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The Transformation of the Professional Services Industry (La Transformación del Sector Profesional) (Spanish)

EL PATRIMONIO EMPRESARIAL: PROFESIONAL Y FAMILIAR. SUS PROTOCOLOS, pp. 837-865, M. Garrido Melero & J. M. Fugardo Estivill, eds., Bosch, 2005

Instituto de Empresa Business School Working Paper No. 05-16

16 Pages Posted: 9 Jan 2011 Last revised: 20 Jan 2011

Francisco Marcos

IE Law School

Date Written: December 1, 2005

Abstract

This paper analyses the changes that have taken place in the professional services industry in the last few years, examining in detail the issues raised by the increase in the number of professions and professional associations from a conceptual perspective. Moreover, the specific features of professional services that may justify a different legal treatment from a competition and market perspective (information assymetries and externalities) are considered. Nevertheless, the prohibitions of anticompetitive behavior are increasingly being applied to professional activities. although public interest reasons may lead to some moderation in their antitrust treatment.

Notes: Downloadable document is in Spanish.

Keywords: Professional Services, Competition Law, Professional Regulation, Professional Association

JEL Classification: L44, L84, K21

Suggested Citation

Marcos, Francisco, The Transformation of the Professional Services Industry (La Transformación del Sector Profesional) (Spanish) (December 1, 2005). EL PATRIMONIO EMPRESARIAL: PROFESIONAL Y FAMILIAR. SUS PROTOCOLOS, pp. 837-865, M. Garrido Melero & J. M. Fugardo Estivill, eds., Bosch, 2005; Instituto de Empresa Business School Working Paper No. 05-16. Available at SSRN: https://ssrn.com/abstract=1736651

Francisco Marcos (Contact Author)

IE Law School ( email )

Castellón de la Plana 8
Madrid, Madrid 28006
Spain

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