New Directions in Price Test for Market Definition

Leandro Zipitria

MPRA Paper from University Library of Munich, Germany

Abstract: The appropriate definition of the relevant market is the main task in competition cases. But this definition, and its application, has proved difficult in abuse of dominance cases, mainly because of the cellophane fallacy. I offer new interpretations for the cointegration test and its vector error correction representation, in antitrust market definition. Then I apply them to define the beer market in Uruguay as an example.

Keywords: Antitrust; market definition; price test; beer sector. (search for similar items in EconPapers)
JEL-codes: C22 C32 L40 L66 (search for similar items in EconPapers)
Date: 2010
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