Monday, August 3, 2009

2.5. Proposals Towards Enhancing Predictability

In this section of chapter IV, we have so far dealt with the standard approach used to delineate relevant markets and to asses dominance, we have pointed to some possible consequences of theoretical developments as well as some consequences following from business trends and we have described and critically evaluated the current practice of the European Commission with regard to these issues. We now set out to make some proposals how the current practice of the European Commission could be improved. These are grouped into three sections: simple steps to improve predictability, improvements based on theoretical developments, and improvements taking the changes in business environment explicitly into account.