While the form-based approach was once considered to be fundamental to competition analysis, this approach has since lost its appeal. The form-based approach has been replaced worldwide with the effects-based approach, which requires a consideration and analysis of the economic  effects of firm behaviour. This necessitates an integration of economic theory into competition policy and regulation for a better understanding of competition law.

This text attempts to do precisely that.

Key Features of this publication;

• Analyses the effects-based approach
• Integrates economic theory into competition policy

About the Author:

Cornwell Dauds holds qualifications in law, tax, finance and accounting. He is a member of the Johannesburg Bar where he practises as an advocate. He was educated in South Africa and pursued postgraduate studies at Harvard Law School in the USA and London School of Economics in the UK. Dauds has written extensively in his fields of interest, which include competition law, tax law, financial derivatives and financial regulation. When he is not writing or practising law, Dauds pretends to be an amateur cosmologist.

• Foreword
• Chapter 1: Competition Law and the Influence of Economics
• Chapter 2: Competition Policy and Regulation 
• Chapter 3: Economic Standards in Competition Analysis
• Chapter 4: Market Definition
• Chapter 5: Market Power
• Chapter 6: The Per Se Rule and Rule of Reason
• Chapter 7: Horizontal Price Fixing
• Chapter 8: Vertical Price Fixing
• Chapter 9: Exclusionary Conduct
• Chapter 10: Predatory Pricing
• Chapter 11: Tie-ins
• Chapter 12: Excessive Pricing
• Chapter 13: Essential Facilities Doctrine
• Chapter 14: Price Discrimination
• Chapter 15: Horizontal Mergers
• Chapter 16: Vertical Mergers
• Appendix: Competition Act 89 of 1998
• Bibliography
• Index

Judges, legal practitioners, academics, economists, policymakers, advisors.