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European Competition Law

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • General Introduction

  • Part 1: Introduction

  • Part 2: Restrictive agreements and abuse of dominant position

    • Title 2: Restrictive agreements

      • Chapter 1: Principle

        • Section 1: Prohibition

          • I: Restriction of competition

            • A: Definition of the relevant market

              • 1°: Principles

                • a): Necessity

                • b): Relativity

                • c): Elasticity of demand

                • d): Elasticity of supply

            • D: Potential competition

31. Definition of the market and elasticity of supply

1 minute de lecture

Substitutability can also be analyzed on the supply side when it is as effective and immediate as demand ability, and when it induces similar conditions of competition for the products concerned . Products are substitutable from the supply side when suppliers are able to switch production to the relevant products or services of the suppliers concerned without incurring significant additional costs …

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