Defining Product Markets for Retail Rental Space: Thoughts on Methodological Choices

Authors: Kałużnyu, Jakub; Nitsche, Rainer; Röller, Lars-Hendrik

Source: European Competition Journal, Volume 7, Number 3, December 2011 , pp. 421-431(11)

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Abstract:

Based on some recent decisions of national European competition authorities and courts, we analyse how the choice of methodology impacts the product market definition in the shopping centre industry. Relying only on product characteristics and existing industry classifications disregards actual substitutability patterns and may likely lead to market definitions that are too narrow. Ignoring the effects of externalities common in the industry has similar effect. Market definition should follow the SSNIP test logic and take these features into account.

Document Type: Research article

DOI: http://dx.doi.org/10.5235/ecj.v7n3.421

Publication date: 2011-12-01

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This scholarly, peer-reviewed publication of original articles and analysis of current developments in competition law is designed to complement and augment the existing literature with a special focus on European developments. Topics include:
- Vertical and Conglomerate Mergers
- Enlargement of the Union - the ramifications for Competition Policy
- Unilateral and Coordinated Effects in Merger Control
- Modernisation of European Competition law
- Cartels and Leniency
- Article 82- restatement or evolution?
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