ABSTRACT

In the introductory chapter of this book it was clear that one of the central concerns of the economics of competition was the control of market power. It is therefore unsurprising that all competition law regimes have measures which seek to control the exercise and maintenance of such power. In this chapter we shall discuss the ways in which the EC, through Art 82 EC, and the UK, through the Chapter II prohibition, seek to deal with market power or dominance, as it is known in the prohibitions, and also the provisions in the Enterprise Act 2002 on market investigations.