Economics for Competition Law

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KEY BENEFITS

* Gives an in-depth insight into European Competition Law principles and practice.
* Programme materials are written by experts in the field.
* Can be studied anywhere in the world.



PURPOSE

For practising lawyers, regulators, academics and those with a specific need for knowledge of Economics for Competition Law. Aims to provide the professional with an understanding of the increasingly important role that economics plays in competition law and an understanding of when economic analysis is needed for a particular competition law case.

DESCRIPTION

Covers how to apply economic theory to the practice of competition law. The first unit covers the conceptual foundations of economics as applied to competition law. The next two units cover the basic building blocks of economics analysis in competition law: market power and market definition. Units four to seven look at economic issues that arise under Article 102, whilst unit eight deals with Article 101. These are followed by two units on mergers; one on state aid and one on empirical analysis.

Core programme content

Module One:

* Introduction to Economics of Competition Law
* Market Power
* Market Definition

Module Two:

* Predation and Excessive Pricing
* Price Discrimination, Discounts, Tying & Bundling
* Refusal to supply, Essential Facilities and Margin Squeeze
* Network Effects and Multi-Sided Markets
* Cartels and Vertical Restraints

Module Three:

* Mergers: Unilateral Effects
* Mergers: Co-ordinated Effects, Vertical and Non-horizontal Mergers
* State Aid
* Quantitative Techniques

Applicants must normally hold a degree in law or in a related discipline, of a good second class honours standard (or equivalent in the case of degrees differently graded), or be a qualified barrister or solicitor. Applications from candidates who have achieved a comparable academic level through past studies and where previous study, work or experience has made the applicant a suitable candidate for admission may also be considered. English Language Requirements CAE score: (read more) Cambridge English: Advanced (CAE) is part of the Cambridge English suite and is targeted at a high level (IETLS 6.5-8.0). It is an international English language exam set at the right level for academic and professional success. Developed by Cambridge English Language Assessment - part of the University of Cambridge - it helps you stand out from the crowd as a high achiever. 80 (Grade A)

Self-funded.

Accreditation

Kings is:

* one of the top 20 universities in the world (2013-4 QS international world rankings)
* the Sunday Times Best University for Graduate Employment 2012-3
* the fourth oldest university in England
* research-led and based in the heart of London.

Kings has over 26,000 students (including more than 10,600 postgraduates) from 140 countries and over 7,000 employees.

Kings provides world-class teaching and cutting-edge research:

* In the 2008 Research Assessment Exercise for British universities, 23 departments ranked in the top 25 per cent of British universities.
* Over half of our academic staff work in departments that are in the top 10 per cent in the UK.
* The College is in the top seven UK universities for research earnings with an overall annual income of nearly £587 million.

Kings has a distinguished reputation in:

* the humanities
* law
* the sciences, including health areas such as psychiatry, medicine, nursing and dentistry
* social sciences, including international affairs.

King's is in The Complete University Guide's Top Ten for:

* Anatomy & Physiology - 6th
* Biological Sciences - 9th
* Classics & Ancient History - 9th
* Dentistry - 2nd
* Drama, Dance & Cinematics - 6th
* Education - 2nd
* Food Science - 1st
* French - 8th
* Geography & Environmental Science - 10th
* History - 9th
* Law - 8th
* Music - 7th
* Nursing - 10th
* Philosophy - 6th
* Physiotherapy - 5th.

Kings has influenced many of the advances that shape modern life, such as:

* the discovery of the structure of DNA
* research that led to the development of radio, television, mobile phones and radar
* being the largest centre for the education of healthcare professionals in Europe.