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The Arbitrariness of Market Definition and an Evolutionary Concept of Markets

机译:市场定义的任意性与市场的演化概念

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摘要

Market definition is highly relevant in European case practice in competition law. Yet the tools and also the concepts are far from being very sophisticated. The critique of market definition by Richard Markovits is far-reaching: not only is market definition arbitrary, but current approaches also have an in-built bias towards a static snapshot understanding of the economy. Yet it would be wrong to give up this important step in antitrust analysis, since otherwise antitrust loses its function as the fundamental set of governing rules for markets. Instead, it is necessary to develop a more evolutionary concept of markets.
机译:市场定义与竞争法中的欧洲案例实践高度相关。然而,工具和概念远非十分复杂。理查德·马可维兹(Richard Markovits)对市场定义的批评是深远的:不仅市场定义是任意的,而且当前的方法还存在着对静态对经济的静态了解的固有偏见。然而,放弃反托拉斯分析中的这一重要步骤是错误的,因为否则,反托拉斯将失去其作为市场基本管理规则的功能。相反,有必要发展一种更具进化性的市场概念。

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