Harvard School — paradigm?
Structure-Conduct-Performance model.
Chicago School — intervention?
Limit to efficiency-preventing practices.
Ordoliberalism — focus?
Legal framework for competition.
EU competition law — legal basis?
Articles 101-109 TFEU.
Objectives — main goal?
Protect effective competition.
Consumer welfare — includes?
Prices, quality, choice, innovation.
Recent challenge — example?
Digital Markets Act (2022).
Sources — primary?
Articles 101-109 TFEU.
Cartel example — Delivery Hero?
Fined €329 million for collusion.
Abuse — key case?
Microsoft Media Player (2004).
Market control — regulation?
Merger Regulation (EU Merger Regulation).
Market power — assessment?
Based on market definition and constraints.
Market — defined by?
Product and geographic boundaries.
SSNIP test — purpose?
Identify demand substitutability.
Enforcement — main body?
European Commission and NCAs.
Legal instruments — include?
Treaties, Regulations, Guidelines.
Teste dein Wissen mit 8 Fragen zu EU Competition Law Fundamentals.
1. Which school of thought influences EU competition law by viewing competitive markets as systems characterized by economic freedom and legally protected individual rights?
2. What does 'consumer welfare' refer to in EU competition law?
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