Read e-book online Economic Efficiency: The Sole Concern of Modern Antitrust PDF

By Ben Van Rompuy

ISBN-10: 9041138706

ISBN-13: 9789041138705

over the last decade, now we have witnessed an obvious convergence of perspectives between pageant organisation officers within the ecu Union and the USA at the applicable pursuits of pageant legislations enforcement. Antitrust coverage, it truly is now instructed, may still concentrate on improving financial potency, which we're to think will advertise patron welfare. fresh european fee guidance at the software of Article a hundred and one TFEU seem to banish concerns that can not be construed as having an financial potency price – comparable to the surroundings, cultural coverage, employment, public healthiness, and buyer safeguard – from the appliance of Article a hundred and one TFEU. Arguing that the professed adoption of an unique potency method of Article one hundred and one TFEU doesn't prevent, yet quite obfuscates the position of non-efficiency issues, the writer of this well timed contribution accomplishes the subsequent goals: strains the genesis of the shift to an potency orientation in ecu and US antitrust coverage and dispels numerous ingrained misconceptions that underpin it; demonstrates the shut interrelationship among evolving photos of the aim of antitrust, the advance of comparable enforcement norms, and enforcement output; presents in-depth analyses of a few analytically wealthy circumstances within the audiovisual region (and fairly these with regards to activities rights); and explores what the function of non-efficiency concerns within the program of Article a hundred and one TFEU may perhaps and may be below the modernized enforcement regime.

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