Measuring excessive pricing as an abuse of dominance – an assessment of the criteria used in the Harmony Gold/Mittal Steel complaint
The Competition Tribunal recently found Mittal Steel SA guilty of abusing its super-dominant position by charging excessive prices to the detriment of consumers of flat carbon steel products. This article assesses the economic tests to be used for excessive pricing in light of the case and reviews t...
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| Format: | Article |
| Language: | English |
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AOSIS
2012-10-01
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| Series: | South African Journal of Economic and Management Sciences |
| Online Access: | https://sajems.org/index.php/sajems/article/view/460 |
| _version_ | 1818132300156633088 |
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| author | Reena das Nair |
| author_facet | Reena das Nair |
| author_sort | Reena das Nair |
| collection | DOAJ |
| description | The Competition Tribunal recently found Mittal Steel SA guilty of abusing its super-dominant position by charging excessive prices to the detriment of consumers of flat carbon steel products. This article assesses the economic tests to be used for excessive pricing in light of the case and reviews the lessons that can be learned from the evidence required for the different tests. It discusses issues related to using profitability as a test and points out problems and pitfalls in profitability measures. |
| first_indexed | 2024-12-11T08:34:38Z |
| format | Article |
| id | doaj.art-2121e57805034c5c8680488dfa083312 |
| institution | Directory Open Access Journal |
| issn | 1015-8812 2222-3436 |
| language | English |
| last_indexed | 2024-12-11T08:34:38Z |
| publishDate | 2012-10-01 |
| publisher | AOSIS |
| record_format | Article |
| series | South African Journal of Economic and Management Sciences |
| spelling | doaj.art-2121e57805034c5c8680488dfa0833122022-12-22T01:14:22ZengAOSISSouth African Journal of Economic and Management Sciences1015-88122222-34362012-10-0111327929110.4102/sajems.v11i3.460158Measuring excessive pricing as an abuse of dominance – an assessment of the criteria used in the Harmony Gold/Mittal Steel complaintReena das Nair0Competition CommissionThe Competition Tribunal recently found Mittal Steel SA guilty of abusing its super-dominant position by charging excessive prices to the detriment of consumers of flat carbon steel products. This article assesses the economic tests to be used for excessive pricing in light of the case and reviews the lessons that can be learned from the evidence required for the different tests. It discusses issues related to using profitability as a test and points out problems and pitfalls in profitability measures.https://sajems.org/index.php/sajems/article/view/460 |
| spellingShingle | Reena das Nair Measuring excessive pricing as an abuse of dominance – an assessment of the criteria used in the Harmony Gold/Mittal Steel complaint South African Journal of Economic and Management Sciences |
| title | Measuring excessive pricing as an abuse of dominance – an assessment of the criteria used in the Harmony Gold/Mittal Steel complaint |
| title_full | Measuring excessive pricing as an abuse of dominance – an assessment of the criteria used in the Harmony Gold/Mittal Steel complaint |
| title_fullStr | Measuring excessive pricing as an abuse of dominance – an assessment of the criteria used in the Harmony Gold/Mittal Steel complaint |
| title_full_unstemmed | Measuring excessive pricing as an abuse of dominance – an assessment of the criteria used in the Harmony Gold/Mittal Steel complaint |
| title_short | Measuring excessive pricing as an abuse of dominance – an assessment of the criteria used in the Harmony Gold/Mittal Steel complaint |
| title_sort | measuring excessive pricing as an abuse of dominance an assessment of the criteria used in the harmony gold mittal steel complaint |
| url | https://sajems.org/index.php/sajems/article/view/460 |
| work_keys_str_mv | AT reenadasnair measuringexcessivepricingasanabuseofdominanceanassessmentofthecriteriausedintheharmonygoldmittalsteelcomplaint |