This course provides an introduction to the core principles of contemporary competition (antitrust) law, which regulates the market power of firms to prevent socially harmful practices like cartels or mergers that reduce competition. It explores the fundamental ideas and debates driving competition law globally, drawing examples primarily from EU and US legal frameworks. The module examines ongoing discussions on the goals of competition enforcement, the role of economic analysis, and regional differences. No prior knowledge of competition law or economics is assumed. The course aims to equip students with the ability to understand and analyze key elements found in most competition law systems, including competition policy, basic antitrust economics, anti-competitive agreements, unilateral conduct rules, and merger control.
The course covers competition policy and basic concepts of antitrust economics, anti-competitive agreements (including cartels and vertical restraints), unilateral conduct rules (such as refusal to deal and exclusionary practices), and an outline of merger control.
This course has a limited number of places and demand may be high. Allocation is on a first-come, first-served basis for eligible students from 10 am on Thursday 2 October 2025. Submitting an additional written statement is not necessary and will not influence acceptance. Students confirm they meet any pre-requisites by applying.
Applicants must be enrolled in or accepted to specific LSE Master's programmes: LLM (extended part-time or full-time), MSc in Law and Finance, MSc in Regulation, or be a University of Pennsylvania Law School LLM Visiting Student. Other students may be eligible as an outside option with permission and subject to space.
For non-priority students, course selection requests for Principles of Global Competition Law will be processed from 10 am on Thursday 2 October 2025, if space permits.
No prior knowledge of competition law or economics is assumed for this course. It is designed to provide an introduction to core principles.
The course is assessed entirely by a written test, which accounts for 100% of the final grade. Active participation in weekly discussion classes is mandatory.