Dr Niamh Dunne

This course is available on the LLM (extended part-time), LLM (full-time), MSc in Regulation and University of Pennsylvania Law School LLM Visiting Students. This course is available with permission as an outside option to students on other programmes where regulations permit.

This course will be relevant to the following LLM specialisms: Competition, Innovation and Trade; Corporate and/or Commercial Law; European Law; International Business Law.

This course is capped at 60 students. Students must apply through Graduate Course Choice on LSEforYou.

This module provides an overview of the major features of contemporary competition (antitrust) law. Competition law comprises a set of legal rules which aim to control the socially-harmful exercise of private market power, whether through hardcore cartels, single firm monopoly behaviour, or mergers that reduce structural competition. This is a discipline that has undergone a remarkable process of expansion in recent decades, and competition laws are now actively enforced in around 130 jurisdictions worldwide. Instead of focusing on a particular regime, the module puts an emphasis on the fundamental debates underlying the adoption and evolution of this field, addressed in comparative perspective. Examples drawn primarily from EU and US competition law will be generally used by way of illustration. The course assumes no prior knowledge of competition law or economics, but aims to equip students to understand and analyse the key substantive elements found within most competition regimes. These include:

• Competition policy and basic concepts of antitrust economics;

• Anti-competitive agreements, including cartels and vertical restraints;

• Unilateral conduct rules, including refusal to deal and exclusionary practices; and

• Merger control, including horizontal and vertical mergers.

This course is delivered through a combination of classes and lectures totalling a minimum of 20 hours in Michaelmas Term. Students will usually have two additional hours in the Summer Term. This year teaching will be delivered through recorded online lectures and a mix of both in-person and online classes to accommodate students who are unable to physically be on campus. This course includes a reading week in Week 6 of Michaelmas Term.

All students are expected to produce one 1,500-word formative essay during the course.

• Whish & Bailey, Competition Law (9th ed., 2018);
• Jones & Sufrin, EU Competition Law: Cases and Materials (7th ed., 2019);
• Roger van den Bergh, Comparative Competition Law and Economics (2017); and
• Hovenkamp, The Antitrust Enterprise (2005).

Exam (100%, duration: 2 hours, reading time: 15 minutes) in the summer exam period.