Course: Recent Developments in Competition Theory and Policy (reading) (5203-611)

Persons:

• Prof. Dr. Ulrich Schwalbe (verantwortlich)

Type of Course:

lecture

In-Class Hours Per Week:

2

Contents:

The lecture deals with the numerous new developments and question that have arisen in recent years in the area of competition theory and policy. These include e.g. the analysis of markets with network effects as well as two-sided markets, that give rise to new competitive problems. Further, questions with respect to the design of leniency programs, private cartel enforcement, and the related question of the quantification of cartel damages are discussed in detail, using the latest economic literature. Further developments concern the questions of alternatives to the concept of market definition, the effects of behavioural economics approaches on competition theory and policy, or question of optimal penalties for competition offences.

Literature:

Belleflamme, P., M. Peitz (2010), Industrial Organization – Marktes and Strategies, Cambridge University Press, Cambridge.

Lyons, B. (ed.) (2010), Cases in European Competition Policy, Cambridge University Press, Cambridge.

Russo, F., M.P. Schinkel, A. Günster, M. Carree (2010), European Commission Decisions on Competition, Cambridge University Press, Cambridge.

Elhauge, E., D. Geradin (2007), Global Competition Law and Economics, Hart, Oxford.

Location:

Hohenheim

Module:

• 5203-610 Industrial Organization and Competition Theory 2 (compulsory)
• 5203-620 Topics in Competition Theory and Policy (compulsory)