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An Attempt to Draw Implications about Economic Analysis in Antitrust Cases (2022.12)

An Attempt to Draw Implications about Economic Analysis in Antitrust Cases (2022.12)

An Attempt to Draw Implications about Economic Analysis in Antitrust Cases(2022.12)

 UETSUGI, Takahiro(Subsection Chief, Office of Policy Planning and Research for Digital Markets, JFTC)
   SHIMOZU, Hideyuki(Director, Planning Office, Investigation Bureau, JFTC)

Abstract
 
The objective of this study is twofold: visualizing how economic analysis is used in antitrust cases and drawing possible implications. To this end, we conduct a survey and descriptively study the responses from the competition agencies in 11 jurisdictions. Our analyses illuminate (i) the usefulness of economic analysis to establish a theory of harm, (ii) the usefulness of economic analysis for examining bid-rigging/cartel cases, (iii) the importance of economic analysis to assess justifications of conducts concerned, and (iv) the necessity of reliable and sufficient data for economic analysis with reasonable counterfactual scenarios.
 

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