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Global Competition Law and Economics

By: Einer Elhauge, Damien Geradin
Media of Global Competition Law and Economics
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Published: 03-08-2011
Format: Paperback
Edition: 2nd
Extent: 1324
ISBN: 9781849460446
Imprint: Hart Publishing
RRP: £54.99
Online price : £38.49
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About Global Competition Law and Economics

This is the second edition of the acclaimed text on global antitrust law. With markets becoming increasingly global, mergers requiring approval in several different jurisdictions, cartels in one nation affecting supply in others, and countries increasingly entering into treaties with each other about the content or enforcement of competition laws, antitrust law is now a truly global phenomenon. Modern antitrust law is also different because it now reflects an increasingly economic approach to analysing antitrust and competition policy. This innovative work is the only truly comparative and economically sophisticated casebook on the market. Addressed to students from all jurisdictions having competition laws, this casebook provides an in-depth analysis of the two major global antitrust regimes in the world, as well as a summary of selected national antitrust laws. As such it will also serve as a useful reference for practitioners, competition officials and policy-makers interested in competition law.

In the four years since the first edition, the increased globalization of antitrust law has continued apace. China, the world's third largest economy after the EU and US, has adopted an antitrust law and other nations have modified and modernized their antitrust regimes. The EU has adopted a new EU Treaty, new EU guidelines on abuse of dominance, new EU guidelines on non-horizontal mergers, and new EU regulations and guidelines on vertical agreements. In the US there have been important new Supreme Court cases (the 2009 Linkline and 2010 American Needle decisions) and the appearance of a new economic approach in the revised 2010 U.S. Merger Guidelines.

This new edition expands and updates the pioneering approach of the first edition, addressing new developments not only in the US and EU, but also in Australia, Brazil, Canada, Israel, Japan, South Africa, and South Korea, with expanded coverage of China's new antitrust law, and the antitrust laws of Argentina, Chile, Colombia, Egypt, India, Indonesia, New Zealand, Peru, Russia, Saudi Arabia, Singapore, Taiwan, Thailand, Turkey, and Venezuela.

Praise for the first edition

'...worthy of considerable praise…contains a vast collection of well-chosen material taking in a wide span of both antitrust and merger law issues. It is well written and clear throughout, particularly on the economic concepts, and provides incisive commentary and questions which inspire further study.'
Peter Whelan, Cambridge Law Journal

'Enlightened law professors and law schools will best serve their students not by teaching national competition law but by adopting Global Competition Law and excellent book for introductory courses in comparative competition law at either a graduate or undergraduate level.'
Okeoghene Odudu, Common Market Law Review

'...the best four-and-a-half centimetres of shelf-space that I have seen devoted to competition law and policy issues for a very long time”.'
Yvonne van Roy, New Zealand Law Journal

'Free from the ideologically-driven perspective that can affect other antitrust casebooks, this is also the first casebook organized from inception with an eye directly on the global context…this book may be used in a classroom in Europe just as it will be used in the U.S. The result is a highly welcome contribution to the evolution of competition studies.'
Judge Douglas Ginsburg

'...this book is the only one on the market that is extremely well suited for use in a comparative antitrust law extraordinarily teachable book that contains everything you might want to present…Finally, the comparative antitrust field has a standard textbook to use. And a wonderful standard it is.'
Robert H Lande, University of Baltimore Law School

Table Of Contents

CHAPTER 1 Introduction
CHAPTER 2 Which Horizontal Agreements Are Illegal?
CHAPTER 3 What Unilateral Conduct Is Illegal?
CHAPTER 4 Vertical Agreements That Restrict Dealing With Rivals
CHAPTER 5 Agreements and Conduct That Arguably Distort Downstream Competition in Distributing a Supplier's Products
CHAPTER 6 Proving an Agreement or Concerted Action
CHAPTER 7 Mergers
CHAPTER 8 Markets That Span Multiple Antitrust Regimes


“The selection of cases and materials in this book is excellent. Practically, all the 'classics' and important recent decisions in US antitrust and EU competition law are included, along with excerpts from secondary legislation and guidelines. The editing strikes a perfect balance: the excerpts include all the important passages and put them into context, but at the same time the snippets are kept to a student-friendly length. In contrast to many other casebooks, which too often confine themselves to a series of case excerpts and extracts from secondary sources without guiding the student through this material, the book by Elhauge and Geradin contains copious amounts of helpful introductory and explanatory comment and questions to guide the student.

For comparative competition law courses with a main focus on the US and the EU, this is simply the best book on the market and should be adopted as the course book.

” –  Florian Wagner-von Papp, World Competition

“Pour tout praticien de la concurrence, cet ouvrage est fort utile et sa consultation ne peut être que recommandée” –  Laurence Idot, Professeur à l'Université Panthéon-Assas (Paris 2), Annuaire de Droit Européen

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