Dominant Market Position and Ordoliberalism

Massimiliano Vatiero, Università della Svizzera italiana discusses Dominant Market Position and Ordoliberalism.

ABSTRACT: Since it is still difficult to translate in economic terms both the definition of “dominant position” and its “abuse”, the work reappraises, using a simple game-theory framework, the ordoliberal thought — from which derives the current European competition law. This leads to a wider idea of dominance which includes not only the economic domain but also the impact of private economic power on the political sphere.