Superior Bargaining Power and the Global Food Value Chain: The Wuthering Heights of Holistic Competition Law?

CLES Research Paper Series, ISBN 978-1-910801-08-6

35 Pages Posted: 2 May 2016

See all articles by Ioannis Lianos

Ioannis Lianos

University College London - Faculty of Laws; BRICS Competition Law & Policy Centre - HSE National Research University

Claudio Lombardi

KIMEP, School of Law

Date Written: January 1, 2016

Abstract

In this paper we analyse the role of superior bargaining power in competition law and policy in the agri-food value chain. Conventional approaches to competition law based on a neoclassical price theory perspective tend to neglect or to stay opaque on the role of bargaining power in competition law. However, national competition authorities and national legislators seem to be less biased by specific theoretical approaches and have increasingly engaged with the application of the concept of bargaining power in competition law. In this paper we discuss both positions and set a general theoretical framework, the global value chain approach, to better understand the interactions between suppliers and retailers in the food sector. Finally, we observe the framing of new tools of competition law intervention at national level, in order to deal with situations of superior bargaining power in specific settings related to the food value chain.

Keywords: bargaining power, global food value chain, food retail, joint purchasing

JEL Classification: K10, K21, L4, L40, Q10

Suggested Citation

Lianos, Ioannis and Lombardi, Claudio, Superior Bargaining Power and the Global Food Value Chain: The Wuthering Heights of Holistic Competition Law? (January 1, 2016). CLES Research Paper Series, ISBN 978-1-910801-08-6. Available at SSRN: https://ssrn.com/abstract=2773455 or http://dx.doi.org/10.2139/ssrn.2773455

Ioannis Lianos (Contact Author)

University College London - Faculty of Laws ( email )

London
United Kingdom

BRICS Competition Law & Policy Centre - HSE National Research University ( email )

28/11, Shabolovka ulitsa
Moscow, 109028
Russia

Claudio Lombardi

KIMEP, School of Law ( email )

Almaty

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