Publication details
The Concept of Relevant Market: Some Critical Remarks
| Authors | |
|---|---|
| Year of publication | 2012 |
| Type | Article in Periodical |
| Magazine / Source | European Competition Law Review |
| MU Faculty or unit | |
| Citation | |
| Field | Law sciences |
| Keywords | relevant market;antitrust;competition law;SSNIP test;market share |
| Description | In this paper the author offers a critical view of the relevant market concept which is one of the key terms in competition (antitrust) law and strongly influences the end results of competition law regulation. The author presents the standpoint that in the current, quite narrow perception with strong legal meaning attributed to defined market boundaries, it has some significant shortcomings. Three levels are mentioned in the text to consider the issue: (i) too narrow market boundary definition, but connected with significant normative effects, (ii) imperfection of methods adopted for market boundary definition, and (iii) imperfect adoption of these methods in application practice. The author therefore suggests certain modifications of the entire concept accompanied by a mitigation of the significance attributed to the whole institute. |
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