The discussion on the merit and feasibility of a possible application of Behavioural Economics in Competition Law and Policy has been fierce, particularly so in the context of US Antitrust Law. The fundamental assumption of Behavioural Economics lies in the recognition that human decision making is vulnerable and subject to biases. So-called neo-classical economic models…
Economics has an increasingly important role in merger assessment. Hardly anyone can imagine trying to build a solid major merger case anymore without paying at least some attention to the indirect evidence gained from analyzing the set of indicative economic factors of the case at hand. Whilst there are differences e.g. between different NCA’s and…
“In appropriate cases, DG Competition may discuss in advance with the addressees or other affected parties the scope and the format of the Data Request. DG Competition may also explain the analysis that it intends to perform with the requested data in order to improve the efficiency of the data collecting process and to ensure…
