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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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