EU Competition Law Fundamentals

From the study guide

Course Outline

  1. Foundations and historical schools of EU competition law
  2. EU competition law objectives and legal basis
  3. Recent developments and challenges in EU competition law enforcement
  4. Sources and institutional framework of EU competition law
  5. Anti-competitive agreements and cartel enforcement examples
  6. Abuse of dominant position and landmark cases
  7. Control of concentrations and merger regulation enforcement
  8. Market power assessment and relevant market definition in EU competition law

1. Foundations and historical schools of EU competition law

Key Concepts & Definitions

  • Harvard School: Structure – Conduct- Performance paradigm.
  • Chicago School: Interventions should be limited to practices not leading to efficient outcomes in the market.
  • Ordoliberalism (Freiburg School): A school of thought influencing EU competition law that views competitive markets as systems characterized by economic freedom and legally protected individual rights.

Essential Points

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Practice quiz preview

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?

3. What is the primary role of Regulation 1/2003 in EU competition law enforcement?

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Flashcard preview

Harvard School β€” paradigm?

Structure-Conduct-Performance model.

Chicago School β€” intervention?

Limit to efficiency-preventing practices.

Ordoliberalism β€” focus?

Legal framework for competition.

EU competition law β€” legal basis?

Articles 101-109 TFEU.

Objectives β€” main goal?

Protect effective competition.

Consumer welfare β€” includes?

Prices, quality, choice, innovation.

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Frequently asked questions

What does the EU Competition Law Fundamentals study guide cover?

It covers the core concepts of EU Competition Law Fundamentals, organized by topic with the key definitions, explanations and takeaways, so it's easier to learn and remember.

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How many questions are in the EU Competition Law Fundamentals quiz?

The practice quiz has 8 multiple-choice questions, each with an explanation. Use it to check what you know and find your gaps.

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How do I study EU Competition Law Fundamentals with flashcards?

There are 16 flashcards on EU Competition Law Fundamentals, with a question on the front and the answer on the back. Try to recall each answer before you flip, and let spaced repetition bring back the ones you miss.

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