Meaningful and Measurable Market Domination
Lisbeth la Cour () and
Peter Møllgaard
No 09-2002, Working Papers from Copenhagen Business School, Department of Economics
Abstract:
The European Court of Justice’s definition of when a firm has a dominant position
has recently come under attack as being meaningless and impossible to measure. We argue that
both attacks are wrong, suggest an economic interpretation of domination and propose how it may
be measured using modern time series econometrics. We illustrate the approach empirically.
Keywords: Market domination; monopoly; competition policy; competition law (search for similar items in EconPapers)
JEL-codes: D41 D42 K00 L12 L40 (search for similar items in EconPapers)
Pages: 7 pages
Date: 2002-05-01
New Economics Papers: this item is included in nep-ind and nep-law
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