Quantum antitrust – A unified exclusionary abuse theory

Now that the judgments in Servizio Elettrico Nazionale and Unilever have made sense of previous case-law, a unified analytical framework can be predicated for all exclusionary abuses. It is made up of two limbs (artificiality/conduct deviating from competition on the merits and potential exclusionar...

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Autor: Solano Díaz, Pablo
Tipo de recurso: artículo
Fecha de publicación:2024
País:España
Institución:Universidad Autónoma de Madrid
Repositorio:Biblos-e Archivo. Repositorio Institucional de la UAM
Idioma:inglés
OAI Identifier:oai:repositorio.uam.es:10486/711684
Acceso en línea:http://hdl.handle.net/10486/711684
https://dx.doi.org/10.1007/s40319-024-01454-8
Access Level:acceso abierto
Palabra clave:Equally Efficient Competitors
Exclusionary Abuse
Legal Test
Servizio Elettrico Nazionale
Standard of Proof
Unilever
Derecho
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spelling Quantum antitrust – A unified exclusionary abuse theorySolano Díaz, PabloEqually Efficient CompetitorsExclusionary AbuseLegal TestServizio Elettrico NazionaleStandard of ProofUnileverDerechoNow that the judgments in Servizio Elettrico Nazionale and Unilever have made sense of previous case-law, a unified analytical framework can be predicated for all exclusionary abuses. It is made up of two limbs (artificiality/conduct deviating from competition on the merits and potential exclusionary effect/capability of foreclosing). The two limbs are two sides of the same coin, which consists of ascertaining whether the plausible rationale (in the sense of nature and economy) behind a dominant company’s conduct is to derive an advantage that equally efficient competitors cannot either derive by doing the same (first limb–artificiality) or offset by other means (second limb–potential effect). This exclusionary rationale, which is a cognitive state in the dominant company’s mind rather than an ontological reality, is objectivised by holistically judging the dominant company’s conduct against the backdrop of the relative efficiency of its competitors, which is the link between both limbs: if the inherent features of the company’s conduct and all the relevant circumstances surrounding it allow equally efficient competitors to either derive a similar advantage or to defeat its exclusionary effect by some other means, the conduct does not make anticompetitive sense (exclusion is not its plausible rationale). Owing to the very Darwinian nature of competition law, relative efficiency is the common “quantum” and, therefore, a useful yardstick for abuse from the historical, legal, teleological and practical perspectives, as well as from the points of view of causality and reality. Finally, plausibility would be the single standard of proof that could be rebutted by disproving either of the two limbs (in an Intel II-like fashion), either by providing an alternative non-exclusionary explanation that breaks the casual link or by putting forward an objective justification. All other tests and standards merely reflect the extent to which either the artificiality or the potential effects of the conduct can be presumed based on economic judgement or experience (as happened in merger control following CK Telecoms)–thus reconciling per se rules, consisting of an Art. 101-like cursory analysis, with a more economic approachSpringerDepartamento de Derecho Privado, Social y EconómicoFacultad de Derecho20242024-03-27research articlehttp://purl.org/coar/resource_type/c_2df8fbb1VoRhttp://purl.org/coar/version/c_970fb48d4fbd8a85info:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10486/711684https://dx.doi.org/10.1007/s40319-024-01454-8reponame:Biblos-e Archivo. Repositorio Institucional de la UAMinstname:Universidad Autónoma de MadridInglésengopen accesshttp://purl.org/coar/access_right/c_abf2info:eu-repo/semantics/openAccessoai:repositorio.uam.es:10486/7116842026-06-23T12:46:27Z
dc.title.none.fl_str_mv Quantum antitrust – A unified exclusionary abuse theory
title Quantum antitrust – A unified exclusionary abuse theory
spellingShingle Quantum antitrust – A unified exclusionary abuse theory
Solano Díaz, Pablo
Equally Efficient Competitors
Exclusionary Abuse
Legal Test
Servizio Elettrico Nazionale
Standard of Proof
Unilever
Derecho
title_short Quantum antitrust – A unified exclusionary abuse theory
title_full Quantum antitrust – A unified exclusionary abuse theory
title_fullStr Quantum antitrust – A unified exclusionary abuse theory
title_full_unstemmed Quantum antitrust – A unified exclusionary abuse theory
title_sort Quantum antitrust – A unified exclusionary abuse theory
dc.creator.none.fl_str_mv Solano Díaz, Pablo
author Solano Díaz, Pablo
author_facet Solano Díaz, Pablo
author_role author
dc.contributor.none.fl_str_mv Departamento de Derecho Privado, Social y Económico
Facultad de Derecho
dc.subject.none.fl_str_mv Equally Efficient Competitors
Exclusionary Abuse
Legal Test
Servizio Elettrico Nazionale
Standard of Proof
Unilever
Derecho
topic Equally Efficient Competitors
Exclusionary Abuse
Legal Test
Servizio Elettrico Nazionale
Standard of Proof
Unilever
Derecho
description Now that the judgments in Servizio Elettrico Nazionale and Unilever have made sense of previous case-law, a unified analytical framework can be predicated for all exclusionary abuses. It is made up of two limbs (artificiality/conduct deviating from competition on the merits and potential exclusionary effect/capability of foreclosing). The two limbs are two sides of the same coin, which consists of ascertaining whether the plausible rationale (in the sense of nature and economy) behind a dominant company’s conduct is to derive an advantage that equally efficient competitors cannot either derive by doing the same (first limb–artificiality) or offset by other means (second limb–potential effect). This exclusionary rationale, which is a cognitive state in the dominant company’s mind rather than an ontological reality, is objectivised by holistically judging the dominant company’s conduct against the backdrop of the relative efficiency of its competitors, which is the link between both limbs: if the inherent features of the company’s conduct and all the relevant circumstances surrounding it allow equally efficient competitors to either derive a similar advantage or to defeat its exclusionary effect by some other means, the conduct does not make anticompetitive sense (exclusion is not its plausible rationale). Owing to the very Darwinian nature of competition law, relative efficiency is the common “quantum” and, therefore, a useful yardstick for abuse from the historical, legal, teleological and practical perspectives, as well as from the points of view of causality and reality. Finally, plausibility would be the single standard of proof that could be rebutted by disproving either of the two limbs (in an Intel II-like fashion), either by providing an alternative non-exclusionary explanation that breaks the casual link or by putting forward an objective justification. All other tests and standards merely reflect the extent to which either the artificiality or the potential effects of the conduct can be presumed based on economic judgement or experience (as happened in merger control following CK Telecoms)–thus reconciling per se rules, consisting of an Art. 101-like cursory analysis, with a more economic approach
publishDate 2024
dc.date.none.fl_str_mv 2024
2024-03-27
dc.type.none.fl_str_mv research article
http://purl.org/coar/resource_type/c_2df8fbb1
VoR
http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.openaire.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv http://hdl.handle.net/10486/711684
https://dx.doi.org/10.1007/s40319-024-01454-8
url http://hdl.handle.net/10486/711684
https://dx.doi.org/10.1007/s40319-024-01454-8
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.rights.none.fl_str_mv open access
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eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Springer
publisher.none.fl_str_mv Springer
dc.source.none.fl_str_mv reponame:Biblos-e Archivo. Repositorio Institucional de la UAM
instname:Universidad Autónoma de Madrid
instname_str Universidad Autónoma de Madrid
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