Antitrust Settlements: How a Simple Agreement Can Drive the Economy (eBook)
ISBN13: 9789403511115
Published: October 2019
Publisher: Kluwer Law International
Country of Publication: The Netherlands
Format: eBook
(ePub)
Price: £111.00
The amount of VAT charged may change depending on your location of use.
The sale of some eBooks are restricted to certain countries. To alert you to such restrictions, please select the country of the billing address of your credit or debit card you wish to use for payment.
Sale prohibited in
Korea, [North] Democratic Peoples Republic Of
Due to publisher restrictions, international orders for ebooks may need to be confirmed by our staff during shop opening hours. Our trading hours are Monday to Friday, 8.30am to 5.00pm, London, UK time.
The device(s) you use to access the eBook content must be authorized with an Adobe ID before you download the product otherwise it will fail to register correctly.
For further information see https://www.wildy.com/ebook-formats
Once the order is confirmed an automated e-mail will be sent to you to allow you to download the eBook.
All eBooks are supplied firm sale and cannot be returned. If you believe there is a fault with your eBook
then contact us on
ebooks@wildy.com and we will help in resolving the issue. This does
not affect your statutory rights.
This eBook is available in the following formats: ePub.
Need help with
ebook formats?
Competition enforcement authorities use settlements as a tool to ensure compliance with antitrust law. Companies can make commitments to remedy breaches, ensuring that they avoid litigation and potential fines and reputational damage.
The author of this highly original and innovative book shows that, rather than fines or arguing principles of competition law in litigation, antitrust settlements (namely U.S. consent decrees and EU commitment decisions) hold the key to globally effective enforcement, particularly in the digital and blockchain era.
Antitrust law does not necessarily need to be abolished, but rather should be fully exploited as an economic regulation led by antitrust settlements.
In supporting her thesis, the author examines such elements of competition enforcement as the following:-
- drawbacks of allowing the courts to regulate markets;
- whether antitrust settlements sacrifice antitrust deterrence;
- how settlements rapidly and surgically regulate markets;
- comparative analysis between U.S. consent decrees and EU commitment decisions;
- economic analysis on the adoption of antitrust settlements in both the U.S. and EU markets from 2013 to 2018;
- fundamental role of antitrust settlements in regulating the current digital markets; and
- comprehensive description on how to use antitrust settlements to regulate the data industry.
With its thorough guidance on U.S. consent decrees and EU commitment decisions from their functioning to their characteristics and procedure—and its extensive treatment of the main antitrust remedies available and used in enforcing of antitrust law in both the U.S. and EU—the book provides both an economic and a legal analysis of the functioning and the scope of antitrust settlements. It assesses the influence of decisions on companies’ behavior and agencies’ practice, using economic analysis to show the procompetitive or anticompetitive effects of remedies, with special attention to digital markets.
Because markets have become so dynamic and unpredictable that is difficult to preserve efficiency, the author says, there is a little room for law—economic regulation is a better fit. This book is a springboard to further investigate how a simple antitrust enforcement tool, having turned competition law into an economic regulation policy, can drive our economy, leading both the antitrust and regulatory interventions in tackling today’s market challenges.
.jpg?1680780797)
