Table of Contents: Competition Authorities in South Eastern Europe :

Competition Authorities in South Eastern Europe : Building Institutions in Emerging Markets.

Bibliographic Details
Main Author:	Begović, Boris.
Other Authors:	Popović, Dusan V.
Format:	eBook
Language:	English
Published:	Cham : Springer International Publishing AG, 2018.
Edition:	1st ed.
Series:	Contributions to Economics Series
Subjects:	Electronic books.
Online Access:	Click to View

Table of Contents:

Intro
Foreword
Contents
List of Contributors
Introduction
Western Balkans and the Design of Effective Competition Law: The Role of Economic, Institutional and Cultural Characteristics
1 Introduction
2 Models of Competition Policy Regime
2.1 Institutional Set-Up
2.1.1 The General Model and the Independence and Accountability of the Competition Authority
2.1.2 Scope of the Enforcement and Other Powers
2.1.3 Investigative and Sanctioning Power
2.1.4 Implementation of the Rules
2.1.5 Interpretation of the Substantive Rules
2.1.6 Sanction Policy
2.1.7 Priority Setting
3 Emerging Economies and the Shape of Competition Policy
3.1 Economic Characteristics
3.1.1 Barriers to Entry and the Role of the Government
3.1.2 Sectoral Composition of Output/Domestic Consumption
3.1.3 Informal Economy
3.2 Institutional Characteristics
3.3 Cultural Characteristics
4 Emerging Economies and the Shape of Competition Policy
4.1 Economic Characteristics
4.1.1 Barriers to Entry, Economic Activity and the Role of the State
4.1.2 Sectoral Composition of Output
4.1.3 Informal Economy
4.2 Institutional Characteristics
4.3 Cultural Characteristics
5 Conclusions
References
Middle Income Convergence Trap and the Role of Competition Policy in SEE Countries
1 Introduction
2 Engines of Economic Growth: The Mechanics of Middle Income Convergence Trap
3 Different Competition Policies for Different Per Capita Income Levels?
4 SEE Countries: In the Middle of the Convergence Trap?
5 Elements of Competition Policy for the SEE Countries
6 Conclusion
References
Institutional Design of State Aid Authorities in South East Europe: The Unfit Legal Transplant and Its Ramifications
1 Introduction
2 Duty to Introduce State Aid Control.
3 Types of State Aid Authorities in SEE Countries
3.1 Authority Closely Linked to the Government
3.2 Independent Authority Accountable to Parliament
4 Concluding Remarks: The Reasons for Inefficiency
References
Antitrust, Mergers, State Aid and Consumer Protection Under the Same Roof: Does Political Compromise Prevail over the Expert A...
1 Introduction
2 Institutional Capacities
3 Competition Authorities: What Should They Protect
4 How Should Competition Authorities Be Organised?
5 Antitrust, State Aid and Consumer Protection Under One Roof
6 Concluding Remarks
References
Realigning Competition Advocacy Priorities in the Context of Economic Adjustment Programmes: The Greek Case
1 Introduction
2 State-of-Play Before the Adjustment Programme
3 Increased Focus on Advocacy: Realigned Strategy
4 Liberalization of Professional Services
5 Greeceś OECD Competition Assessment Project
5.1 First Competition Assessment Project
5.2 Second Competition Assessment Project
5.3 Third Competition Assessment Project
6 Other Initiatives Regarding Regulatory Distortions Mostly Affecting Retail and the Food Supply Chain
7 Overall Progress: Indices
8 Competition Compliance and Awareness Guides and Other Outreach Activities
8.1 Trade Associations
8.2 Public Procurement and Bid-Rigging
8.3 Franchising
8.4 Regulatory Impact Assessment: Legislative Process
9 Concluding Remarks
References
The Role of Competition Advocacy: The Serbian Experience
1 Introduction
2 The Definition and Importance of Competition Advocacy
3 Competencies of the Serbian Commission
4 Serbian Experience
4.1 Non-binding Opinions
4.2 Advocacy with Local Authorities
4.3 Market Studies
4.4 Cooperation with Sector Regulators
4.5 Building Public Awareness of Competition Policy.
5 Lessons Learnt
6 Conclusion
References
Considerations Determining the Extent of Economic Analysis and the Choice of Legal Standards in Competition Law Enforcement
1 Introduction
2 Considerations that Influence the Choice of Legal Standards and the Extent of Economic Analysis in CL Enforcement
2.1 Welfare-Related Considerations
2.2 The Role of the Substantive Standard (SS)
2.3 The Effect of Reputation on the Choice of Standards
3 A Practical Approach to Choosing Legal Standards that Minimise Decision Errors
4 Concluding Remarks
References
Three Economistś Tools for Antitrust Analysis: A Non-technical Introduction
1 Introduction
2 Critical Loss Analysis
2.1 Critical Loss Analysis for Market Definition
2.1.1 Implicit Elasticities
2.1.2 Cost Estimates: Marginal vs. Variable, Constant vs. Fixed
2.1.3 The SSNIP
2.1.4 Market Definition Is Not the Whole Story
2.2 Critical Loss Analysis for Unilateral Effects Analysis
3 Upward Pricing Pressure
3.1 How to Use GUPPI?
3.2 GUPPI to UPP
3.3 The Diversion Ratio
3.4 The Limits of UPP and GUPPI
4 The Vertical Arithmetic
5 Conclusion
References
Pricing Benchmark in Market Definition: Theoretical Background and Practical Application
1 Introduction
2 The Methodological Approach to Defining the Relevant Market
3 Theoretical Foundations of Price-Based Tests
3.1 Price Correlation Analysis
3.2 Stationarity Test
3.3 Cointegration Test
3.4 Granger Causality Test
4 Summary of Case Studies
5 Practical Application of Price-Based Tests
5.1 Price Correlation Test
5.2 Stationarity Test (Unit Root Test)
5.3 Cointegration Test
5.4 Granger Causality Test
6 Conclusion
References
The Rationale for Using the Classic Cournot Mechanism in Merger Control
1 Introduction.
2 The Rationale for Cournot Mechanism
2.1 Cournot Mechanism as the Reduced Form of the Two-Stage Competition
2.1.1 Second Stage-Pricing Subgame
2.1.2 First Stage-The Choice of Capacities
2.2 Cournotś Mechanism and Traditional Unilateral Effects Reasoning
3 Cournotś Model and Calibrated Merger Simulation
3.1 Demand and Cost Functional Form
3.2 Model Calibration
4 Concluding Remarks
References
Difference-in-Differences as a Tool for Ex-Post Analysis of Mergers: The Case of a Merger in the Romanian Retail Market
1 Introduction
2 The Difference-in-Differences Technique
3 Applying the Methodology: Main Assumptions and Decisions
4 Results
5 Conclusions
References.

Competition Authorities in South Eastern Europe : Building Institutions in Emerging Markets.

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