The role of competition economics explained in 7 minutes

There has been a significant increase in the economic sophistication of competition enforcement. The training video focuses on four notions for which economic analysis seems to be unavoidable:
🔴 market definition, 🟡 market power, 🟢 abuse of dominance & 🔵 vertical restraints.
The topics are explored by Renato Ferrandi (former Senior Competition Expert at OECD), Lefkothea Nteka (Partner at Lambadarios Law Firm) and Zombor Berezvai (Head of Competition Economics and Market Research Section at the GVH).
⚖️ This is a first video released for judges, building on the discussions of a Competition Lab for Judges held by the OECD-GVH Regional Centre for Competition in Budapest in November 2022 with the financial support of the European Union.
The series “Key competition topics explained in few minutes” is a training initiative by the OECD-GVH Regional Centre for Competition in Budapest, which builds on the discussion at its seminars to create short, focused videos on key competition notions.
Access this series of videos playlist at bit.ly/gvh-com...
Read more about our work and the OECD-GVH Regional Centre for Competition: oe.cd/budapest... and www.oecdgvh.org/.
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The video reflects only the authors’ views, and the European Commission is not responsible for any use that may be made of the information it contains.