Κατεύθυνση Ιδιωτικό Δίκαιο και Εμπορικές Συναλλαγές
Library of the School of Law

2023-03-22

2023

Ahmedova Mahri

Εμμανουήλ Μαστρομανώλης , Επίκουρος Καθηγητής, Νομική Σχολή, ΕΚΠΑ

Excessive pricing under EU jurisprudence : evolution, analysis and prospects

English

Excessive pricing under EU jurisprudence : evolution, analysis and prospects

In the field of competition law, excessive pricing is a topic of heated controversy. Excessive pricing may take various shapes, but it always involves setting prices that are out of line with the current market. The European Union has been quite public about its displeasure with what it sees as excessive pricing practices. The EU is using its jurisprudence to tighten down on businesses, and the DB case is only one example. For a number of years, the issue of excessive pricing has been a major talking point in the European Union. This study was an attempt to shed light on the examination of exorbitant pricing, and it was a qualitative one at that. Findings from this study show that the European Commission has proposed a new anti-trust legislation that, if enacted, would provide EU authorities the right to take legal action against cartels suspected of illegally increasing drug prices. This study argues that European Union competition law should still apply in some circumstances when prices are clearly exorbitant. United Brands uses a two-stage evaluation process to determine why prices are so high. Instead of looking for a huge profit margin, the first thing to do is make sure the prices are excessive on the face of it. Using this criterion, competition authorities should consider the product's cost in relation to its economic value.

Law and Legislation

Private Law
Commercial Law

Exessive pricing, exessive pricing in EU, exessive pricing analysis

No

0

No

66

75

https://pergamos.lib.uoa.gr/uoa/dl/object/3269362/file.pdf

https://pergamos.lib.uoa.gr/uoa/dl/object/3269362