prohibitions.
Moritz Lorenz, The New Chinese Competition Act, European Competition Law Review, Volume 29, Issue 4, 2008
On August 30, 2007, China passed its first complete competition law following over 10 years of debate. The new act comes into force on August 1, 2008. China will then have a law which contains the “classic three pillars of competition law”, specifically a prohibition on anti-competitive agreements and a prohibition on abuse of dominance and merger control. Until now these areas were only covered by very fragmented regulations. In addition, the new act contains a prohibition on the abuse of sovereign power to reduce or eliminate competition. With the new legislation the People’s Republic of China has achieved another step on the road to transforming itself from a planned to a free market economy, and the new law markedly changes the legal framework for the activities of foreign companies. The following article provides an overview of the changes and in so doing draws comparisons with the EC regime.
David Wirth, Niall Collins, Assessing the Cost-Benefit Impact within the De Minimis Exception, European Competition Law Review, Volume 29, Issue 4, 2008
This article provides an overview of the Office of Fair Trading’s “New Guidelines”, published in November 2007 and revising their de minimis guidance. It assesses how this guidance has been applied in recent public transport merger decisions, and calls attention to factors potentially relevant to mergers in other sectors.
Case Comment
Gerard Rothschild, The Battle of the Buses: Chester City Council v Arriva Plc, European Competition Law Review, Volume 29, Issue 4, 2008
This article analyses the English High Court’s decision in Chester City Council v Arriva Plc. The expedited claim under s.18 of the Competition Act 1998 alleged abuse of dominance by predatory action influencing the sale of a municipal bus company. The article considers market analysis, standard of proof and approach to expert evidence in such a claim.
Book Reviews
Stephen Tupper, Regulating Utilities and Promoting Competition-Lessons for the Future; Utility Regulation in Competitive Markets-Problems and Progress, European Competition Law Review, Volume 29, Issue 4, 2008