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Predatory Pricing in Transport Sector: Case Study of the STUDENT AGENCY, s.r.o.
Dobiáš, Adam ; Vacek, Pavel (advisor) ; Vaško, Dan (referee)
Predatory Pricing in Transport Sector: Case Study of the STUDENT AGENCY, s.r.o. Abstract This paper deals with predatory pricing in transport sector. A situation when one company sells its product at a very low price, intending to illegally drive competitors out of the market. Aim of this paper is to discuss mentioned issues in transport sector and to explain methods of solving predatory cases according to the newest guidelines of the European Commission, national competition au- thorities and national courts. Market delineation, dominance determination and predation cost analysis is discussed. Not only theoretical aspect of predatory behaviour and its impact on competition but also a detection of predatory pri- cing by authorities is discussed. Special attention to the specifics of transport sector is given. The core of this paper is an analysis of STUDENT AGENCY, s.r.o. case from year 2008, when mentioned company was accused of predatory pricing on their bus line Praha-Brno. Keywords predatory pricing, antitrust, competition, re- levant market, dominance, transportation, SS- NIP test, Reverse Cellophane Fallacy, Office for the Protection of Competition, STUDENT AGENCY, s.r.o.
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Predatory Behaviour in Transportation Sector - "Czech Railways v. Leo Express" case
Slámová, Iva ; Vacek, Pavel (advisor) ; Schwarz, Jiří (referee)
It is important to control whether dominant companies in particular market sectors follow laws and rules and do not abuse their dominance at the expense of weaker companies. This behaviour is likely to damage current or avoid the entry of new competitors, shrink the competition and set the environment for price changes the consumer is exposed to. The thesis clarifies the theoretical aspect of this issue and tries to apply it on the real case from the railway transport sector in order to describe the procedure of defining relevant market and market share and investigating the abusive behaviour. A questionnaire survey among railway passeners is an integral part of the thesis. JEL Classification D21, D22, K21, L11, L12, L40 Keywords Predatory prices, relevant market, SSNIP test, railway transport, Czech Railways Author's e-mail Iva-Slamova@seznam.cz Supervisor's e-mail vacek@fsv.cuni.cz
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Relevant market on multisided online platforms in the view of the European Commission and doctrine
Pavlík, Matěj ; Šmejkal, Václav (advisor) ; Říha, Michal (referee)
Relevant market on multisided online platforms in the view of the European Commission and doctrine Abstract The master thesis deals with the issue of defining the relevant market in relation to multilateral platforms. In its first part, it analyzes in detail the leading theories regarding a definition of a multisided platform is its typology. The conclusions of these analyzes then form the basis of the second part, which is the core of the work. There are described leading methods of defining the relevant market, problems with their application to multisided platforms and doctrinal proposals on how to modify these methods. This core part first deals with the dilemma of defining one market encompassing both sides of a platform or separate markets for each side of the platform and then it focuses on the issue of implementation of the SSNIP test. The individual decisions of the Commission are confronted with the comprehensive conclusions of the doctrine within the individual analyzes, and the compliance of the Commission's approach in the given decision with the doctrine is assessed here. Keywords: multisided platforms, relevant market, SSNIP test
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Dominantní postavení a jeho zneužívání v obchodní činnosti
Bouchal, David
The diploma thesis deals with the issue of protection of competition. Particular attention is paid to practices of abuse of a dominant position. In the first part of the thesis are presented theoretical starting points for processing of own work. Practical examples are described. In the second part. In conclusion, recommendations are suggested and the risks of forbidden practices identified.
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Predatory Behaviour in Transportation Sector - "Czech Railways v. Leo Express" case
Slámová, Iva ; Vacek, Pavel (advisor) ; Schwarz, Jiří (referee)
It is important to control whether dominant companies in particular market sectors follow laws and rules and do not abuse their dominance at the expense of weaker companies. This behaviour is likely to damage current or avoid the entry of new competitors, shrink the competition and set the environment for price changes the consumer is exposed to. The thesis clarifies the theoretical aspect of this issue and tries to apply it on the real case from the railway transport sector in order to describe the procedure of defining relevant market and market share and investigating the abusive behaviour. A questionnaire survey among railway passeners is an integral part of the thesis. JEL Classification D21, D22, K21, L11, L12, L40 Keywords Predatory prices, relevant market, SSNIP test, railway transport, Czech Railways Author's e-mail Iva-Slamova@seznam.cz Supervisor's e-mail vacek@fsv.cuni.cz
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Definition of Relevant Market in Rail Transportation on the Route Prague - Košice using consumer survey
Juhásová, Zuzana ; Vacek, Pavel (advisor) ; Luňáčková, Petra (referee)
The aim of the thesis is to define the relevant market in railway transportation on the route Prague - Košice. In the theoretical part we describe the concept of relevant market, its use and importance for competition policy. We explain methods used for defining the relevant market and focus on the SSNIP test and its practical application, critical loss analysis. In the empirical part we conduct a consumer survey among passenger on the route Prague - Košice and use its results to compute elasticity of demand for rail transportation on the route Prague - Košice and then we perform critical loss analysis. JEL Classification C80, C81, D42, D47,K21, L41, L92 Keywords relevant market, SSNIP test, critical loss analysis, critical elasticity, critical loss Author's e-mail juhasova.zuzana@gmail.com Supervisor's e-mail vacek@fsv.cuni.cz
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Predatory Pricing in Transport Sector: Case Study of the STUDENT AGENCY, s.r.o.
Dobiáš, Adam ; Vacek, Pavel (advisor) ; Vaško, Dan (referee)
Predatory Pricing in Transport Sector: Case Study of the STUDENT AGENCY, s.r.o. Abstract This paper deals with predatory pricing in transport sector. A situation when one company sells its product at a very low price, intending to illegally drive competitors out of the market. Aim of this paper is to discuss mentioned issues in transport sector and to explain methods of solving predatory cases according to the newest guidelines of the European Commission, national competition au- thorities and national courts. Market delineation, dominance determination and predation cost analysis is discussed. Not only theoretical aspect of predatory behaviour and its impact on competition but also a detection of predatory pri- cing by authorities is discussed. Special attention to the specifics of transport sector is given. The core of this paper is an analysis of STUDENT AGENCY, s.r.o. case from year 2008, when mentioned company was accused of predatory pricing on their bus line Praha-Brno. Keywords predatory pricing, antitrust, competition, re- levant market, dominance, transportation, SS- NIP test, Reverse Cellophane Fallacy, Office for the Protection of Competition, STUDENT AGENCY, s.r.o.
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