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COURSE OUTLINE
1. COURSE TITLE
2. COURSE CODE
ECON7180
3. NO. OF UNITS
3 Units
4. OFFERING DEPARTMENT
5. PREREQUISITES
Nil
6. MEDIUM OF INSTRUCTION
English
The course is designed to provide students with the requisite economics concepts needed
to enable them to investigate and analyze competition cases in the real world. Students
will learn the necessary economic tools to analyze why certain conduct engaged by firms
might be harmful to the competitive process. As competition policy is as much about
economics as about law, the students would also learn about the basic legal framework
governing the operation of competition law enforcement as well as the relevant
competition guidelines issued by competition agencies around the globe to help industries
to understand better the approach taken by them in their enforcement work. Through
this course, students are expected to be able to apply their knowledge of economics
grounded in a solid understanding of the relevant legal context in handling complex real
world competition cases.
8. COURSE CONTENT
I. Introduction: Is Market Power Growing across the Globe? Are Common Ownership
Harming Competition?
II. Industrial Organization Concepts and Market Structure
III. Legal Underpinnings of Competition Policy
IV. Single Firm Conduct
V. Cartels and Collusion
VI. Mergers
VII. Are Digital Markets any Different?
VIII. Students Presentations of Cases