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OEBU 2255A - Competion Policy

Type d'enseignement : Elective

Semester : Spring 2017-2018

Number of hours : 24

Language of tuition : English

Pre-requisite

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Course Description

This course provides a comprehensive presentation of competition policy. It draws on the literature on the economics and law of antitrust to present in detail some major cases of cartels, abuses of dominant positions and mergers. Both empirical techniques and theoretical models are discussed to present the objectives and the tools of competition policy. Lecture 1 : Introduction ; Lecture 2 : Relevant market and market power ; Lectures 3 & 4 : Collusion, tacit collusion, horizontal agreements ; Lectures 5 to 8 : Abuses of a dominant position, Definition and methodology, Predatory pricing, Price discrimination and loyalty rebates, Tying and bundling ; Lectures 9 & 10 : Vertical restraints ; Lectures 11 & 12 : Mergers.

Teachers

CHAPSAL, Antoine F. (Economist, MAPP)

Course validation

Exam: two multiple-choice tests (20% of the grade each) Final paper (40% of the grade): Groups of students will have to write a 10-page final paper presenting the economic study they would perform to analyse a specific case. Participation (20%): Students will have to participate during the class.

Workload

Lecture (24h). Credits: 4.

Required reading

  • Massimo Motta, Competition Policy: Theory and practice, Cambridge University Press, 2004
  • Kovacic W. and Shapiro C., Antitrust Policy: A Century of Economic and Legal Thinking, Journal of Economic Perspectives, Volume 14, Number 1 (2000)
  • Baker J., The Case for Antitrust Enforcement, Journal of Economic Perspectives, Volume 17, Number 4 (2003)
  • Crandall R. and Winston C., Does Antitrust Policy Improve Consumer Welfare? Assessing the Evidence, Journal of Economic Perspectives, Volume 17, Number 4 (2003)