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Department of Economics, Copenhagen Business School Working Paper Series, Department of Economics, Copenhagen Business School

No 09-2002:
Meaningful and Measurable Market Domination

Lisbeth F. la Cour and H. Peter Møllgaard

Abstract: The European Court of Justice’s definition of when a firm has a dominant position

has recently come under attack as being meaningless and impossible to measure. We argue that

both attacks are wrong, suggest an economic interpretation of domination and propose how it may

be measured using modern time series econometrics. We illustrate the approach empirically.

Keywords: Market domination; monopoly; competition policy; competition law; (follow links to similar papers)

JEL-Codes: D41; D42; K00; L12; L40; (follow links to similar papers)

7 pages, May 1, 2002

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