List of figures; List of tables; List of contributors; Preface; Introduction: the transformation of competition policy in Europe Bruce Lyons; Part I. Anticompetitive Behaviour by Firms with Market Power: Introduction; Section 1. Abuse of a Dominant Position: 1. Michelin II: the treatment of rebates Massimo Motta; 2. Interoperability and market foreclosure in the European Microsoft case Kai-Uwe Kühn and John Van Reenen; Section 2. Market Investigations: 3. Mobile call termination in the UK: a competitive bottleneck? Mark Armstrong and Julian Wright; 4. Relationship between buyer and seller power in retailing: UK supermarkets (2000) Paul Dobson; Part II. Agreements Between Firms: Introduction; Section 1. Cartels: 5. The graphite electrodes cartel: fines which deter? Morten Hviid and Andreas Stephan; 6. Assessment of damages in the district heating pipe cartel Peter Møllgaard; Section 2. Other Horizontal Agreements: 7. Interchange fees in payment card systems: price remedies in a two-sided market Jean-Charles Rochet; 8. The orders and rules of British horseracing: anticompetitive agreements or good governance of a multi-sided sport? Bruce Lyons; Section 3. Vertical Agreements: 9. Efficiency enhancing or anticompetitive vertical restraints? Selective and exclusive car distribution in Europe Frank Verboven; 10. Beer - the ties that bind Michael Waterson; 11. Parallel trade of prescription medicines: the Glaxo dual pricing case Patrick Rey and James Venit; Part III. Mergers: Introduction; Section 1. Measurement of Unilateral Effects: 12. A merger in the insurance industry: much easier to measure unilateral effects than expected Christian Gollier and Marc Ivaldi; 13. Merger simulations of unilateral effects: what can we learn from the UK brewing industry? Margaret Slade; Section 2. Coordinated Effects: 14. The ups and downs of the doctrine of collective dominance: sing game theory for merger policy Eliana Garces-Tolon, Damien Neven and Paul Seabright; 15. Capacity constraints and irreversible investments: defending against collective dominance in UPM Kymmene/Norske Skog/Haindl Kai-Uwe Kühn and John Van Reenen; Section 3. Vertical and Conglomerate Effects: 16. Vertical effects between natural gas and electricity production: the Neste/IVO merger in Finland Rune Stenbacka; 17. Horizontal, vertical and conglomerate effects: the GE/Honeywell merger in the EU Xavier Vives and Gianandrea Staffiero; Index.