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2013/2014  KAN-CMJ_I71  Advanced EU Competition law and Industrial Economics II - current legal and economic topics in the regulation of competition

English Title
Advanced EU Competition law and Industrial Economics II - current legal and economic topics in the regulation of competition

Course information

Language English
Exam ECTS 7.5 ECTS
Type Elective
Level Full Degree Master
Duration One Quarter
Course period Spring, Spring
Changes in course schedule may occur
Wednesdays 11.40-13.20, week 15-22
Thursday 11.40-13.20, week 15, 17-22
Tuesday 11.40-13.20, week 16
Time Table Please see course schedule at e-Campus
Study board
Study Board for BSc/MSc in Business Administration and Commercial Law, MSc
Course coordinator
  • Björn Lundqvist - Law Department (LAW)
  • Peter Møllgaard - Department of Economics (ECON)
Coordinating secretary: Susie Lund Hansen - slh.jur@cbs.dk
Main academic disciplines
  • Business Law
  • Economics, macro economics and managerial economics
Last updated on 09-12-2013
Learning objectives
The aim of this course is to conduct a deepened examination of current issues of EU Competition Law taking into account the underlying economic principles and wider policy issues together with the teachers and practitioners in the field.

The aim is to enable the students to:

• obtain a comprehensive knowledge of these fundamental competition law areas
• be able to identify and explain the basic legal concepts of the subject area
• select, formulate and discuss examples that are sufficiently complex to reflect these current antitrust problems
• identify legal issues in concrete examples, and to argue and propose measures to meet legal requirements
• explain the economic substance of specific industrial economic concepts that are applicable in a competitive economy such as market power, welfare, tacit collusion, vertical restraints, and mergers
• describe and rationalize the main assumptions of competitive economic models such as Cournot model, Bertrand model with differentiated products, multiple (or dynamic) games, and the basic monopoly model
• illustrate the contents of such models graphically and perform simple analyzes such as related to a given competitive economic problem
• assess how a given competitive situation needs to be analyzed economically.
• identify legal and economic problems in concrete examples, legally argue for the settlement of these problems involving economic theory to illustrate the problems or their preferred solutions.
Examination
Advanced EU Competition law and Industrial Economics II - current legal and economic topics in the regulation of competition:
Examination form Home assignment - written product
Individual or group exam Individual
Size of written product Max. 5 pages
Assignment type Case based assignment
Duration 24 hours to prepare
Grading scale 7-step scale
Examiner(s) Internal examiner and second internal examiner
Exam period Summer Term
Make-up exam/re-exam
Same examination form as the ordinary exam
Course content and structure
EU competition law plays today a central role in society and in the everyday life of many companies and legal and economic practitioners. The aim of this stand-alone part II of the Advanced EU Competition Law and Industrial Economics course is to conduct a deepened examination of some specific  current issues of EU Competition Law taking into account the underlying economic principles and wider policy issues. For example, the Telecom regulation under both general competition law and sector specific regulation will be discussed. This will be done also by discussing these issues with practitioners experts in these fields. Moreover, Ii also offers a comparative perspective, frequently referring to the way antitrust law in the USA deals with similar problems.

The industrial economic theories crucial for understanding these issues will be analyzed and discussed, in particular the theories which are used to change the content of the current legal doctrine. Thus, the specific legal doctrine and industrial economy theories on the sources of market power, the definition of the relevant market, horizontal agreements and mergers, predation and abuse of dominance will be scrutinized.

The specific current issues that will be discussed are, for example, price and non-price abuses (non-access and tying); the identification of the relevant market from an economic and legal perspective; horizontal agreement such as cartels, standardisation agreements, and patent pools, in-depth analyses of mergers og private actions.

There will be lectures, where students are expected to participate actively, and case-based teaching. In addition to this, there will be a field trip to the Danish Competition Authority and to a prominent law firm.
Teaching methods
Lectures with some case-based teaching
Expected literature
Brenda Sufrin (2010) EU Competition Law – Texts, Cases & Materials, 4 udg., Oxford University Press, in addition to selected cases and articles.
Massimo Motta (2004) Competition Policy – Theory and Practice, Cambridge University Press.

Bruce Lyons (Ed.) (2009) Cases in European Competition Policy – The Economic Analysis, Cambridge University Press

Additional articles and cases should be expected to be added to the reading list. 

Last updated on 09-12-2013