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26033 Competition Economics, 5 sp 
Kod 26033  Giltighet 01.01.1950 -
Namn Competition Economics  Förkortning CompEcon,Hki 
Omfattning5 sp  Föråldringstid 10 år
TypFördjupade studier Läroämne260 Nationalekonomi 
SlagStudieperiod  Timantal  
Studierätt   BedömningStandardskala 
Rekom. prestationstid 
Ansvarig enhet Nationalekonomi, Helsingfors 

Stenbacka, Rune 


This course presents a modern approach to competition economics with an emphasis on selected elements of strategic competition and on European competition policy. The participants are expected to have some knowledge of elementary models associated with the economics of strategy (game theory and oligopoly models). The course will focus on the following issues:

  • the definition of a relevant market
  • horizontal agreements, collusion and the enforcement of cartel laws
  • vertical agreements
  • concerted practices with a particular focus on the exchange of information between competitors
  • evaluations of mergers, in particular horizontal mergers
  • business practices in light of the prohibition to abuse market dominance
  • strategic creation of switching costs and loyalty-enhancing pricing strategies
  • price discrimination with a particular focus on history-based pricing
  • individualized pricing and privacy
  • the relationship between competition policy and sector-specific regulation.

The course is linked to the contemporary legal framework in Europe, but is not a course in competition law. The course will present topical European competition cases and present an overview of the main methods used to evaluate competition policy cases.


You are acquainted with the central features of European competition law and its implementation from a theoretical as well as an empirical perspective.

Efter avlagd kurs kan du 

• design business strategies and pricing for firms in recognition of the central constraints imposed by competition law.
• conduct market analysis in recognition of the central constraints imposed by competition law.


Class-based course


A completed intermediate level course in microeconomics.


Guest lectures.

Studerandes totala arbetsmängd 

134 hours divided into
Scheduled (contact) hours: 30 h
Non-scheduled work: 104 h


Lectures 30 h, exercises, cases

Litteratur och undervisningsmaterial 
  • Motta, M. (2004). Competition Policy: Theory and practice. Cambridge: Cambridge University Press. Chapters 3-7.
  • Belleflamme P. & M. Peitz (2015). Industrial Organization: Markets and Strategies. Second Edition. Cambridge: Cambridge University Press. Chapters 7-10, 14 and 15.
Examination och bedömning 

Final exam 100 %

Motsvarande kurser 

Students who have completed the earlier course Competition Policy (6 ECTS, course code 2687) cannot take this course.

Fristående studier (Öppna universitetet, JOO och samarbeten) 

Open university quota: 3
Quota for JOO-students: 3


Pågående och kommande undervisning (anmälan kräver inloggning och giltig studierätt)
Funktionerna Namn Typ sp Kursansvarig Tidtabell
Anmälningstiden är slut Competition Economics, Hki  Kurs  Stenbacka, Rune 
15.03.21 -07.05.21 -
anmälningstiden har inte börjat Competition Economics, Hki  Kurs  Stenbacka, Rune 
14.03.22 -06.05.22 -

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