European Court Gets it Right on Abusive Margin Squeeze in Regulated Industries

October 29, 2010

(by Bruce Lyons) Last week’s decision by Europe’s highest court provides admirable clarity and a welcome constraint on specialist regulators.  This seems to contrast with the apparently muddled situation in the USA.  The Court of Justice of the EU (formerly known as the ECJ) has finally confirmed the earlier judgements of the Commission and General Court (formerly CFI) in relation to the Deutsche Telekom (DT) case.  The case has been much debated, but it is worth reflecting on some of the consequences for the economic application of competition law. Read the rest of this entry »