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Journal of Competition Law and Economics Advance Access originally published online on September 17, 2007
Journal of Competition Law and Economics 2008 4(2):449-534; doi:10.1093/joclec/nhm018
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© The Author (2007). Published by Oxford University Press. All rights reserved. For Permissions, please email: journals.permissions@oxfordjournals.org

LEVERAGING OF MARKET POWER IN EMERGING MARKETS: A REVIEW OF CASES, LITERATURE, AND A SUGGESTED FRAMEWORK

Pietro Crocioni *

JEL codes: K21, L1, L11

Leveraging of market power is a complex and controversial area. When it takes place in emerging markets the analysis is further complicated. This article attempts to provide some guidance by examining the relevant literature, cases, and factors in these cases. It provides a general framework for assessing whether and under what circumstances such concerns may be relevant. It also puts forward some practical suggestions on how the analysis of the various steps in a competition law case—market definition, dominance, abuse, consumer harm, and remedies—may be affected and may need to be modified accordingly.

* Associate Fellow, Centre for Management Under Regulation, Warwick Business School. E-mail: pcrocioni@yahoo.com. This article benefited from comments from Peter Culham, Lisa Correa, Tanja Salem, and Peter Lukacs and insights and suggestions from Massimo Motta and Tommaso Valletti. CRA International—Valter Sorana and Paul Reynolds—have also contributed by undertaking a review of selected relevant cases ("Leveraging of Market Power in Emerging Markets—A Survey," A Report Prepared for the Office of Communications). However, the content of this article reflects only the opinion of the author and any remaining inaccuracies and errors remain the sole responsibility of the author.


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