Antitrust Economics - JEM131

• Title: Antitrust Economics
• Guaranteed by: Institute of Economic Studies (23-IES)
• Faculty: Faculty of Social Sciences
• Actual: from 2023
• Semester: summer
• E-Credits: 5
• Examination process: summer s.:
• Hours per week, examination: summer s.:2/0, Ex [HT]
• Capacity: unlimited / unknown (185)
• Min. number of students: unlimited
• 4EU+: no
• Virtual mobility / capacity: no
• State of the course: taught
• Language: English
• Teaching methods: full-time
• Teaching methods: full-time
• Additional information: https://teams.microsoft.com/l/team/19%3aA9gwQWA2gltD7vEh0Fpr8-eaIuYtkFUNQ3poUsvgDOg1%40thread.tacv2/conversations?groupId=e7660990-6ebb-4d96-9757-566b174b61c1&tenantId=e09276da-f934-4086-bf08-8816a20414a2
• Note: course can be enrolled in outside the study plan; enabled for web enrollment; priority enrollment if the course is part of the study plan
• Guarantor: PhDr. Pavel Vacek, Ph.D.
• Teacher(s): PhDr. Pavel Vacek, Ph.D.
• Class: Courses for incoming students

Annotation

English

Last update: PhDr. Pavel Vacek, Ph.D. (23.10.2019)

Regulatory authorities have moved to a more economics-based approach in deciding what constitutes anti-competitive behaviour. This course introduces into topics such as: market power, cartels (Article 101 TFEU), abuses of dominant position (e.g. predatory behavior, margin squeezes and others – Article 102 TFEU), mergers, calculation of damages and empirical techniques used in competition analyses.


Prerequisites: Introductory microeconomics, introductory econometrics

Czech

Last update: PhDr. Petr Bednařík, Ph.D. (15.02.2020)

Regulatory authorities have moved to a more economics-based approach in deciding what constitutes anti-competitive behaviour. This course introduces into topics such as: market power, cartels (Article 101 TFEU), abuses of dominant position (e.g. predatory behavior, margin squeezes and others – Article 102 TFEU), mergers, calculation of damages and empirical techniques used in competition analyses.

Prerequisites: Introductory microeconomics, introductory econometrics

Descriptors

Last update: SCHNELLEROVA (25.10.2019)

Regulatory authorities have moved to a more economics-based approach in deciding what constitutes anti-competitive behaviour. This course introduces into topics such as: market power, cartels (Article 101 TFEU), abuses of dominant position (e.g. predatory behavior, margin squeezes and others – Article 102 TFEU), mergers, calculation of damages and empirical techniques used in competition analyses.

Course completion requirements

Last update: PhDr. Pavel Vacek, Ph.D. (23.10.2019)

Course requirements: oral final exam (60%), team term project (40%)

Grades ETCS
91-100 A
81-90 B
71-80 C
61-70 D
51-60 E
0-50 F

Literature

English

Last update: Mgr. Michaela Čuprová (07.06.2020)

Primary text

 My Power Point slides

Simon Bishop and Mike Walker (2010). The Economics of EC Competition Law: Concepts, Applications and Measurement, 3rd edition, published by Sweet & Maxwell.

Massimo Motta (2004). Competition Policy, Theory and Practice, Cambridge University Press,

(We will cover just history and objectives based on Motta.)

(Both books are available in our library.)

 For several topics, I will provide you with articles and other materialseither during classes or by email. The articles will be also posted in the SIS.

 Recommended reading:

Gunnar Niels, Helen Jenkins and James Kavanagh (2011). Economics for Competition Lawyers, Oxford University Press.

Czech

Last update: Mgr. Michaela Čuprová (21.02.2020)

Primary text

 Simon Bishop and Mike Walker (2010). The Economics of EC Competition Law: Concepts, Applications and Measurement, 3rd edition, published by Sweet & Maxwell.

 Massimo Motta (2004). Competition Policy, Theory and Practice, Cambridge University Press,

(We will cover just history and objectives based on Motta.)

 (Both books are available in our library.)

 For several topics, I will provide you with articles and other materialseither during classes or by email. The articles will be also posted in the SIS.

 Recommended reading:

Gunnar Niels, Helen Jenkins and James Kavanagh (2011). Economics for Competition Lawyers, Oxford University Press.

Requirements to the exam

Last update: PhDr. Petr Bednařík, Ph.D. (05.06.2020)

Course requirements: oral final exam (60%), team term project (40%)

Grades ETCS
91-100 A
81-90 B
71-80 C
61-70 D
51-60 E
0-50 F

Syllabus

English

Last update: PhDr. Petr Bednařík, Ph.D. (05.06.2020)

Syllabus, Introduction and Motivation for Antitrust Economics–course overview, history, objectives of competition policy.

Effective competition, market power

Relevant market(definition, the hypothetical monopolist test, cellophane fallacy, critical loss, critical elasticity, shipment test)

Mergers

Article 101 TFEU -cartels and collusion

Article 101 TFEU - vertical restraints (e.g. RPMs), horizontal agreements

Article 102 TFEU–I (dominance, abuse, excessive pricing) predatory behavior

Article 102 TFEU –II (predatory pricing)

Margin squeezes

Theory of harm, Empirical techniques in antitrust.

Replacement lecture

Calculating Antitrust damages

Czech

Last update: Mgr. Michaela Čuprová (21.02.2020)

Syllabus, Introduction and Motivation for Antitrust Economics–course overview, history, objectives of competition policy.

Effective competition, market power

Relevant market(definition, the hypothetical monopolist test, cellophane fallacy, critical loss, critical elasticity, shipment test)

Mergers

Article 101 TFEU -cartels and collusion

Article 101 TFEU - vertical restraints (e.g. RPMs), horizontal agreements

Article 102 TFEU–I (dominance, abuse, excessive pricing) predatory behavior

Article 102 TFEU –II (predatory pricing)

Margin squeezes

Theory of harm, Empirical techniques in antitrust.

Replacement lecture

Calculating Antitrust damages