Competition Policy in the Context of Corporate Social Responsibility

Romanian Competition Journal, No. 2/2013

6 Pages Posted: 26 Jan 2014

See all articles by Constantin Belu

Constantin Belu

Romanian Competition Council

Mihail Busu

Romanian Competition Council - Competition Inspector

Date Written: December 16, 2013

Abstract

This paper aims to analyze the relationship between corporate social responsibility (CSR) and the European competition policy. The main purpose of our research paper consists in investigating whether the current competition regulation could allow certain types of behaviors which, on a long term, seem able to assure the achievement of the objectives derived from CSR principles. In the present study, we argue that although the Competition Law does not refer explicitly to consumers' non-pecuniary interests, Article 1 of the mentioned act involves the principle of promoting consumers' general interests. We highlight the argument according to which the promotion of measures with immediate implications for consumer’s welfare (environmental protection, corporate governance or social measures) might be a criterion to be taken into consideration within the implementation process of the competition policy.

Keywords: competition, concerted practices, corporate, responsibility

JEL Classification: D02, K21, L78

Suggested Citation

Belu, Constantin and Busu, Mihail, Competition Policy in the Context of Corporate Social Responsibility (December 16, 2013). Romanian Competition Journal, No. 2/2013, Available at SSRN: https://ssrn.com/abstract=2384584

Constantin Belu (Contact Author)

Romanian Competition Council ( email )

Piata Presei Libere, no. 1
corp D1, Sector 1
Bucharest, 013701
Romania

Mihail Busu

Romanian Competition Council - Competition Inspector ( email )

Piata Presei Libere, no. 1
corp D1, Sector 1
Bucharest, 013701
Romania

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