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Words: | Submitted: Mon Jun 19 2006
... of such incorporation? And, in any case, may such differences be properly reconciled with this proposal? This article suggests that an adoption of the American conclusions on predatory pricing issues may indeed be successful. To prove the truth of the proposition, it first specifies the two underlying principles of European Competition Law (namely, efficiency and European market integration), and criticises the approaches of the European officials on predatory pricing, in view of those principles (Parts I and II). It then sets forth the economic base of predatory pricing, as described in American literature, advancing a structural standard of analysis (Part III), which was largely embraced by American courts (Part IV), and finally concludes that, despite the existing differences of the two antitrust systems, the transfer of the American experience to Europe is both feasible and desirable (Part V). Predatory Pricing and the Goals of E.U. Competition Policy: Efficiency and Market Integration ...
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