Competition Policy and the Economic Approach - Foundations and Limitations

This outstanding collection of original essays brings together some of the leading experts in competition economics, policy and law. They examine what lies at the core of the ‘economic approach to competition law’ and deal with its normative and institutional limitations. In recent years the ‘more economic approach’ has led to a modernisation of competition law throughout the world. This book comprehensively examines for the first time, the normative changes, the inherent limitations and the future potential of modern economics in antitrust.

Contributors: Oliver Budzinski, Uwe Cantner, Josef Drexl, Christoph Engel, Andreas Fuchs, Justus Haucap, Andreas Heinemann, Laurence Idot, Wolfgang Kerber, William E. Kovacic, Rupprecht Podszun, Michele Polo, Daniel L. Rubinfeld, Dirk Schroeder, Viktor J. Vanberg, Gregory J. Werden, Bart J. Wilson, Daniel Zimmer

Edward Elgar Publishing, 349 p.

Proposals have been promulgated for a reform of the TRIPS Agreement from a public interest perspective as a result of a joint project conducted by the Max-Planck-Institute for Intellectual Property and Competition Law and the Institute for Intellectual Property and Market Law at the University of Stockholm.

The Max Planck Institute for Intellectual Property, Competition & Tax Law Research Paper Series is a source for research papers authored by the MPI academic staff (eds.: Prof. Josef Drexl, Director.; Prof. Reto M. Hilty, Executive Director).

Papers cover topics on intellectual property law (copyright, patent, trademark law), competition law (law of unfair competition, antitrust law).
This Research Paper Series succeded the eJournal of the previous Max Planck Institute for Intellectual Property, Competition and Tax Law due to the reorganization of this Institute in two separate Institutes in 2011.