Archive for October 6th, 2011
Tougher Competition Law
The day before yesterday, in Joined Cases C‑403/08 and C‑429/08 (Premier League), the Court of Justice :
(i) failed to understand what a public good is;
(ii) further expanded the “object” box.
And a proposition: would I be a monopolistic supplier (like FAPL), I’d sell to one buyer only in the EU, at a very high price. Or I’d sell to all of them, at a very high, similar price (to limit arbitrage).
This case has been presented as a victory for market integration. I am afraid this is more of a knock-out.