On the Normative Foundations of Competition Law: Efficiency, Political Freedom and the Freedom to Compete
in: D. Zimmer (ed.), The Goals of Competition Law, (ASCOLA Competition Law Series), Edward Elgar, p. 132-168, 2012
22 Pages Posted: 17 May 2011 Last revised: 21 May 2012
Date Written: May 2, 2011
The advent of a more economic approach to EU competition law has spurred the most substantial debate on the normative justifications of competition law in recent history. Nevertheless, and despite a limited literature to the contrary, these are not times of fundamental debate concerning the ultimate aims of competition policy. This is evidenced by the limited practical importance of the normative foundations of competition law in the enforcement practice of competition authorities and even in policy debates.
Keywords: ordoliberalism, neoliberalism, German Competition Law, GWB, normative foundations of competition law
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