Abstract

http://ssrn.com/abstract=1393834
 


 



Bidding Markets and Competition Law in the European Union and the United Kingdom


Pál Szilágyi


Competition Law Research Centre; Péter Pázmány Catholic University

April 23, 2009

European Competition Law Review, Vol. 29, No. 1, pp. 89-95, 2008

Abstract:     
The first part of a two part article on EC and UK case law on competition in bidding markets, examines EC case law. Discuss economic considerations, particularly auction types and models, the characteristics of ideal bidding markets (illustrated by a diagram) and the impact of collusion, entry deterrence and predatory behavior. Reviews European Commission and Court of First Instance case law on: (1) bidding procedure; (2) the number and frequency of tenders, and duration and value of contracts; (3) undertakings, competitors and market position; and (4) buyers and supply side substitutability.

The second part of a two part article on EC and UK case law on competition in bidding markets, examines Office of Fair Trading and Competition Commission decisions on: (1) the procedure, frequency and value of tenders; (2) undertakings, competitors and market position; and (3) buyers and supply side substitutability. Reflects on the characteristics of EC and UK practice described in the two parts.

Keywords: Auctions, Competition law, EC law, bidding markets

JEL Classification: D83, K21, D44

Accepted Paper Series


Not Available For Download

Date posted: April 24, 2009 ; Last revised: September 3, 2011

Suggested Citation

Szilágyi, Pál, Bidding Markets and Competition Law in the European Union and the United Kingdom (April 23, 2009). European Competition Law Review, Vol. 29, No. 1, pp. 89-95, 2008. Available at SSRN: http://ssrn.com/abstract=1393834

Contact Information

Pál Szilágyi (Contact Author)
Competition Law Research Centre ( email )
PPKE-JAK
Szentkiralyi u. 28.
Budapest, H-1088
Hungary
HOME PAGE: http://www.versenyjog.com
Péter Pázmány Catholic University ( email )
Szentkirályi u. 28.
Budapest, 1088
Hungary
HOME PAGE: http://www.jak.ppke.hu
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