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CLAICI A. & PROSSER T. - Law and Economics of Competition and Regulation (30h)

COURSE OBJECTIVES

At the end of Part I of the course, the student will be able to:

  • comprehend different theories of regulation, with specific focus on European Union Regulation;
  • critically assess different regulatory regimes and institutions as well as the challenges pertinent to rule making;
  • describe the role of regulatory and competition networks in the EU;
  • discuss legal and regulatory issues related to EU regulated sectors and to Services of General Interest.

At the end of Part II of the course, the student will be able to:

  • understand the main concepts related to economics of European competition law and policy;
  • explain the concepts of perfect competition, market imperfections, market power as well as to discuss different types of markets (monopoly, oligopoly) and define the relevant market;
  • apply the relevant economic theory to the different areas of competition law, namely collusion, horizontal agreements, vertical restraints, mergers, abuses of dominance, and state aid.