The main goal of this course is to provide the students with a systematic treatment of the fundamental questions, approaches and models in imperfectly competitive markets and their applications to real world competition policy. The students will become concerned with the causes and consequences of market power, strategic behavior of firms in markets with market power, the overall performance of markets. Each topic will be dealt with its relevance for practical competition policy; as e.g., cartel policy, merger control, and the control of abusive practices.
Main topics of the course: Objectives, history and the law of Competition Policy, sources and consequences of market power, the relevant market and market power, collusion and antitrust policy, horizontal mergers and merger control, vertical restraints and exclusion, strategies in markets with market power and abusive practices.
Literature:
Massimo Motta, Competition Policy, Cambridge University Press, 2004.
Paul Belleflamme, Martin Peitz, Industrial Organization: Markets and Strategies, Cammbridge, 2015.
Time & venue:
Lectures: Fridays, 12:00-14:00 (starting on 21.10.2022); TU Berlin, room tba
Discussion Session: Fridays, 10:00-12:00; TU Berlin, room tba
Exam:
Written exam & short paper
More information can be found on ISIS.
