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Defining Relevant Market Under the European Union Competition Law - Regulations and Practice - Experience for Vietnam

The paper is divided into four chapters. The first chapter introduces the need of the competition law and the role of market definition in competition law. In this chapter, I will brief the main objectives, the tools of European Competition Law and the important role of competition law. The second chapter deals with regulation of relevant product market under European Competition Law, including (i) Commission’s Notice on market definition, (ii) basis principles to define relevant market, (iii) economic tests in defining relevant product market, (iv) factors to define, and finally (v) case law illustrating the Commission’s analytical approach. The third chapter uses the same approach as the second one but deal with relevant geographic market. The chapter four will discuss definition of relevant market under Vietnam competition law, including provision of market definition, general comments and some recommendations for the Vietnam Competition Authority as well as enterprises to identify relevant market.