Understanding Market Power

73 Pages Posted: 29 Jun 2022

See all articles by Nicolas Petit

Nicolas Petit

European University Institute - Department of Law (LAW)

Date Written: March 3, 2022

Abstract

Antitrust laws are concerned with controlling market power. In the course of history, the development of antitrust systems of market power control in the US and in the European Union (EU) has not followed a straight path. Legal practice, political ideology, and developments in economics have shaped an overcomplicated and undertheorized body of doctrine in relation to market power. Substantial ambiguity surrounds the definition, proof, and prevention of market power that deserves to be subject to antitrust law. By comparison and historical analysis, the present study seeks to shed some clarity on the issue.

Keywords: Market power, dominance, monopoly, antitrust, law

Suggested Citation

Petit, Nicolas, Understanding Market Power (March 3, 2022). Robert Schuman Centre for Advanced Studies Research Paper No. RSC_14, 2022, Available at SSRN: https://ssrn.com/abstract=4148489 or http://dx.doi.org/10.2139/ssrn.4148489

Nicolas Petit (Contact Author)

European University Institute - Department of Law (LAW) ( email )

Via Bolognese 156 (Villa Salviati)
50-139 Firenze
Italy

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