22 research outputs found
Relevant market delineation with the use of strategic business information.
In his paper a, overview of methods used in antitrust analysis to delineate relevant markets is provided and shortcomings are pointed out. A practical methodology to delineate relevant geographical and product markets is developed, starting from the theoretical definition of a relevant antitrust market. Based on criteria used by business strategists in segmenting markets, the new methodology makes use of strategic information on the position of a company and its competitors in a specific industry sector to delineate relevant markets. The usefulness of the new methodology is illustrated from the European truck industry.
Globalization and the definition of the relevant geographic market in antitrust practices.
This paper starts from the antitrust practices in the European Community and the US with respect to the delineation of the relevant geographic market in dealing with concentrations and shows that relugations and guidelines at this moment focus almost exclusively on demand substitution. However, the process of globalization involves essentially global supply conditions and competition. A methodology is presented for delineating the relevant geographic market, that better takes this globalization trend into account and brings both demand and supply substitution better in balance. The practical use of the methodology is illustrated for the Volvo-Scandia merger case that was blocked by the European Commission in 1999.Antitrust; Globalization; Demand; Substitution; Processes; Competition; Working;
Globalization and the definition of the relevant geographic market in antitrust practices
This paper starts from the antitrust practices in the European Community and the US with respect to the delineation of the relevant geographic market in dealing with concentrations and shows that relugations and guidelines at this moment focus almost exclusively on demand substitution. However, the process of globalization involves essentially global supply conditions and competition. A methodology is presented for delineating the relevant geographic market, that better takes this globalization trend into account and brings both demand and supply substitution better in balance. The practical use of the methodology is illustrated for the Volvo-Scandia merger case that was blocked by the European Commission in 1999.status: publishe