Excessive Pricing and Competition Law Enforcement
This volume examines the controversy surrounding the use of competition law to combat excessive pricing. While high or monopolistic pricing is not regarded as an antitrust violation in the US, employing abuse of dominance provisions in competition laws to
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Yannis Katsoulacos · Frédéric Jenny Editors
Excessive Pricing and Competition Law Enforcement
International Law and Economics
Series editors Stefan Voigt, Germany Anne van Aaken, Switzerland Andrew T. Guzman, USA Stefan Oeter, Germany Joel P. Trachtman, USA Naigen Zhang, China
More information about this series at http://www.springer.com/series/13428
Yannis Katsoulacos • Frédéric Jenny Editors
Excessive Pricing and Competition Law Enforcement
Editors Yannis Katsoulacos Athens University of Economics and Business Athens, Greece
Frédéric Jenny École Supérieure des Sciences Économique Cergy-Pontoise, France
ISSN 2364-1851 ISSN 2364-186X (electronic) International Law and Economics ISBN 978-3-319-92830-2 ISBN 978-3-319-92831-9 (eBook) https://doi.org/10.1007/978-3-319-92831-9 Library of Congress Control Number: 2018953180 © Springer International Publishing AG, part of Springer Nature 2018 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Springer imprint is published by the registered company Springer Nature Switzerland AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
Contents
Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Frederic Jenny and Yannis Katsoulacos Abuse of Dominance by Firms Charging Excessive or Unfair Prices: An Assessment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Frederic Jenny Another Look at the Economics of the UK CMA’s Phenytoin Case . . . . John Davies and Jorge Padilla A Coherent Approach to the Antitrust Prohibition of Excessive Pricing by Dominant Firms . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . David Gilo
1
5 71
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Antitrust Enforcement of the Prohibition of Excessive Prices: The Israeli Experience . . . . . . . . . . . . . . . . . . . . . . . . . . .
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