Cornering zwischen Kapitalmarkt- und Kartellrecht (Cornering – The Long Winding Road between Capital Markets Law and Competition Law)

Abstract

Cornering cases are well documented in commodities and securities markets. The German and European Legislator is seeking to combat them through strict rules on market manipulation. However, cornering can also violate competition law, in particular the ban on abuse of dominant position. This paper addresses cornering strategies under both headings. It is also conceived as a preliminary study exploring the overlapping areas of capital markets law and competition law in greater detail.

Please note that this is an article published in German.

Keywords: cornering, market manipulation, capital markets law, abuse of dominant position, competition law