WebJan 26, 2024 · Market definition. The starting point in any type of competition analysis is the definition of the “relevant” market. There are two fundamental dimensions of market definition: (i) the product market, that is, which products to group together and (ii) the geographic market, that is, which geographic areas to group together. WebFeb 21, 2012 · 2 Geographic market definition: Achilles’ heel of hospital merger control. No country has more experience with hospital merger enforcement than the United States. After the first hospital merger was challenged in 1981, the Department of Justice (DOJ) and Federal Trade Commission (FTC) initially had considerable success litigating hospital …
What is a Geographic Market? (with pictures) - Smart …
WebGeographic market definition is an important and challenging exercise that defies cursory analysis. This paper describes the process with an emphasis on markets that may extend beyond national borders. It also discusses how geographic market definition fits relative to competitive assessment, and the tendency of some authorities to leave ... Web2. Geographic Market Analysis in the U.S. 3. The Agencies’ approach to geographic market definition is consistent with and informed by that taken by U.S. courts. In . … cup head stainless steel bolts
An approach to market definition fit for the twenty-first century ...
WebJul 8, 2024 · Geographic market definition. More recently, commentators have also questioned whether the market definition method as currently applied sufficiently takes into account the globalised nature of today’s world. In particular, the Commission has been criticised for adopting too static an approach and taking into account too short a time … WebGeographic market definition across national borders. Defining the geographic scope of a market that may have national or broader borders can be a challenging process for … WebDefinition. The area relevant to the assessment of the conduct constitutes the geographic dimension of a relevant antitrust market. Under EU competition law, the relevant … cup heads online