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Books > Law > Laws of other jurisdictions & general law > Financial, taxation, commercial, industrial law > Competition law
This book charts the emergence of experimentalist governance in the
implementation of EU competition law as a response to uncertainty
and the limits of hierarchical enforcement in an increasingly
dynamic and heterogeneous economic environment. It contributes to
ongoing debates about the current state of EU competition law and
provides an innovative account of emergent enforcement trends and
its future direction. It also argues that an experimentalist
evolution of competition law and market regulation attenuates
concerns about the competitive strictures of EU law on national
economic and regulatory institutions. Through its focus on
experimentalist governance, the book provides guidance on
completing experimentalist infrastructures for market regulation,
as well as on the role of courts in triggering and sustaining
experimentalist solutions. As such, it offers a novel perspective
on implementing competition law in the EU and beyond.
What constitutes a fair procedure when it comes to EU competition
law? This innovative book seeks to understand the philosophical
considerations at the core of conflicting procedural fairness
arguments in EU competition law practice. The author argues for a
conceptualisation of procedural fairness as a distributional issue
that can be solved by a practical fairness theory and a
comprehensive methodology. To illustrate the usefulness of the
conceptualisation, three procedural fairness problems from recent
EU competition law practice are analysed: - the KME-Chalkor cases;
- the Groupe Gascogne cases; - the regulatory question about using
a collective redress mechanism for private enforcement of EU
competition law. This unique approach provides a robust
philosophical and methodological foundation for arguing about a
wide range of procedural fairness dilemmas. The book is a must-read
for academics and practitioners seeking an imaginative perspective
on the philosophical foundations of arguments about procedural
fairness in EU competition law and beyond.
Although our primary focus is Brazilian antitrust, we accept it as
being deeply tangled with the international debate. This book
argues that antitrust doctrine has not consolidated a concept of
competition that is both (i) legally coherent (with antitrust
statutes and decisional criteria) and (ii) socially adequate (to
competition empirical manifestation and its modern imaginary). It
asks three questions to illustrate this: what has been done? what
is missing? what could be implemented? Taking Brazil as a case
study, it also explores the question from a global perspective.
Exploring a new agenda to improve outcomes for American workers.As
the United States continues to struggle with the impact of the
devastating COVID-19 recession, policymakers have an opportunity to
redress the competition problems in our labor markets. Making the
right policy choices, however, requires a deep understanding of
long-term, multidimensional problems. That will be solved only by
looking to the failures and unrealized opportunities in anti-trust
and labor law. For decades, competition in the U.S. labor market
has declined, with the result that American workers have
experienced slow wage growth and diminishing job quality. While
sluggish productivity growth, rising globalization, and d union
representation are traditionally cited as factors for this historic
imbalance in economic power, weak competition in the labor market
is increasingly being recognized as a factor as well. This book by
noted experts frames the legal and economic consequences of this
imbalance and presents a series of urgently needed reforms of both
labor and anti-trust laws to improve outcomes for American workers.
These include higher wages, safer workplaces, increased ability to
report labor violations, greater mobility, more opportunities for
workers to build power, and overall better labor protections. Labor
Market Competition will interest anyone who cares about building a
progressive economic agenda or who has a marked interest in labor
policy. It also will appeal to anyone hoping to influence or
anticipate the much-needed progressive agenda for the United
States. The book's unusual scope provides prescriptions that, as
Nobel Laureate Joseph Stiglitz notes in the introduction, map a
path for rebalancing power, not just in our economy but in our
democracy.
Australian competition law has just emerged from a significant
period of reform which has seen controversial changes to the legal
test to distinguish between normal competitive conduct and conduct
that should be condemned. The controversy continues, arguably
because the traditional legal conception of market power does not
provide a useful standard in real world markets. This important new
book offers a radical interpretation of market power, based on the
power to manipulate. Seeing it in this way allows for positive and
normative standards within which to frame a legal theory of
liability for misuse of that power. The book provides suggestions
to improve the forensic assessment of conduct that should be
condemned as misuse of market power.
All EU Member States have now transposed Directive 2014/104/EU on
damages actions for breaches of competition law into national law.
The Directive (and the soft-law instruments accompanying it) not
only marks a new phase for private enforcement of competition law
but also, more generally, provides a novel and thought provoking
instance of EU harmonisation of aspects of private law and civil
litigation. Following up on a previous volume in the Swedish
Studies in European Law series, published in 2016, this open access
book offers contributions from top practitioners and scholars from
all over Europe, who present and discuss first experiences from the
implementation of the new damages regime in various jurisdictions.
