114-0538/01 – Antitrust regulation and competition policy (AR)

Gurantor departmentDepartment of EconomicsCredits4
Subject guarantorIng. Ivana Jánošíková, Ph.D.Subject version guarantorIng. Ivana Jánošíková, Ph.D.
Study levelundergraduate or graduateRequirementChoice-compulsory type B
Year2Semesterwinter
Study languageEnglish
Year of introduction2019/2020Year of cancellation
Intended for the facultiesEKFIntended for study typesBachelor
Instruction secured by
LoginNameTuitorTeacher giving lectures
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

semestral projects

E-learning

Other requirements

Student has to get at least 51 % of the maximum 100 %. In this – maximum 10 % for attending the lectures, maximum 30 % for elaboration and presentation of 3 projects on the given topic, and maximum 60 % for writing the final test in the end of the semester.

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: The attendance is not compulsory

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Conditions for subject completion and attendance at the exercises within ISP: The attendance in lectures and seminars is not compulsory, the credit is awarded for elaborating and presenting a project on a given topic, the written exam follows.

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Occurrence in study plans

Academic yearProgrammeBranch/spec.Spec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2024/2025 (B0311A050005) Applied Economics (S02) International Economic Relations P English Ostrava 2 Choice-compulsory type B study plan
2023/2024 (B0311A050005) Applied Economics (S02) International Economic Relations P English Ostrava 2 Choice-compulsory type B study plan
2022/2023 (B0311A050005) Applied Economics (S02) International Economic Relations P English Ostrava 2 Choice-compulsory type B study plan
2021/2022 (B0311A050005) Applied Economics (S02) International Economic Relations P English Ostrava 2 Choice-compulsory type B study plan
2020/2021 (B0311A050005) Applied Economics (S02) International Economic Relations P English Ostrava 2 Choice-compulsory type B study plan
2019/2020 (B0311A050005) Applied Economics (S02) International Economic Relations P English 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

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