Copenhagen Economics has interviewed representatives from the European Union and a large number of Brussels-based law practices, the majority of whom recognizes that, consistent with last year’s findings, the use of economic analysis in competition policy continues to expand.
However, Brussels lawyers also agree that economists must strike a careful balance between the risk of legal uncertainty and the need for theories of harm to reflect the competitive dynamics in (novel) markets. Two recent examples reflect the difficulty of striking such a balance: the novel theory of harm on innovation effects and the analysis of data-driven markets.
Learn more in the Handbook of Competition Economics’ chapter on the European Union written by Claus Kastberg Nielsen, Adina Claici, Julia Wahl and Elisa Pau.
The chapter is an extract from GCR’s Competition Economics Handbook 2019, first published in November 2018. Its expert-written specialist intelligence and research provides unique insights into, and analysis of, current and future competition economics trends.
For further information, please contact Claus Kastberg Nielsen