Competition law and economic regulation: making and managing markets
"Niamh Dunne undertakes a systematic exploration of the relationship between competition law and economic regulation as legal mechanisms of market control. Beginning from a theoretical assessment of these legal instruments as discrete mechanisms, the author goes on to address numerous facets of...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Cambridge
Cambridge Univ. Press
2015
|
| Ausgabe: | 1. publ. |
| Schlagworte: | |
| Online-Zugang: | Cover image Inhaltsverzeichnis |
| Zusammenfassung: | "Niamh Dunne undertakes a systematic exploration of the relationship between competition law and economic regulation as legal mechanisms of market control. Beginning from a theoretical assessment of these legal instruments as discrete mechanisms, the author goes on to address numerous facets of the substantive interrelationship between competition law and economic regulation. She considers, amongst other aspects, the concept of regulatory competition law; deregulation, liberalisation and 'regulation for competition'; the concurrent application of competition law in regulated markets; and relevant institutional aspects including market study procedures, the distribution of enforcement powers between competition agencies and sector regulators, and certain legal powers that demonstrate a 'hybridised' quality lying between competition law and economic regulation. Throughout her assessment, Dunne identifies and explores recurrent considerations that inform and shape the optimal relationship between these legal mechanisms within any jurisdiction".. |
| Beschreibung: | Includes bibliographical references and index |
| Beschreibung: | XVII, 373 S. |
| ISBN: | 9781107070561 |
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| 520 | |a "Niamh Dunne undertakes a systematic exploration of the relationship between competition law and economic regulation as legal mechanisms of market control. Beginning from a theoretical assessment of these legal instruments as discrete mechanisms, the author goes on to address numerous facets of the substantive interrelationship between competition law and economic regulation. She considers, amongst other aspects, the concept of regulatory competition law; deregulation, liberalisation and 'regulation for competition'; the concurrent application of competition law in regulated markets; and relevant institutional aspects including market study procedures, the distribution of enforcement powers between competition agencies and sector regulators, and certain legal powers that demonstrate a 'hybridised' quality lying between competition law and economic regulation. Throughout her assessment, Dunne identifies and explores recurrent considerations that inform and shape the optimal relationship between these legal mechanisms within any jurisdiction".. | ||
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Datensatz im Suchindex
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| adam_text |
Titel: Competition law and economic regulation
Autor: Dunne, Niamh
Jahr: 2015
CONTENTS
Acknowledgements page ix
Tables ofcases xi
Introduction 1
I. Market failure and the pursuit of efficiency 6
II. Mechanisms to address market failure (I): the concept of
competition law 14
(i) Theories of competition and monopoly 14
(ii) The structure of competition law the US and EU Systems
of competition 18
(üi) The goals of competition law. outcomes or processes? 26
III. Mechanisms to address market failure (II): the concept of
economic regulation 33
IV. A comparison of competition law and regulation 41
V. Conceptualising the interface berween competition law and
regulation 48
(i) Competition law and regulation as Substitutes 49
(ii) Competition law and regulation as complements 54
VI. The interface in practice: the evolution of US
telecommunications regulation 60
VII. Concluding remarks 65
Competition law as regulation 69
I. Competition law as substitutionary or gap-filling regulation 71
II. Doctrinal regulatory competition law. procedural and Substantive
dimensions 78
(i) Distinguishing regulatory competition law from competition
law's established core 79
a. Administrative/technocratic enforcement 79
b. Ex ante enforcement 81
c. Prescriptive competition law doctrines 82
VI CONTENTS
d. Regulatory remedies 83
e. Mandating 'best' Solutions 84
f. Regulatory competition law jurisdictional variations 86
(ii) The pros and cons of regulatory competition law 87
a. Separation of powers 89
b. Legitimacy and the rule of law 91
c. Error costs and bad bargains 93
d. Politicisation 95
e. Assessing the pros and cons of regulatory
competition law 96
III. Procedural regulatory competition law. negotiated Settlements 97
(i) The American experience: consent decrees in US antitrust 98
a. The nature of consent decrees: accommodating
bargains, novelty and regulation 102
(ii) Commitment decisions within EU competition law 108
a. Commitment decisions and policymaking in the EU
energy sector 112
(iii) Negotiated Settlements as regulation: a critical assessment 116
IV. Doctrinal regulatory competition law: excessive prices and
essential facilities 119
(i) Excessive prices under competition law 120
a. Antitrust approaches to excessive prices: the apparent
US/EU dichotomy 123
b. Excessive prices, regulation and the role of competition
authorities 127
(ii) The essential facilities doctrine 129
V. Conclusions 136
3 Regulation, deregulation and the space for
competition law 139
I. Regulation absent competition law 141
II. Critiques of regulation - the public-choice movement 143
HI. Public choice in practice: deregulation and privatisation 146
(i) Deregulation in practice: the US and UK experiences 151
(ii) Deregulation and the role of competition law 155
IV. Reforming regulation: 'better regulation' 161
(i) Better regulation and the role of competition law 168
V. Regulation's Substantive core: non-economic values and
structural inefficiency 173
(i) Distributional justice and other non-economic values 174
(ii) Structural market inefficiency 175
