30 May, 2008
The OECD published an interesting piece of work on monopolisation: Guidance to Business on Monopolisation and Abuse of Dominance. Interestingly there are only limited number of countries that have made contributions, and Hungary is not within them, although usually it is.
Abstratct: This Working Party 3 roundtable focused on how competition authorities can provide businesses with effective guidance on monopolization and abuse of dominance. While some uncertainty over the reach of rules prohibiting anticompetitive unilateral conduct is inevitable, authorities responsible for the enforcement of antitrust laws must strive to provide as much transparency as possible as to their enforcement policies so that businesses can plan and invest with some predictability. Uncertainty as to the reach of unilateral conduct rules may induce companies to refrain from business practices which are lawful and competitively neutral (if not pro-competitive).
27 May, 2008
A friend of mine sent me the link below with the commet: “Supposedly better than 24.” The action starts around 6:45.
They shoud have made an English version also. Nevertheless see also:
25 May, 2008
Professor Wouter held recently a wonderful lunchtime lecture at the Competition Law Research Centre. Now a paper was published on “The Use of Settlements in Public Antitrust Enforcement: Objectives and Principles” (World Competition: Law and Economics Review, Vol. 31, No. 3, 2008 Available at SSRN: http://ssrn.com/abstract=1135627)
This paper discusses two general questions concerning the use of settlements in public antitrust enforcement, namely under which conditions the use of settlements contributes to optimal antitrust enforcement, and under which conditions self-incrimination and waivers of procedural rights by settlement candidates are compatible with fundamental rights of defence. The discussion of these general questions will be illustrated with the specific example of the two settlement procedures for the enforcement by the European Commission of the antitrust prohibitions contained in Articles 81 and 82 EC, namely the commitment procedure under Article 9 of Regulation 1/2003, and the proposed new settlement procedure in cartel cases.
6 May, 2008
We are honoured to welcome Professor Wouter Wils, who will give a lunchtime lecture on 13 May 2008 at the Competition Law Research Centre, with the support of the Centre for Competition Culture, Office of Economic Competition. The event is co-organised by the Hungarian Competition Law Association.
See more here.