Market definition in principle and practice

Compass Lexecon, Joe Perkins, 15 November 2021, The Analysis

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How should market definition be applied in competition decisions? In light of the European Commission’s ongoing review of its Market Definition Notice and similar developments in the US and UK, Joe Perkins sets out how the process is meant to work, how it actually works, and the lessons we can learn from understanding the gap between the two.

Authors

Joe Perkins
Queens’ College (Cambridge)

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