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Competition Law and Consumer Protection (Hardcover)
Loot Price: R6,527
Discovery Miles 65 270
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Competition Law and Consumer Protection (Hardcover)
Series: European Monographs Series Set
Expected to ship within 10 - 15 working days
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The assumption that competition law and consumer protection are
mutually reinforcing is rarely challenged. The theory seems
uncontroversial. However, because a positive interaction between
the two is presumed to be self-evident, the frequent conflicts that
do in fact arise are often dealt with on an ad hoc basis, with no
overarching legal authority. There is a clear need for a detailed
and coherent understanding of exactly where the complements and
tensions between the two policy areas exist. Dr Cseres' in-depth
analysis provides that understanding. Proceeding from the dual
perspective of law and economics that is, of justice, fairness, and
reasonableness on the one hand, and of efficiency of the other she
fully considers such underlying issues as the following: the role
of competition law and consumer law in a free market economy; the
notion of consumer welfare; the effect of the modernisation of EC
competition law for consumers; economics theories of information,
bounded rationality, and transaction costs; the special
significance of vertical agreements and merger control; and, how
consumers are affected by information asymmetries. The ultimate
focus of the book is on current and emerging EC law, in which a
rapprochement between the two areas seems to be under way. Dr.
Cseres provides a knowledgeable guide to the various strands of
theory, policy, and jurisprudence that (she shows) ought to be
taken into account in the process, including schools of thought and
law and policy experience in both Europe and the United States. A
special chapter on Hungary, where post-1989 law and practice reveal
a fresh and distinctly forward-looking understanding of the matter,
is one of the book's most extraordinary features. "Competition Law
and Consumer Protection" stands alone as a committed contribution
to bridging a gap in legal knowledge the significance of which
grows daily. It will be of immeasurable value to a wide range of
professionals from academics and researchers to officials,
policymakers, and practitioners in competition law, consumer
protection advocacy, economic theory and planning, business
administration, and various pertinent government authorities.
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