Università degli Studi di Pavia - Facoltà di Economia

Exam grade average: 27.2

Lecturer: Alberto Cavaliere alberto.cavaliere@unipv.it

Prerequisites:
Students are supposed to know Microeconomics and Industrial organization at an undergraduate level.

Didactic method:
The course will be based both traditional lectures aiming to present the basic ideas of modern competition policy, following the strategic perspective of game theory. Then students will be required to prepare and discuss anti-trust cases in the classroom.

Educational aim:
The course aims to make students aware of the importance of antitrust policies in modern market economies. The course should help students to understand the main distortions that can affect competition in real markets and the main policy tools to face them. Competition policy issues will be analysed both on the basis of theoretical progress made by industrial organization and following practical examples concerning both Europe and the US (antitrust cases).

Assesment:

Evaluations of presentations of antitrust cases by students in the classroom and final written examination

1.Competition Policy: Law and Economics
2.Market Power and Welfare
3.Market Definition and the Assessment of Market Power
4.Collusion and Horizontal Agreements
5.Horizontal Mergers
6.Vertical Restraints and Vertical Mergers
7.Predation, Monopolisation and Other Abusive practices
8.The main antitrust cases that will be reviewed concern Information Technology, Energy and Telecommunications

Massimo Motta “Competition Policy” Cambridge University Press, 2004 (chapters to be detailed during the lectures)