What Standard of Competition Law Review to Ensure Healthy Competition for Talent?
önenç Gürkaynak, THE ACADEMIC GIFT BOOK OF ELIG, ATTORNEYS-AT-LAW IN HONOR OF THE 20TH ANNIVERSARY OF COMPETITION LAW PRACTICE IN TURKEY, 87-111 (2018), ISBN: 978-605-315-235-4
35 Pages Posted: 21 May 2018
Date Written: March 2018
The intersection of competition law and labor market has long been a controversial topic. As antitrust decisional practice shows a historical evolvement to a deeper scrutiny of anti competitive practices in the labor market, the recent developments indicate that it is no longer a debate that firms that compete to hire employees are competitors in the employment marketplace.
This paper will focus on the labor market monopsony and its welfare reducing effects. In line with the present case law, the treatment standard adopted by the antitrust agencies as to whether it should be per se or rule of reason matters to a great extent considering the divergent interests of the various actors in the labor market.
Keywords: labor market, monopsony, antitrust, competition, standard of review
JEL Classification: J20, J42, K21, L40
Suggested Citation: Suggested Citation