This subject is designed to provide students with a solid introduction to US antitrust and EU competition law, focusing on the differences and similarities between the two systems. Many similarities exist between the systems, given that the EU treaties that form the basis of EU competition law are largely inspired by the development of antitrust law in the United States. The differences dealt with include resale price maintenance, prohibition of parallel exports (EU), reverse settlement payments (a major issue in the pharmaceutical sector), predatory pricing, refusal to deal, and bundling. Procedural aspects are also covered, with analysis of the EU's system, which is largely agency driven compared with the system in the United States which depends primarily on private enforcement.

Subject rules