Two Contexts for Economics in Competition Law: Deterrence Effects and Competitive Effects

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11220%2F19%3A10394350" target="_blank" >RIV/00216208:11220/19:10394350 - isvavai.cz</a>

Výsledek na webu

<a href="https://link.springer.com/chapter/10.1007/978-3-030-11611-8_2" target="_blank" >https://link.springer.com/chapter/10.1007/978-3-030-11611-8_2</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1007/978-3-030-11611-8_2" target="_blank" >10.1007/978-3-030-11611-8_2</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Two Contexts for Economics in Competition Law: Deterrence Effects and Competitive Effects

Popis výsledku v původním jazyce

Competition law accommodates two different contexts within which economics may be applied, each defined by a distinct type of cause-effect relationships. First, there are effects of competition law on business conduct (deterrence effects), embodying the fact that businesses take into account legal sanctions when planning their actions. The field studying these effects is Economic Analysis of Law. Second, there are effects of business conduct on competition (competitive effects), which occur through the influence of businesses with market power on behaviour of their customers, suppliers and competitors. This influence falls within the ambit of Industrial Organization. Awareness of the distinction makes it possible to appreciate certain aspects of the application of economics to competition law issues. For instance, within the discourse on this application, the context of competitive effects receives significantly more attention than the context of deterrence effects. Also the often voiced observation that economics and competition law are closely related regards predominantly the former context.

Název v anglickém jazyce

Two Contexts for Economics in Competition Law: Deterrence Effects and Competitive Effects

Popis výsledku anglicky

Competition law accommodates two different contexts within which economics may be applied, each defined by a distinct type of cause-effect relationships. First, there are effects of competition law on business conduct (deterrence effects), embodying the fact that businesses take into account legal sanctions when planning their actions. The field studying these effects is Economic Analysis of Law. Second, there are effects of business conduct on competition (competitive effects), which occur through the influence of businesses with market power on behaviour of their customers, suppliers and competitors. This influence falls within the ambit of Industrial Organization. Awareness of the distinction makes it possible to appreciate certain aspects of the application of economics to competition law issues. For instance, within the discourse on this application, the context of competitive effects receives significantly more attention than the context of deterrence effects. Also the often voiced observation that economics and competition law are closely related regards predominantly the former context.

Druh

C - Kapitola v odborné knize

CEP obor

—

OECD FORD obor

50501 - Law

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2019

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název knihy nebo sborníku

New Developments in Competition Law and Economics

ISBN

978-3-030-11610-1

Počet stran výsledku

23

Strana od-do

27-49

Počet stran knihy

355

Název nakladatele

Springer

Místo vydání

Neuveden

Kód UT WoS kapitoly

—