Ex Post Economic Evaluation of Competition Policy: The EU Experience

ILZKOVITZ Fabienne , DIERX Adriaan

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Summary

Ex Post Economic Evaluation of Competition Policy contributes to a better knowledge of the economic impact of this policy, which is essential for the good functioning of the internal market in the European Union. Competition authorities are increasingly interested in understanding the impact of their activities on markets and consumers. The goal is to improve competition policy rules and decision-making practices and to get robust evidence on the benefits of competition and competition policy for society as a whole. Discussions with competition authorities, practitioners and academics have shown the need to take stock of the experience gained in this field by the European Commission and to present it in an easily accessible way. 

What’s in this book:
The studies collected in this volume – prepared by senior Commission officials and competition policy experts – range from the ex post evaluation of specific policy interventions to the assessment of the broader impact of competition policy. The issues and topics examined include the following:

  • objectives and scope of evaluations by the European Commission; 
  • description of counterfactual evaluation techniques that are used;
  • conditions for a successful ex post evaluation of a competition policy intervention; 
  • a wide selection of individual cases covering a variety of economic sectors;
  • applications in merger control, antitrust and State aid;
  • direct benefits of competition policy interventions for consumers;
  • deterrent effects of such interventions on market participants; and
  • macroeconomic outcomes in terms of job creation, productivity and GDP growth.

By presenting a collection of robust ex post evaluations on a wide range of topics, this book sets out the path for future development of ex post evaluation in the competition policy domain.

How this will help you:
This matchless book assembles within a single volume all that is needed for competition policy analysts and practitioners to undertake ex post economic evaluations. While its collection of state-of-the-art ex post evaluation studies has a clear value for competition authorities, it is sure to be welcomed as well by competition law practitioners in the private sector, who will greatly appreciate the effort made to cast a critical eye on decisions made in the past. Moreover, it allows for addressing some of the new challenges facing competition policymakers.

Table of contents

Editors

Contributors

List of Tables

List of Figures

Acknowledgements

Foreword

Preface: Contents and Main Lessons Learnt

CHAPTER 1
EU Competition Policy and Ex Post Evaluation: Key Concepts
Fabienne Ilzkovitz & Adriaan Dierx

PART I
THE EX POST EVALUATION OF MERGER INTERVENTIONS

CHAPTER 2
A Review of Merger Decisions in the EU
Richard Havell, Franco Mariuzzo & Peter Ormosi

CHAPTER 3
The Impact of Mobile Telecom Mergers on Prices and Quality: Evidence from Quantitative Studies
Luca Aguzzoni & Luca Di Martile

CHAPTER 4
The T-Mobile/Orange UK Merger Case
Paolo Buccirossi, Alessia Marrazzo & Salvatore Nava

PART II
THE EX POST EVALUATION OF ANTITRUST DECISIONS

CHAPTER 5
The Telekomunikacja Polska Antitrust Case
Alessia Marrazzo, Paolo Buccirossi & Salvatore Nava

CHAPTER 6
Alleged Abuse by E.ON of Its Dominant Position in the German Wholesale Electricity Market
Veit Böckers, Tomaso Duso & Florian Szücs

PART III
EX POST EVALUATION OF STATE AID

CHAPTER 7
The Role of Evaluation in the EU State Aid Control
Penelope Papandropoulos, Rodrigo Peduzzi & Cornelius Schmidt

CHAPTER 8
Ex Post Assessment of the Impact of State Aid on Competition: The Case of Newquay Airport in the UK
Nicole Robins

CHAPTER 9
The Impact of State Aid Schemes to Bring Basic Broadband to Rural Areas in Germany

CHAPTER 10
The Impact of State Aid on the Survival and Financial Viability of Aided Firms
Sven Heim, Kai Hüschelrath, Philipp Schmidt-Dengler & Maurizio Strazzeri

PART IV
THE BROADER IMPACT OF EU COMPETITION POLICY

CHAPTER 11
How to Measure the Direct Effects of Competition Policy Interventions?
Adriaan Dierx & Fabienne Ilzkovitz

CHAPTER 12
The Deterrent Effects of Competition Policy
Adriaan Dierx, Fabienne Ilzkovitz, Yannis Katsoulacos & David Ulph

CHAPTER 13
The Macroeconomic and Sectoral Impact of EU Competition Policy
Fabienne Ilzkovitz, Mattia Cai, Roberta Cardani, Adriaan Dierx & Filippo Pericoli

Index