Meaningful and Measurable Market Domination
Lisbeth la Cour (llc.eco@cbs.dk) and
Peter Møllgaard
No 2002-06, CIE Discussion Papers from University of Copenhagen. Department of Economics. Centre for Industrial 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: Dominant Position; Economic Interpretation; Econometric Tests (search for similar items in EconPapers)
JEL-codes: K21 L41 L61 (search for similar items in EconPapers)
Pages: 7 pages
Date: 2002-11
New Economics Papers: this item is included in nep-com, nep-ind and nep-law
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Working Paper: Meaningful and Measurable Market Domination (2002) 
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