Global Competition Law and Economics [Paperback]

Einer Elhauge (Author), Damien Geradin (Author)

Book Description

Publication Date: March 14, 2007 | ISBN-10: 1841134651 | ISBN-13: 978-1841134659

Modern antitrust law is global antitrust law. Markets are becoming increasingly global, or at least multinational. Mergers between large corporations must typically get approval in both the US and the EU, for their activities often affect both markets. Cartels in one nation affect supply in others, and countries are increasingly entering into treaties with each other about the content or enforcement of competition laws. Thus, business people, lawyers, and law-makers can no longer be content with understanding only the antitrust and competition law of their home country. Modern antitrust law also differs from traditional antitrust law in that it now reflects the dominance of the economic model of analyzing antitrust and competition policy. Against this background, this new casebook represents the first comprehensive effort to examine US and EC competition law cases and decisions within a common analytical framework strongly based on economic theory. As an innovative casebook, it is addressed towards all students - not only from the US and Europe, but also from all jurisdictions having competition laws - providing insights into the two major global antitrust regimes in the world.

Editorial Reviews

Review

Pour tout praticien de la concurrence, cet ouvrage est fort utile et sa consultation ne peut etre que recommandeeLaurence Idot, Professeur a l'Universite Pantheon-Assas (Paris 2)Annuaire de Droit Europeenthe book is without doubt worthy of considerable praisecontains a vast collection of well-chosen material taking in a wide span of both antitrust and merger law issues. It is well written and clear throughout, particularly on the economic concepts, and provides incisive commentary and questions which inspire further study.Peter WhelanCambridge Law JournalVol 67, March 08Enlightened law professors and law schools will best serve their students not by teaching national competition law but by instead adopting Global Competition Law and Economics...an excellent book for introductory courses in comparative competition law at either a graduate or undergraduate level at institutions using some form of the Socratic method.Okeoghene OduduCommon Market Law ReviewVolume 44, issue 6This book is the best four-and-a-half centimetres of shelf-space that I have seen devoted to competition law and policy issues for a very long time. An exceptionally good buy.Yvonne van RoyNew Zealand Law JournalNovember 2007This book is novel because it treats the U.S. antitrust regime as just one of several that have to be considered. My question is: What took so long? Free from the ideologically-driven perspective that can affect other antitrust casebooks, this is also the first casebook organized from inception with an eye directly on the global context. Each chapter places E.C. decisions alongside U.S. decisions. This allows students to learn the law of both regimes simultaneously, rather than learning one and then after the fact trying to absorb the other. As a result, this book may be used in a classroom in Europe just as it will be used in the U.S. The result is a highly welcome contribution to the evolution of competition studies.Judge Douglas GinsburgApril 2007I had great success using the galleys of Global Competition Law and Economics to teach Comparative Antitrust Law at the University of Haifa Law School during the summer of 2006, to both American and Israeli law students. This textbook is the only one on the market that is extremely well suited for use in a comparative antitrust law class. Astonishingly, even though knowledge of European competition law has been important for a United States antitrust lawyer for more than a decade, until now there was no single volume that bridged these fields comprehensively. Finally the market has filled this considerable gap - by producing Global Competition Law and Economics.This is an extraordinarily teachable book that contains everything you might want to present in a comparative antitrust or comparative competition law class. It always contained exactly what I was looking for -both the similarities and the areas of greatest contrasts between the United States and the European systems. Moreover, it contains so much of each type of material that the instructor gets the pleasure of picking and choosing which of their favorite topics to cover.Both the law and the economics are extremely clearly and interestingly presented. It can be used equally well in a class for students who have never taken antitrust or competition law, or in an upper level class for students who already have taken a basic class in United States antitrust law or EU competition law and require more sophisticated material. It would be similarly valuable for antitrust lawyers who have an international practice.On behalf of comparative antitrust teachers everywhere please allow me to say - thank you. Finally, the comparative antitrust law book we have been waiting for has arrived Finally, the comparative antitrust field has a standard textbook to use. And a wonderful standard it is.Robert H. Lande, Venable Professor of Law at University of Baltimore Law School

About the Author

Einer Elhauge is Petrie Professor of Law at Harvard Law School. Damien Geradin is a Partner at Howrey LLP and Professor of Competition Law and Economics, TILEC, Tilburg University.

Product Details

• Paperback: 1170 pages
• Publisher: Hart Publishing (March 14, 2007)
• Language: English
• ISBN-10: 1841134651
• ISBN-13: 978-1841134659
• Product Dimensions: 9.4 x 6.7 x 2 inches
• Shipping Weight: 3.3 pounds (View shipping rates and policies)
• Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)
• Amazon Best Sellers Rank: #1,491,319 in Books (See Top 100 in Books)

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Most Helpful Customer Reviews

2 of 2 people found the following review helpful:

5.0 out of 5 stars I had great success teaching with this book.., April 8, 2007

By 

Robert H. Lande (Maryland, USA) - See all my reviews
(REAL NAME)   

This review is from: Global Competition Law and Economics (Paperback)

I had great success using the galleys of Global Competition Law & Economics to teach comparative competition/antitrust law at the University of Haifa Law School during the summer of 2006, to both American and Israeli law students.

This textbook is the first and only one on the market that is extremely well suited for use in a comparative competition law or antitrust law class. When I taught comparative antitrust/competition law in Scotland a few years ago I had to put my own material together because there was no comparative textbook on the market suitable for classroom use. It is simply astonishing that, even though knowledge of European competition law has been important for a United States antitrust lawyer for more than a decade - and vice-versa! - until now there was no single volume that bridged these fields comprehensively. But at long last the market has filled this considerable gap - by producing Global Competition Law & Economics.

This is an extraordinarily teachable book that contains everything you might want to present in a comparative competition or antitrust law class. It always contained exactly what I was looking for - the relevant background, and both the similarities and the areas of greatest contrasts between the United States and the European systems. Moreover, it contains so much of each type of material that the instructor gets the pleasure of picking and choosing which of their favorite topics to cover.

Both the law and the economics are extremely clearly and interestingly presented. I used it to teach a class of students who has never before taken a class in antitrust or competition law. For this reason we had to omit much of the book's more sophisticated material. However, I have no doubt that anyone teaching an upper level class for students who already have taken a basic class in United States antitrust law or EU competition law would find this more advanced material extremely useful. Its mix of background material and state-of-the art material should make it similarly valuable for competition/antitrust lawyers who have an international practice.

I believe I speak for comparative competition/antitrust teachers everywhere when I say "thank you". Finally, the comparative book we have been waiting for has arrived. Finally, the comparative competition/antitrust field has a standard textbook to use. And what a wonderful standard it is.

Robert H. Lande

Venable Professor of Law

University of Baltimore School of Law

0 of 1 people found the following review helpful:

5.0 out of 5 stars Make you think, October 19, 2008

By 

mf "fai_ghost" (Hong Kong) - See all my reviews

This review is from: Global Competition Law and Economics (Paperback)

Purchasing the book by chance as am having competition law course. It is comprehensive with introduction and illustration of the legal principles prior to showing the cases, in particular, the authors have listed lots of question for reader to think about the cases, as well as questions for the legislation and comparison between the US and EC law, in which only the book from Areeda in the Antitrust Analysis do in the same field. Take it...