Topics covered include theoretical and practical reflections on the
state of private enforcement in Europe, the balancing of
conflicting interests pertaining to public and private enforcement
of competition law respectively, and specific legal issues such as
causation and the estimation of harm. The authors explore problems
solved, problems created, and future challenges in the new regime
of private enforcement of competition law in Europe, offering
predictions as to issues that may have to be settled through
recourse to the European Court of Justice. The eBook editions of
this book are available open access under a CC BY-NC-ND 4.0 licence
on bloomsburycollections.com. Open access was funded by the Swedish
Studies Network.
What rules or principles govern the assessment of evidence in EU
competition enforcement? This book offers, for the first time, a
comprehensive academic study on the topic. Its aim is twofold.
Firstly, it produces a typology of evidence standards in
competition proceedings at the EU level, thereby systemising the
guidance that is currently dispersed in the case-law of the EU
Courts. Secondly, it examines the applicable evidence rules and
principles with a view to better understanding their role in EU
competition enforcement. In so doing, the book illustrates that
evidence standards are not mere technicalities and their
significance should not be underestimated. Rigorous and engaging,
this work provides a much-needed analysis of a key question of EU
competition enforcement.
This book examines the international regulation of crises bailouts
and buy national policies. It undertakes this research with
specific reference to the crisis years 2008-2012. The book includes
a comparative analysis of the regulation of public procurement and
subsidies aid at both multilateral and regional levels, identifying
the strengths and weakness in the WTO legal framework and selected
regional trade agreements (RTAs). Ultimately, the aim of this work
is to provide options for improving the consistency of these laws
and the regulation of these markets. This is of immediate relevance
for good economic governance, as well as for managing future
systemic financial crises in the interests of citizens: as tax
payers and consumers.
Australian competition law has just emerged from a significant
period of reform which has seen controversial changes to the legal
test to distinguish between normal competitive conduct and conduct
that should be condemned. The controversy continues, arguably
because the traditional legal conception of market power does not
provide a useful standard in real world markets. This important new
book offers a radical interpretation of market power, based on the
power to manipulate. Seeing it in this way allows for positive and
normative standards within which to frame a legal theory of
liability for misuse of that power. The book provides suggestions
to improve the forensic assessment of conduct that should be
condemned as misuse of market power.
This book asks whether the current push to increase uniformity in
substantive and procedural competition policy and enforcement in
Europe, as well as in related institutional structures, is
desirable. It focuses on European Union (EU) competition policy and
enforcement (related to Articles 101 and 102 TFEU and the merger
rules), the equivalent rules in the Member States, and the
relationships between these different legal orders. Uniformity has
many benefits; yet, the advantages of diversity are also legion,
enabling more policy experimentation and innovation; and improving
the ability to accommodate national preferences. Contrary to the
overwhelming view of academics, practitioners and regulators in
this area, the book argues that uniformity is insufficient and
examines ways of achieving a better mix of uniformity and diversity
(the EU's motto is 'United in Diversity'). To achieve this better
mix, the book offers a new framework for European competition law:
Co-ordinated Diversity. Finally, this book discusses whether
Co-ordinated Diversity fits with the current legal order in the EU,
as well as the EU constitutional settlement more generally, and
suggests some ways that it might be made compatible with this order
with relative ease. The book's impact could be significant:
changing the results in individual cases; the way cases are argued;
and what information is relevant. More importantly, it builds the
theoretical foundations for fundamentally altering the way in which
the EU and the Member States' competition authorities interact,
allowing space for disagreement and uncertainty. The aim is to
improve the effiiciency and effectiveness of competition
policy-making and enforcement in Europe. It should also increase
the legitimacy in this field (rebalancing towards the Member
States). Co-ordinated Diversity provides a new way of seeing the EU
that better blends difference, when this is demanded, with
uniformity and its benefits, as necessary. A timely and ambitious
work, this book will be read with interest by all practitioners and
academics interested in EU competition law, as well as the related
fields of political science and economics.
Based on a unique and comprehensive database, The Shaping of EU
Competition Law combines qualitative and quantitative approaches to
shed light on the evolution of EU competition law. It brings a new
perspective to some of the most topical issues in the field
including due process and the intensity of judicial review. The
author's main purpose is to examine how the institutional structure
influences the substance of EU competition law provisions. He seeks
to identify patterns in the behaviour of the European Commission
and the EU Courts and how they interact with each other. In
particular, his analysis considers how the European Commission
reacts to the case law and whether, and in what instances, the EU
courts defer to the analysis of the administrative authority. The
analysis is supported by the database and an unprecedented array of
statistics and figures free to view online.
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