Flashcards
Dominant position
Cards in this deck (10)
- 1What's the relevant market?Product
Geographical - 2Product SubstitutabilityGoods and Services interchangeable
with products
(Bananas!) - 3Product Sub - DEMANDSSNID
Profitable? Would consumer switch to substitue?
Yes --> market includes products - 4Product Sub - SUPPLYWould supplier be able to switch with ease to production?
E.g. Paper Supplier - 5DOMINANCEEasily act INDEPENDENTLY
Thresholds!
+75%
+50-60%
40-50% + evidence
IP Rights
Superior distribution systems
exclusive technology - 6CONSEQUENCES OF ABUSEFines 10% group turnover
Restraint
Order - act
Termination/mod of agreement
Cease infringing behaviour - 7Failure to co-operate with investigationFines of up to 1% world turnover
- 8Limited immunity from fines - small businessestoo small to have signif impact
JT of parties must not exceed £20 million
turnover of undertaking must not exceed £50 million - 9limited immunity not available whereprice fixing
infringements of art 101 or 102 - 10ENFORCEMENTNCA
OFT can be involved in investigations 'reasonable grounds for suspecting infringement'
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- Description
- Postgraduate CLIP Flashcards on Dominant position, created by gabyc880 on 29/05/2013.
- Created by
- gabyc880
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