European Competition Law
Full course description
This course offers an overview of the main areas of EU competition law sensu lato, that is including State aid and liberalization measures. The importance of this area of EU law cannot be overstated. This subset of the law sets out the rules of ‘fair play’ of the biggest economy of the world, which generates close to €14 trillion each year. In addition, the application of its principles have important consequences for the interplay, and respective roles, of the market and the state in providing certain services and products meant to promote welfare. Finally, EU competition law may be considered a ‘laboratory’ of EU law: many of the innovations and developments in general EU law can be traced to developments in this area.
The course covers the substantive and procedural domains of all five ‘subject areas’ of EU competition law: cartels, abuse of dominant position, concentration control, state aid, and the interplay between public undertakings and the services of general economic interest. Theory and practice are held to be equally important. From a theoretical perspective, the course aims to structure what might otherwise appear a chaotic multitude of regulations and cases. From a practical viewpoint, it is built upon the study of real-life or hypothetical cases.
The aim of this course is to invite students to study the legal sources of EU competition law in order to:
- gain a thorough knowledge of the relevant legal principles derived from these sources and application thereof to real life cases;
- reflect on the purpose(s) of EU competition law, its place in the legal framework for the internal market of the European Union and its interface with legal systems of the Member States;
- consider the role of each of the actors in EU competition law both at EU level and national level;
- analyse and evaluate new developments in the case law of the EU courts or in the administrative practice of the Commission.
A thorough knowledge of EU substantive and institutional law is a prerequisite to follow the course.
- Reader with selected legal sources, case-law and materials.