Centre for Competition Policy

Centre for Competition Policy
Abbreviation CCP
Formation 2004
Type University-based research centre
Purpose Competition Policy Research
Headquarters University of East Anglia, Norwich Research Park, Norwich, Norfolk, NR4 7TJ
Region served
United Kingdom United Kingdom
Director
Professor Morten Hviid
Parent organization
University of East Anglia
Website Official website

The Centre for Competition Policy (CCP) is a research centre based at the University of East Anglia. It was established in 2004, with a grant from the Economic and Social Research Council (ESRC) to fund a 10-year research programme. The centre incorporates economic, legal, management, political science and sociological perspectives to produce inter-disciplinary competition policy research.

The Economic and Social Research Council Centre for Competition Policy's research programme explores competition policy from the perspective of economics, law, business and political science.

A properly regulated, competitive market provides consumers with products they want at the best possible prices.

Competition policy provides the framework to encourage businesses to compete productively, and without fixing prices, unfairly excluding rivals, gaining market power through mergers, or receiving distortionary subsidies. It operates alongside policies that regulate other aspects of business behaviour (e.g. environmental, social).

Competition law provides little restraint on business behaviour in markets with many alternative suppliers. When fewer firms participate in a market, however, it is appropriate to constrain a range of anticompetitive business practices. In cases of monopoly, the policy options include direct regulation of the firms behaviour.

Economic analysis provides an understanding of how consumers, firms and markets operate, of when markets fail for lack of competition and of the consequences of policy interventions.

Legal analysis is necessary because the courts establish standards and provide the framework within which competition agencies have to operate. The design and development of policies, as well as the bodies that implement them, require an understanding from political science.

The Centre's research applies each of these disciplines individually and together to achieve real-world policy relevance without compromising academic rigour.

CCP operations

The ESRC Centre for Competition Policy's research explores competition policy from the perspective of economics, law, business and political science. Based at the University of East Anglia, the CCP has 19 academic faculty members working on the Centre’s research programme, three or four of whom are based full-time in the Centre each semester. Also undertaking and contributing to the research are research associates, post-doctoral research fellows, and PhD students (each of whom has at least one supervisor who is a CCP member).

While maintaining independence, CCP has close links with regulatory authorities, including the European Commission, Competition Commission, Office of Fair Trading, BIS, Ofgem, Ofcom, World Bank and with private sector practitioners. The Centre produces a regular series of working papers, policy briefings and publications, and a bi-annual newsletter with short articles reflecting our recent research. An e-bulletin keeps academics and practitioners in touch with publications and events, and there is a programme of conferences, workshops and practitioner seminars throughout the year. It is also a partner in the Competition Law and Economics European Network (CLEEN).

Public debate

CCP members have issued reports and commentary in public forums on topics including energy bills,[1] switching suppliers[2] and price fixing.[3] Recent scholarly articles include examinations of article 102 of the EU treaty,[4] antitrust dialectics,[5] and price matching.[6]

References

  1. Catherine Waddams and Morton Hviid on 'energy bills' in the Dec. 4, 2010 issue of The Independent newspaper
  2. Stephen Davies on 'switching suppliers' in the May 15, 2007 edition of The Guardian newspaper
  3. Andreas Stephan on 'price fixing by construction firms' in The Times Online from 21 Sept., 2009
  4. Akman, P. 'The European Commission's Guidance on Article 102TFEU: From Inferno to Paradiso' (2010) 73 (4) The Modern Law Review 605-630
  5. Andriychuk, O. 'Dialectical Antitrust: An Alternative Insight into the Methodology of the EC Competition Law Analysis in a period of Economic Downturn' European Competition Law Review, 4/2010 (April 2010)
  6. Hviid M. and Shaffer G. Matching Own Prices, Rivals' Prices or Both? Journal of Industrial Economics, Vol 58, Issue 3, pg 479-506 (September 2010)

External links