The Goals Of Competition Law

‘. . . this book, with its economics-based approach and international orientation, will certainly interest academic lawyers, graduate students and indeed policy makers whose decisions may affect the economic welfare of whole regions. With detailed footnotes and index, the compilation is also especially useful as a gateway to further research.’
– Phillip Taylor MBE and Elizabeth Taylor, The Barrister Magazine

What are the normative foundations of competition law? That is the question at the heart of this book. Leading scholars consider whether this branch of law serves just one or more than one goal, and, if it serves to protect unfettered competition as such, how this goal relates to other objectives such as the promotion of economic welfare.

The book brings together contributions on the relevance of different welfare standards, on the concept of ‘freedom to compete’ and on distributional fairness as a goal of competition law. Moreover, it discusses the relationship to other legal goals such as market integration. Finally, the specific issue of competition law goals in emerging economies is addressed.

The Goals of Competition Law will have strong appeal to academics in competition law and competition economics; policy-makers, enforcers and other practitioners in the field of competition law; and postgraduate students in competition law and competition economics.

Contents:

Preface

PART I: NORMATIVE FOUNDATIONS OF COMPETITION LAW
1. On the Choice of Welfare Standards in Competition Law
Louis Kaplow

2. What is Competition?
Maurice E. Stucke

3. Characteristic Aspects of Competition and their Consequences for the Objectives of Competition Law – Comment on Stucke
Andreas Fuchs

4. The Multiple Personalities of EU Competition Law: Time for a Comprehensive Debate on its Objectives
Laura Parret

5. The Goals of European Competition Law: Some Distortions in the Literature – Comment on Parret
David J. Gerber

6. Thinking Inside the Box: Why Competition as a Process is a Sui Generis Right – a Methodological Observation
Oles Andriychuk

7. Legal Interpretation and Practice versus Legal Theory: A Reconciliation of Competition Goals – Comment on Andriychuk
Anca Daniela Chirita

8. On the Normative Foundations of Competition Law – Efficiency, Political Freedom and the Freedom to Compete
Frank Maier-Rigaud

9. Efficiency, Political Freedom and the Freedom to Compete – Comment on Maier-Rigaud
Heike Schweitzer

10. Economic Content of Competition Law: The Point of Regulating Preferences
Adrian Künzler

11. On the Difference of Methodology in Jurisprudence and Economics – Comment on Künzler
Iwakazu Takahashi

12. Do Words Matter? A Discussion on Words used to Designate Values Associated with Competition Law
Paul Nihoul

13. On Words and on Shifting their Meaning – Comment on Nihoul
Josef Bejcek

14. Antitrust Pluralism and Justice
Abayomi Al-Ameen

15. Antitrust Pluralism and Justice – Comment on Al-Ameen
Michal S. Gal and Eran Fish

PART II: SELECTED ISSUES RELATED TO THE GOALS OF COMPETITION LAW
16. The Single Market Imperative and Consumer Welfare: Irreconcilable Goals? Exploring the Tensions Amongst the Objectives of European Competition Law through the Lens of Parallel Trade in Pharmaceuticals
Matteo Negrinotti

17. Goals of Union Competition Law on Regulated Markets: Pharmaceutical Industry and Parallel Trade – Comment on Negrinotti
Luboš Tichý

18. Excessive Pricing and the Goals of Competition Law
Thomas Ackermann

19. Excessive Pricing and the Goals of Competition Law: An Enforcement Perspective – Comment on Ackermann
Jörg Philipp Terhechte

20. China’s Anti-Monopoly Law: Agent of Competition Enhancement or Engine of Industrial Policy?
Xiaoye Wang and Jessica Su

21. China’s Anti-Monopoly Law: Agent of Competition Enhancement or Engine of Industrial Policy? – Comment on Wang and Su
Deborah Healey

22. Reflections on the Concepts of ‘Economic Freedom’, ‘Free Competition’ and ‘Efficiency’ from the Perspective of Developing Countries
Mor Bakhoum

23. A Social Approach to the Goals of Competition Law in Developing Countries – Comment on Bakhoum
Karounga Diawara

24. Competition Law Goals in Agricultural Markets: A Latin American Perspective
Juan David Gutiérrez Rodríguez

25. Agricultural Markets and Competition Policy in Latin America: Conflicts of Goals, Rules and Enforcement Policies – Comment on Gutiérrez Rodríguez
Carlos Pablo Márquez

26. The Basic Goal of Competition Law: To Protect the Opposite Side of the Market
Daniel Zimmer

Index