The Transformation of the Professional Services Industry (La Transformación del Sector Profesional) (Spanish)
IE Law School
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
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.
Note: Downloadable document is in Spanish.
Number of Pages in PDF File: 16
Keywords: Professional Services, Competition Law, Professional Regulation, Professional Association
JEL Classification: L44, L84, K21
Date posted: January 9, 2011 ; Last revised: January 20, 2011