1: Introduction: Starting from First Principles
2: Market Definition
3: Market Power
4: Abuse of Dominance
5: Cartels and Other Horizontal Agreements
6: Vertical Restraints
7: Mergers
8: Design of Remedies
9: Quantification of Damages
10: The Use of Economic Evidence in Competition Cases
Gunnar Niels is a Partner at Oxera, leading the organisation's work
in competition policy and litigation. He is a non-governmental
adviser (NGA) to the International Competition Network (ICN)
Working Group on Unilateral Conduct.
Helen Jenkins is a Partner at Oxera, with more than 20 years of
professional experience in applying economic principles to issues
of strategic importance for businesses, predominantly in the
context of litigation and competition investigations. James
Kavanagh is a Partner at Oxera, specialising in competition
economics, with a focus on state aid and litigation. He has worked
on economic and finance issues in cases in all major European
jurisdictions.
`Review from previous edition "The book is very good at solving
everyday economic problems facing competition lawyers."
'
Lilo Locher, European Competition Law Review
`"Gunnar Niels and his colleagues have done a remarkable job at
summarising the the key Industrial Organisation concepts and
current debates for competition lawyers. It is remarkable both
because it covers all the main areas of the legal practice (merger
control, cartels, abuses of market power, and state aid) with lots
of references to real cases and decisions , and because it will
allow lawyers - and regulators - to raise the right questions
when
presented with complex economic surveys and analysis (e.g. what is
the right choice of model, when are price correlation tests
suspicious, can you predict the existence of a cartel based on
market data?) This is
a must-have for any competition law practitioner."'
Antoine Winckler, Cleary Gottlieb Steen and Hamilton LLP
`"This book reads like a novel. It's captivating conversational
style is perfectly tailored to competition lawyers seeking to get
the basics of competition law economics under their belts. It
provides an easy to understand conceptual framework illustrated
with up-to-date examples drawn from US and EU precedents."'
Miguel Odriozola, Clifford Chance, Madrid
`"Economics and law are the essential languages of modern
competition policy. This volume skillfully illuminates the economic
concepts that should inform the design and application of legal
rules. It paves a superb path to the truly bilingual analytical
proficiency on which mastery in this field depends."'
William E. Kovacic, Commissioner, Federal Trade Commission
`"It is clear from any page or section of the book that it has been
deliberately drafted in a clear and non-technical style, intending
so far as possible to engage the reader in the intuitive
foundations of the difficult topics that are covered ... this book
provides a very useful point of entry or means of orientation in
addressing the larger economic questions that should act as guides
through the mass of detail."'
Rhodri Thompson QC, Competition Law Journal
`"Economics for Competition Lawyers provides a very accessible and
highly practical overview of both the basics and more advanced
issues in the economics of competition. It does an excellent job of
dealing with some of the more advanced topics without burying the
reader in mathematics, but providing a clear conceptual explanation
of the nature and role of the relevant mathematical tools."'
Joseph Angland, Partner, White & Case, New York
`"...the authors have done an outstanding job in explaining the
major areas of competition law."'
Nilay B. Patel, Cambridge Law Journal
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