II. Concurrency in practice: The US and EU law positions
(i) US antitrust and State regulation: the significance of
V1U CONTENTS
b. Remedies 246
IV. Market circumstances where concurrency arises: policy
implications 251
(i) Unrelated competition abuse arising in regulated markets 252
(ii) Regulation in pursuit of non-economic goals 254
(iii) Broken regulation: design inefficiency or regulatory capture 256
(iv) Regulatory gaming 258
V. Conclusions 261
5 Institutional issues at the interface of competition law
and regulation 263
I. Allocation and sharing of powers between public-enforcement
agencies 264
(i) The UK model: concurrent competition enforcement by
regulators 267
(ii) The Australian model: an antitrust 'super-regulator' 272
(iii) Resolving conflicts within the conventional division
of labour 275
II. Institutional gateways to competition law and regulation (I):
market studies 279
(i) Sector inquiries in the European Union 280
(ii) Market investigation references by the UK's Competition
and Markets Authority 285
a. The BAA airports inquiry 290
(iii) Market studies: analysis and concluding remarks 293
HI. Institutional gateways to competition law and regulation (II):
'hybridisation' 294
(i) Concretising competition principles: access to infrastructure
regulation 296
(ii) Section 5 of the Federal Trade Commission Act 304
IV. Conclusions 314
6 Analysis and conclusions 316
I. The central role of the concept of competition law 319
IL Delimiting the interface between competition law and regulation:
recurring issues 327
(i) General welfare versus individual rights 328
(ii) The role of effidency 329
(iii) Democratic accountability versus political interference 330
III. Concluding remarks 332
Bibliography 335
Index 360 |
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| spelling | Dunne, Niamh 1984- Verfasser (DE-588)1070598690 aut Competition law and economic regulation making and managing markets Niamh Dunne 1. publ. Cambridge Cambridge Univ. Press 2015 XVII, 373 S. txt rdacontent n rdamedia nc rdacarrier Includes bibliographical references and index "Niamh Dunne undertakes a systematic exploration of the relationship between competition law and economic regulation as legal mechanisms of market control. Beginning from a theoretical assessment of these legal instruments as discrete mechanisms, the author goes on to address numerous facets of the substantive interrelationship between competition law and economic regulation. She considers, amongst other aspects, the concept of regulatory competition law; deregulation, liberalisation and 'regulation for competition'; the concurrent application of competition law in regulated markets; and relevant institutional aspects including market study procedures, the distribution of enforcement powers between competition agencies and sector regulators, and certain legal powers that demonstrate a 'hybridised' quality lying between competition law and economic regulation. Throughout her assessment, Dunne identifies and explores recurrent considerations that inform and shape the optimal relationship between these legal mechanisms within any jurisdiction".. Europäische Union (DE-588)5098525-5 gnd rswk-swf LAW / Antitrust bisacsh Competition, Unfair Competition, Unfair United States Competition, Unfair European Union countries Antitrust law Antitrust law United States Antitrust law European Union countries LAW / Antitrust Wirtschaft (DE-588)4066399-1 gnd rswk-swf Regulierung (DE-588)4201190-5 gnd rswk-swf Wettbewerbsrecht (DE-588)4121924-7 gnd rswk-swf Europäische Union. Mitgliedsstaaten USA USA (DE-588)4078704-7 gnd rswk-swf Großbritannien (DE-588)4022153-2 gnd rswk-swf Großbritannien (DE-588)4022153-2 g USA (DE-588)4078704-7 g Regulierung (DE-588)4201190-5 s Wettbewerbsrecht (DE-588)4121924-7 s Wirtschaft (DE-588)4066399-1 s Europäische Union (DE-588)5098525-5 b DE-604 http://assets.cambridge.org/97811070/70561/cover/9781107070561.jpg Cover image HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=027796701&sequence=000004&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Dunne, Niamh 1984- Competition law and economic regulation making and managing markets Europäische Union (DE-588)5098525-5 gnd LAW / Antitrust bisacsh Competition, Unfair Competition, Unfair United States Competition, Unfair European Union countries Antitrust law Antitrust law United States Antitrust law European Union countries LAW / Antitrust Wirtschaft (DE-588)4066399-1 gnd Regulierung (DE-588)4201190-5 gnd Wettbewerbsrecht (DE-588)4121924-7 gnd |
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| title | Competition law and economic regulation making and managing markets |
| title_auth | Competition law and economic regulation making and managing markets |
| title_exact_search | Competition law and economic regulation making and managing markets |
| title_full | Competition law and economic regulation making and managing markets Niamh Dunne |
| title_fullStr | Competition law and economic regulation making and managing markets Niamh Dunne |
| title_full_unstemmed | Competition law and economic regulation making and managing markets Niamh Dunne |
| title_short | Competition law and economic regulation |
| title_sort | competition law and economic regulation making and managing markets |
| title_sub | making and managing markets |
| topic | Europäische Union (DE-588)5098525-5 gnd LAW / Antitrust bisacsh Competition, Unfair Competition, Unfair United States Competition, Unfair European Union countries Antitrust law Antitrust law United States Antitrust law European Union countries LAW / Antitrust Wirtschaft (DE-588)4066399-1 gnd Regulierung (DE-588)4201190-5 gnd Wettbewerbsrecht (DE-588)4121924-7 gnd |
| topic_facet | Europäische Union LAW / Antitrust Competition, Unfair Competition, Unfair United States Competition, Unfair European Union countries Antitrust law Antitrust law United States Antitrust law European Union countries Wirtschaft Regulierung Wettbewerbsrecht Europäische Union. Mitgliedsstaaten USA Großbritannien |
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