Transcription of ICN Unilateral Conduct Working Group …
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ICN Unilateral Conduct Working Group …
ICN Unilateral Conduct Working Group dominance / substantial MARKET POWER ANALYSIS PURSUANT TO Unilateral Conduct LAWS recommended practices The concept of dominance or substantial market power limits the scope of application of most Unilateral Conduct laws. Making dominance or substantial market power a prerequisite for intervention under Unilateral Conduct laws serves as a filter for intervention against specific anti-competitive The concept of dominance pursuant to Unilateral Conduct laws is generally equivalent to the possession of substantial market power, and thus this document uses the terms dominance and substantial market power interchangeably. Market power is defined generally as the ability to price profitably2 above the competitive level. dominance / substantial market power is a high degree of market power both with respect to the level to which price can be profitably raised and to the duration that price can be maintained at such a level.
ICN Unilateral Conduct Working Group DOMINANCE/SUBSTANTIAL MARKET POWER ANALYSIS PURSUANT TO UNILATERAL CONDUCT LAWS Recommended Practices The concept of dominance or substantial market power limits the scope of
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