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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

Frank P. Maier-Rigaud

IESEG School of Management (LEM-CNRS), Department of Economics and Quantitative Methods; NERA Economic Consulting

Date Written: May 2, 2011

Abstract

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

Suggested Citation

Maier-Rigaud, Frank P., On the Normative Foundations of Competition Law: Efficiency, Political Freedom and the Freedom to Compete (May 2, 2011). in: D. Zimmer (ed.), The Goals of Competition Law, (ASCOLA Competition Law Series), Edward Elgar, p. 132-168, 2012. Available at SSRN: https://ssrn.com/abstract=1829023

Frank P. Maier-Rigaud (Contact Author)

IESEG School of Management (LEM-CNRS), Department of Economics and Quantitative Methods ( email )

Socle de la Grande Arche
1 Parvis de la Défense
Paris, La Défense Cedex, 92044
France

NERA Economic Consulting ( email )

1166 Avenue of the Americas
New York, NY 10036
United States

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