Course Overview

The objective of the course (taught in English) is to enable students
to understand the institutional and legal framework for regulating
markets. The course is based on concepts of industrial economics and
provides an in-depth look at the economic foundations of competition
policy. At the end of the course, students should be able to read and
understand advanced articles on the discipline of markets, formulate
economic arguments to explain concrete cases ofstate intervention to
discipline anti-competitive behaviour. They should also know the main
indicators used to measure market power and assess industrial
concentration. 

Learning Achievement

Competence

Course prerequisites

Fundamentals of Microeconomics

Grading Philosophy

Continuous examination (30)Writing a mini-memoir

Course schedule

After a historical perspective of the regulatory and institutional
framework for market discipline in different countries, several
specific themes are presented such as: dominance, collusive
position,collusive agreements, predatory pricing and regulated
monopoly. A section is devoted to the tensions that can arise between
competitionpolicy and intellectual property rights policy. Another
part will examine the role of environmental regulations and their
implicationon the behaviour of firms and industrial dynamics, using
the case ofthe REACH regulation as an example. 

Course type

Lecture course

Online Course Requirement

Instructor

Other information

REFERENCES BIBLIOGRAPHY : 
- Motta M., 2004, Competition Policy, Theory and Practice, Cambridge
University Press. Viscusi W., Vernon J. et Harrington J., 2005,
Economics of Regulation and Antitrust, MIT Press, Cambridge,
3eédition. website of the European Union:
http://ec.europa.eu/competition/index_en.html  KEY WORDS :Competition
policy, market power, dominance, cartels, predatory pricing,
concentration indicators

Duration: 18 hours

Language of instruction: English

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