Course Overview

This course helps understand the legal and institutional framework of
anti-trust policy as well as the economic concepts and theories
underlying competition policy.

Learning Achievement

Competence

Course prerequisites

Microeconomics 1st year and 2nd year

Grading Philosophy

Written

Course schedule

This course draws on the literature of industrial organization and
refers to competition policy cases from the EU.

It will in particular study (time permitting):

- The historical background leading to the development of competition
policy,  - The differences in the functioning of competition
agencies, particularly in the USA and in the EU,  - The sources of
market power,  - Mergers and vertical agreements,  - Collusive
practices,  - Predation  - State aid… 

At the end of this course, students should be familiar with the
historical background and purposes of competition policy. Students
should be able to formulate legal and economic arguments to explain
why competition policy aims at ensuring that competition isnot
distorted or restricted, to understand the economic foundations of
competition policy and to know the main indicators used to measure
market power and assess industrial concentration. Examples of cases in
Europe and the USA will be discussed. 

Course type

Lecture course

Online Course Requirement

Instructor

Other information

REFERENCES BIBLIOGRAPHY : 
-Motta M., 2004, Competition Policy, Theory and Practice, Cambridge
University Press.Carlton and Perloff, 2005, Modern Industrial
Organization, 4th Edition, Pearson, Addison Wesley. 

KEY WORDS :Competition Policy, Cartels, Mergers, Antitrust, State
aid. 

Duration: 17.5 hours

Language of instruction: English

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