The More Economic Approach 20 Years Down the Road. What Went Wrong?

Aktivitet: Tale eller præsentationForedrag og mundtlige bidrag

Beskrivelse

In 2005, DG COMP presented its Discussion Paper outlining how to align Article 102 with modern economic theory and thinking. An essential component in this was the introduction of the As Efficient Competitor (AEC) test, offering a path for evaluating (alleged) priced-based abuse. This led to the Enforcement Paper in 2008. Officially, indicating how enforcers should or could prioritize cases, but in reality, also limiting their scope for intervention. Opinions differ regarding the success of the more economic approach and the AEC test, but the adoption of this has undeniably raised the bar for building an Article 102 case. According to DG COMP, it has even led to under-enforcement, commanding a review. Celebrating the 20th anniversary of the Discussion Paper, CCLL has organized an event casting light upon how and why we got the Discussion Paper and the AEC test, its impact on enforcement, and what DG COMP would like to replace the AEC test with.
Periode3 feb. 2025
Sted for afholdelseCopenhagen Business School