Professor(s) |
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Objetives |
The course is divided in two parts. In the first part we will study situations where market failures prevent competition from delivering efficient outcomes. This is typically the case in sectors such as energy, telecommunications, or transportation. Market regulation in these markets emerges as a way to mitigate inefficiencies. We will also discuss how the lessons from market regulation are now being applied to the digital economy, where the role of big platforms has become increasingly important. The second part of the course is an introduction to competition policy. Using standard industrial economics models, we will discuss the three prototypical areas of intervention: abuse of dominant position, collusion, and merger control. |
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Module / Term |
Module II: Elective Courses (54 ECTS) / Term 4 (18 ECTS) |
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Course details |
UIMP code 102673 / 6 ECTS / Elective |
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Hours |
Monday (15:00 - 16:30), and Thursday (09:30 - 13:00) |
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Evaluation Criteria |
Exercises, presentations and exams |
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Course page |
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Syllabus |
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