EU Cartel Law and Economics

Cédric Argenton is an associate professor of economics at Tilburg University (The Netherlands) and a former director of the Tilburg Law and Economics Center (TILEC). His research focuses on industrial organization, competition economics, and game theory.Damien Geradin is Professor of Competition Law & Economics at Tilburg University (the Netherlands) and the Founding Partner of Geradin Partners, a Brussels-based boutique law firm specialized in EU competition law and intellectual property law.Andreas Stephan is a Professor of Competition Law. He has a background in both Law and Economics and has widely published articles on all aspects of cartel enforcement.

The present book is indeed the first comprehensive study that has been conducted on EU cartel law and economics. It can serve as guidance for scholars, practitioners and competition authorities from both economic and legal backgrounds. The authors succeeded at exploring all the economic and legal aspects of cartel enforcement while emphasizing in their analysis on the main and the most important issues that truly needed reform. Most importantly, they confirmed the fact that economic theory is crucial for the design and enforcement of an effective competition law, including cartel enforcement, which was demonstrated notably by the recommendations and proposals that they have put forward.

• Introduction 1: A Primer on Cartels 2: The Regulatory and Institutional Framework of EU Cartel Law 3: Cartel Detection 4: Cartel Prosecution 5: Civil Damages