Controlling market power is a crucial issue in liberalized telecommunications market where incumbents usually remain dominant for some time after the opening of the market to competition. Controlling market power can be achieved through two distinct sets of rules and institutions: economy-wide antitrust rules and institutions, which have been in place in most industrialized countries for several decades, and infrastructure or sector-specific rules and institutions which have been specifically adopted to promote competition and control market power in telecommunications or in particular infrastructure sectors. In this context, the relationship between the two sets of rules and institutions becomes an issue of growing importance. Relying on a comparative analysis of five countries (the United States, New Zealand, the United Kingdom, Chile and Australia), the present book seeks to shed some light on how economy-wide and infrastructure or sector-specific components of the regulatory framework should be designed and on what the respective roles of such components should be to maximize the efficiency of economic regulation in telecommunications.

Controlling Market Power in Telecommunications: Antitrust vs. Sector-Specific Regulation

Science & Math

Damien Geradin

Michel Kerf

Technology

Oxford University Press

This new casebook presents a globalized approach to antitrust law and provides an understanding of the main antitrust regimes that apply throughout the world today. Whether in business, law, or government, we can no longer content ourselves with understanding only the antitrust and competition law of one nation. The authors present a truer picture of the overall regime of competition law that now faces multinational market players through a combination of laws from varying nations in actual application. The authors have structured the book to enhance a teacher's ability to take a modular approach. Thus, depending on the assignments the teacher wishes to make out of the book, the book can be used to either: (a) to replace the basic Antitrust course with a course fully covering the relevant US and EC laws that regulate global market conduct, (b) to teach a course that fully covers U.S. antitrust law and adds only readings on selected topics in EC competition law, or (c) to teach an advanced course in EC competition law.

Global Antitrust Law and Economics

Einer R. Elhauge

Business

Foundation Pr

The 2007 Supplement will include several important new cases, including the U.S. Supreme Court decisions in Weyerhauser (on predatory buying claims), Twombly (on standards for pleading an antitrust conspiracy), Credit Suisse (on the extent to which securities law creates an implicit antitrust exemption), and Leegin (overruling the per se rule against vertical minimum price fixing). EU competition cases include British Airways (dismissing British Airways appeal in loyalty discount case), France T.l.com (upholding Commission decision finding that France T.l.com abused its dominant position on the French market for Internet access), GlaxoSmithKline (annulling in part the decision prohibiting Glaxo from selling its medicines at different prices according to the place of reimbursement).

Global Antitrust Law and Economics, 2007 Supplement

Foundation Press

Handbook On European Competition Law

Ioannis Lianos

Edward Elgar Publishing

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Books by Damien Geradin