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The Year 2005 at DG Competition: The Trend towards a More Effects-Based Approach

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  • Lars-Hendrik Roeller
  • Oliver Stehmann

Abstract

This first review of the European Commission’s Directorate General for Competition (DG COMP) gives an overview on DG COMP’s mandate and the main developments of 2005. The discussion includes institutional and policy developments, as well as the main competition policy decisions and Court judgments in the merger, antitrust, and state aid areas. It is argued that the trend towards a more effects-based analysis in EU competition policy had an impact on the assessment of competition cases, as well as on the development of soft law. For example, the effects-based approach was put high on the agenda with the publication of the Article 82 discussion paper. Similarly, the publication of the State Aids Action Plan (SAAP) launched a “more economic approach” in European state aid assessment. In line with its objective to focus resources on key sectors, two major inquiries were launched in the energy and financial sectors. Copyright Springer Science+Business Media, LLC 2006

Suggested Citation

  • Lars-Hendrik Roeller & Oliver Stehmann, 2006. "The Year 2005 at DG Competition: The Trend towards a More Effects-Based Approach," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 29(4), pages 281-304, December.
    • Handle: RePEc:kap:revind:v:29:y:2006:i:4:p:281-304
    DOI: 10.1007/s11151-006-9122-8
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    References listed on IDEAS

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    1. Jordi Gual & Anne Perrot & Michele Polo & Patrick Rey & Klaus Schmidt & Rune Stenbacka, 2006. "An Economic Approach to Article 82," CPI Journal, Competition Policy International, vol. 2.
    2. Peter A.G. van Bergeijk & Erik Kloosterhuis (ed.), 2005. "Modelling European Mergers," Books, Edward Elgar Publishing, number 3803, December.
    3. Barry Nalebuff, 2002. "Bundling and the GE-Honeywell Merger," Yale School of Management Working Papers ysm303, Yale School of Management.
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    Cited by:

    1. Oliver Budzinski, 2009. "Modern Industrial Economics and Competition Policy: Open Problems and Possible Limits," Working Papers 93/09, University of Southern Denmark, Department of Sociology, Environmental and Business Economics.
    2. Budzinski, Oliver & Haji Ali Beigi, Maryam, 2013. "Competition policy agendas for industrializing countries," Ilmenau Economics Discussion Papers 81, Ilmenau University of Technology, Institute of Economics.
    3. Maarten Pieter Schinkel, 2008. "Forensic Economics In Competition Law Enforcement," Journal of Competition Law and Economics, Oxford University Press, vol. 4(1), pages 1-30.
    4. Oliver Budzinski, 2008. "A Note on Competing Merger Simulation Models in Antitrust Cases: Can the Best Be Identified?," MAGKS Papers on Economics 200803, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    5. Jürgen-Peter Kretschmer, 2011. "Optimal Structuring of Assessment Processes in Competition Law: A Survey of Theoretical Approaches," MAGKS Papers on Economics 201114, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    6. Oliver Budzinski, 2010. "An Institutional Analysis of the Enforcement Problems in Merger Control," Working Papers 101/10, University of Southern Denmark, Department of Sociology, Environmental and Business Economics.

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