114-0338/01 – Antitrust regulation and competition policy (PRO)

Gurantor departmentDepartment of EconomicsCredits4
Subject guarantorIng. Ivana Jánošíková, Ph.D.Subject version guarantorIng. Ivana Jánošíková, Ph.D.
Study levelundergraduate or graduateRequirementCompulsory
Year3Semesterwinter
Study languageCzech
Year of introduction2019/2020Year of cancellation
Intended for the facultiesEKFIntended for study typesBachelor
Instruction secured by
LoginNameTuitorTeacher giving lectures
JAN27 Ing. Hana Janáčková, Ph.D.
JAN77 Ing. Ivana Jánošíková, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit and Examination 2+1

Subject aims expressed by acquired skills and competences

The aim of this course is: - to understand the role of regulatory policy, - to describe problems of deregulation and privatization - to explain the purpose of regulation in public utility according to an analysis of the natural monopoly concept, - to discusse general institutional issues of regulatory process and the possibility of application the EU regulatory practices in conditions of the Czech Republic.

Teaching methods

Lectures
Seminars

Summary

In this course the role of regulatory policy and problems of deregulation and privatization are discussed. It is focused on the role of economic theory in public utility regulation and analysis of the natural monopoly concept. There are discussed general institutional issues of regulatory process and the possibility of application the EU regulatory practices in conditions of the Czech Republic.

Compulsory literature:

BALWIN, Robert and CAVE, Martin. Understanding Regulation. Theory, Strategy and Practice. Oxford University Press. New York, 2010. ISBN 978-0-19-877438-9 ROTHBARD, Murray N. and SALERNO, Joseph T. Man, Economy and State with Power and Market, Scholar’s Edition. 2nd edition. Ludwig von Misses Institute. Auburn, Alabama, 2011. ISBN 1933550996 STIGLITZ, Joseph E. Economics of the public sector. W. W. Norton, Incorporated, 2015. ISBN 0393925226, 9780393925227

Recommended literature:

MOSS, David A. and CISTERNINO, John A. New Perspectives on regulation. The Tobin Project, One Mifflin Place, Cambridge (USA), 2009. ISBN 978-0-9824788-0-6 PÉREZ-ARRIAGA, Ignacio J. Regulation of the Power Sector. Springer Science & Business Media. London, 2013. ISBN 978-1-4471-5033-6. VISCUSI W. Kip, HARRINGTON Joseph E., Jr. and SAPPINGTON David E. M. Economics of Regulation and Antitrust. 5th ed. Cambridge, MA, MIT Press, 2018. ISBN 9780262038065.

Way of continuous check of knowledge in the course of semester

K zápočtu student zpracuje prezentaci na určené téma a odprezentuje ji ve výuce. Zápočet může být hodnocen max. 30 body. Poté následuje písemná zkouška hodnocená max. 70 body. Student k uzavření předmětu musí získat aspoň 51 bodů z celkových 100 bodů. Studenti s ISP mají shodné podmínky.

E-learning

Studijní opory TpB: https://lms.vsb.cz/course/view.php?id=73959

Other requirements

Student has to get at least 51 % of the maximum 100 %. In this – maximum 30 % for elaboration and presentation of projects on the given topic, and maximum 70 % for writing the final written quiz.

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

1. Introduction to the theory of regulation 2. Competitive market structure - different approaches 3. Monopoly and price discrimination 4. Measurement of economic inefficiency of monopoly 5. Oligopoly 6. Measuring industry concentration 7. Forms of distortion of competition 8. Protection of competition in the Czech Republic - cartels, mergers and acquisitions 9. Protection of competition in the Czech Republic - public procurement 10. Protection of Competition in the Czech Republic - State Aid 11. Theory of regulation 12. Theoretical and practical approaches to antitrust regulation 13. Economic regulation and natural monopoly 14. Practical methods of price regulation

Conditions for subject completion

Full-time form (validity from: 2019/2020 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of pointsMax. počet pokusů
Credit and Examination Credit and Examination 100 (100) 51
        Credit Credit 30  10
        Examination Examination 70  21 3
Mandatory attendence participation: Attendance in lectures and seminars is not compulsory.

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Conditions for subject completion and attendance at the exercises within ISP: Credit - for elaborating a project on a given topic and presenting it in the class. Then the written exam follows.

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Occurrence in study plans

Academic yearProgrammeBranch/spec.Spec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2024/2025 (B0312A050001) Public Economics and Administration P Czech Ostrava 3 Compulsory study plan
2024/2025 (B0311EKF016) Economics P Czech Ostrava Choice-compulsory type B study plan
2023/2024 (B0312A050001) Public Economics and Administration P Czech Ostrava 3 Compulsory study plan
2023/2024 (B0311EKF016) Economics P Czech Ostrava Choice-compulsory type B study plan
2022/2023 (B0312A050001) Public Economics and Administration P Czech Ostrava 3 Compulsory study plan
2021/2022 (B0312A050001) Public Economics and Administration P Czech Ostrava 3 Compulsory study plan
2020/2021 (B0311A050004) Applied Economics (S01) International Economic Relations P Czech Ostrava 2 Choice-compulsory type B study plan
2020/2021 (B0312A050001) Public Economics and Administration P Czech Ostrava 3 Compulsory study plan
2019/2020 (B0312A050001) Public Economics and Administration P Czech Ostrava 3 Compulsory study plan
2019/2020 (B0311A050004) Applied Economics (S01) International Economic Relations P Czech Ostrava 2 Choice-compulsory type B study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner

Assessment of instruction



2023/2024 Winter
2022/2023 Winter
2021/2022 Winter