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- Code:
- 26033
- Field:
- Microeconomics
- Targets:
- Master’s students Research Master's students
- Organiser:
- Hanken Shool of Economics
- Instructor:
- Rune Stenbacka
- Period:
- Period 4
- Format:
- Lecture
- Method:
- Contact teaching
- Venue:
- Hanken campus
- Enrollment:
In case of conflicting information consider the Sisu/Moodle pages the primary source of information.
Content
This course presents a modern approach to competition economics with an emphasis on selected elements of strategic competition and on European competition policy. The participants are expected to have some knowledge of elementary models associated with the economics of strategy (game theory and oligopoly models). The course will focus on the following issues:
- the definition of a relevant market
- horizontal agreements, collusion and the enforcement of cartel laws
- vertical agreements
- concerted practices with a particular focus on the exchange of information between competitors
- evaluations of mergers, in particular horizontal mergers
- business practices in light of the prohibition to abuse market dominance
- strategic creation of switching costs and loyalty-enhancing pricing strategies
- price discrimination with a particular focus on history-based pricing
- individualized pricing and privacy
- the relationship between competition policy and sector-specific regulation.
The course is linked to the contemporary legal framework in Europe, but is not a course in competition law. The course will present topical European competition cases and present an overview of the main methods used to evaluate competition policy cases.
Teaching
- Course Sisu page
- Schedule: TBA in August
- Study materials: can be found in Moodle (to be added to the list couple of days before the course starts)
- Access to many Moodle courses requires a 'key' (course password) which you can get from the teacher of the course.
- Most teachers post the course key as a message in Sisu or send it by email couple of days before the course begins.
- To be able to use all the features of the Moodle course workspace you must log in with your Hanken user ID (that is generated after the study rights have been granted)
- For more tips on how to register for a Moodle course area, click here.
- Access to many Moodle courses requires a 'key' (course password) which you can get from the teacher of the course.
Please register for the course in the Hanken Sisu with your Hanken username, further instructions can be found here.
University-specific instructions
Aalto University Students
- Code: no equivalent code
- Target groups: MSc / rMSc (not suitable for PhD students)
- Credit points: 5
- Credit transfer: please apply for inclusion
Hanken Students
Code: 26033
Target groups: MSc / rMSc (not suitable for PhD students)
Credit points: 5
University of Helsinki Students
- Code: ECOM-418
- Target groups: MSc / rMSc (not suitable for PhD students)
- Credit points: 5
- Credit transfer: apply for substitution in Sisu
FDPE Students Students
Not suitable for PhD students
Learning outcomes
After completing the course, you will be able to:
- design business strategies and pricing for firms in recognition of the central constraints imposed by competition law.
- conduct market analysis in recognition of the central constraints imposed by competition law.