M.Sc. EPS: Economic and Legal Aspects of Competition Policy and Regulation
Francis O’Toole
2011/12
Reading List
Suggested Textbooks
Students may, at some stage, wish to have access to one or more of the following books:
Bishop, S. & M. Walker, The Economics of EC Competition Law: Concepts, Applications and
Measurement, Sweet & Maxwell, 3rd/University Edition, 2010.
Lyons, B. (ed.), Cases in European Competition Policy: The Economic Analysis, Cambridge
University Press, 2009.
Kwoka, J. & L. White (eds.), The Antitrust Revolution: Economics, Competition and Policy,
Oxford University Press, Fifth Edition, 2009.
Martin, S., Industrial Organization in Context, Oxford University Press, 2010.
Suggested Journals
Students may, at some stage, wish to have access to some of the following journals:
Journal of Competition Law & Economics, European Competition Journal, Competition Policy
International, European Competition Law Review, The Antitrust Bulletin, Journal of Economic
Perspectives, World Competition: Law and Economics Review, Journal of Industry,
Competition & Trade.
Suggested References/Articles
1. Introduction & Policy Background
Martin, S., Chapters 1, 17, 18, 19 & 25.
Kovacic, W. & C. Shapiro, “Antitrust Policy: A Century of Economic and Legal Thinking”,
Journal of Economic Perspectives, Vol. 14, No. 1, Winter 2000, pp. 43-60.
2. An Overview of Welfare Economics & Concepts of Competition in Economics
Martin, S., Chapters 2 & 3 (parts, e.g. contestable markets).
Gilbert, R., "The Role of Potential Competition in Industrial Organization", Journal of
Economic Perspective, Vol.3, No.3, Summer 1989, pp. 107-27.
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3. Horizontal Mergers & Market Definition (Market Power and Dominance)
Martin, S., Chapters 11, 21 & 22.
Neven, D., Nuttall, R. & P. Seabright, Merger in Daylight: The Economics and Politics of
European Merger Control, Centre for Economic Policy, 1993 (Chapter 2 – The analysis of
mergers).
Competition Authority, Notice in Respect of Guidelines for Merger Analysis, Decision No.
N/02 /004, 16 December 2002.
European Commission, Guidelines on the assessment of horizontal mergers under the council
Regulation on the control of concentrations between undertakings, Official Journal (2004/C
31/03).
European Commission, Commission Notice on the definition of the relevant market for the
purposes of Community competition law, Official Journal: OJ C 372 on 9/12/1997 (available at
www.europa.eu.int/comm/competition/antitrust/relevma_en.html).
Symposium, Horizontal Mergers and Antitrust, Journal of Economic Perspectives, Vol.1, No.2
Fall 1987, pp. 3-54.
Case Study
Dalkir, S., & F. Warren-Boulton, Prices, Market Definition and the Effects of Merger:
Staples-Office Depot (1997), The Antitrust Revolution: Economics, Competition and Policy
(Case 7), eds. Kwoka, J. & L. White, pp. 178-200.
4. Vertically Restrictive Agreements
Martin, S., Vertical Restraints (Chapters 8, 23 & 24).
Review Articles
Brennan, T., “”Vertical” excuses for horizontal practices: should there be any per se antitrust
rules?”, The Antitrust Bulletin, Summer 2000, pp. 467-90.
Schwartz, M. & D. Eisenstadt, "Vertical Restraints", Economic Analysis Group Discussion
Paper, U.S. Department of Justice, EPO 82-8, July 1983 (especially pp.1-38).
5. Predation
Martin, S., Chapter 7 (part).
Milgrom, P., & J. Roberts, New Theories of Predatory Pricing, in (eds. Bonanno,G., &
D.Brandolini), Industrial Structure in the New Industrial Economics, 1991.
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