TY - BOOK AU - Motta,Massimo AU - Schweitzer,Heike AU - Peitz,Martin TI - Market investigations: a new competition tool for Europe? SN - 9781009072007 (ebook) AV - HF1414 .M366 2022 U1 - 338.6/048 23 PY - 2022/// CY - Cambridge PB - Cambridge University Press KW - Competition KW - Business KW - Data processing KW - Information technology KW - Competition, Unfair N1 - Title from publisher's bibliographic system (viewed on 23 Dec 2021) N2 - In many economic sectors - the digital industries being first and foremost - the market power of dominant firms has been steadily increasing and is rarely challenged by competitors. Existing competition laws and regulations have been unable to make markets more contestable. The book argues that a new competition tool is needed: market investigations. This tool allows authorities to intervene in markets which do not function as they should, due to market features such as network effects, scale economies, switching costs, and behavioural biases. The book explains the role of market investigations, assesses their use in the few jurisdictions where they exist, and discusses how they should be designed. In so doing, it provides an invaluable and timely instrument to both practitioners and academics UR - https://doi.org/10.1017/9781009072007 ER -