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Market Definition in EU Competition Law

Miguel S. Ferro

The maintenance of a fair, competitive market among member states is critical to the functioning of the EU economy. In this book, the first comprehensive, unifying view of market definition, Miguel Ferro adeptly explores the different economic-legal issues that arise in EU competition law.
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Chapter 8: Temporal market

Miguel S. Ferro

Extract

This chapter builds on the general methodological issues addressed in Chapter 5, focusing specifically on the temporal dimension of the method of market definition under EU competition law. It first clarifies the need to carry out any market definition within a specific timeframe of analysis, which depends on the purposes for which the market is being defined. In so doing it clarifies that the timeframe for market definition is always, necessarily, in the past and/or present, never in the future. It then moves on to discuss how, sometimes, it is necessary to define temporal markets, as a third dimension of market definition, and describes the case-law where this issue has arisen.

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