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LL200: Competition Law and Policy: Controlling Private Power

Course content


This course introduces the role of competition law and policy (antitrust) in regulating markets and constraining the development and abuse of private power. The main vehicles for analysis will be the competition laws of the UK and the EC, but the antitrust regime of the United States (and other major jurisdictions where appropriate) will be used to offer comparative insights.

The course will be divided into four parts:

  1. A detailed analysis of the law relating to the three main areas of competition policy attention: anti-competitive agreements, the abuse of market dominance and mergers.
  2. A review of the institutions and procedures by which competition laws are enforced in different jurisdictions.
  3. The regulation of specific business practices, such as cartels, predatory pricing, and essential facilities. This section describes each practice, highlights the potential competition concerns arising therefrom, reprises and develops the relevant law, and engages in critical discussion of the current application of law to each area.
  4. Competition law in a wider policy context. In this final part, students will consider the overlap, interaction, and friction between competition policy and other policy areas such as innovation, trade and development, media plurality and financial stability.

Specific topics covered are likely to include:

  •  The purposes of competition law and policy; Introduction to anti-competitive agreements
  •  Introduction to the control of abuse of dominance and mergers
  •  Institutions, procedures and enforcement; Multi-tiered and cross-border enforcement
  •  Cartel enforcement; Private enforcement
  •  Collusion and tacit collusion; Horizontal agreements
  •  Vertical agreements; IP licensing agreements
  •  Excessive and discriminatory pricing; Predatory pricing
  •  Tying and bundling
  •  Refusals to supply (‘Essential Facilities’ doctrine)
  •  Competition law and policy in the context of wider policy agendas
  •  Interface between competition law and trade and development policies
  •  Interface between competition law and media policy

The School of Law is one of the largest departments at the LSE, and has recently been ranked 7th in the 2014 QS World Law School Rankings.  On this three week intensive programme, you will engage with and learn from full-time lecturers from the LSE’s law faculty. LL200 course lecturers, Dr Andrew Scott and Dr Orla Lynskey teach on a number of our undergraduate and graduate law modules, including Media Law, Competition Law and Cyberlaw.

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Texts*

Students are advised to acquire one or other of the following texts:

  • Whish and Bailey (2012) Competition Law (7th ed, Oxford University Press), OR
  • Jones and Sufrin (2010) EC Competition Law: Text, Cases and Materials. (4th ed, Oxford University Press), OR
  • Monti (2007) European Competition Law (Cambridge University Press).

*A more detailed reading list will be supplied prior to the start of the programme

**Course content, faculty and dates may be subject to change without prior notice

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 KEY FACTS

Session: Two

Dates: 27th July - 14th August 2015

Lecturer: Dr Andrew Scott|
Dr Orla Lynskey|


Level : 200 level

Fees: Click here| for information

Prerequisites: Introduction to legal methods or equivalent

Lectures: 36 hours 

Classes: 12 hours

Assessment*: Written work and one written examination

Typical credit**: 3 credits (US) 7.5 ECTS points (EU)


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*assessment is optional – see FAQ’s

**You will need to check with your home institution. Read more about credit transfer.