In the Competition Law and Economics track you specialise in competition economics and regulation that affect day-to-day operations in all industries worldwide. This is 1 of 3 tracks you can opt for in the MSc Business Economics.
Competition is one of the prime organising principles of a market economy. Laws protect its processes, and international institutions enforce these laws when competition comes under threat. In the Competition Law and Economics track you learn to understand the intricacies of competition and the regulations that govern it.
A track for future business leaders and policy makers that would enjoy working in and with competitive markets.
Apart from economic theory, econometrics, basic law and jurisprudence, a key part of the curriculum focusses on applied law and economics. Therefore you will work on complex cases of competition policy, in particular of the European Commission.
In this course you will analyse all relevant substantive and procedural aspects of cartel agreements and abuse of dominance. Including the role of the state, public undertakings and the liberalization process. You will also study the whole legal framework of EU concentration control.
What methods can you use to identify the type and intensity of competition in a particular industry? In this course you learn about the different methods and how to apply them. Once you have identified the competition in a market, you will address how the market structure and changes affect the market price. During this course you will become familiar with current empirical techniques and apply these to real data by using Stata.
In competition policy cases, the development of a so-called 'theory of harm' is essential. This theory captures the economic reasoning that underlies the allegation of breaching competition laws. In this course you will learn how to apply economic theory and econometric methods in competition cases on cartels, abuse of dominance, mergers and state aid.
Competition policy is at the centre stage of day-to-day economic life. Consideration for the likely warnings of competition authorities are therefore an important concern in business strategies. Why and to what extent does society need rules restricting the behaviour of firms in markets? And how do these rules affect our economies?
This Master’s track will motivate you to research topical matters for your thesis. Our students have graduated with some of the following thesis topics:
Graduates of the Master's programme in Business Economics/Competition Law and Economics track have excellent job prospects for positions as researchers and experts in:
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