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The Goals of Competition Law
The Goals of Competition Law (Hardback)
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What are the normative foundations of competition law? That is the question at the heart of this book. Leading scholars consider whether this branch of law serves just one or more than one goal, and if it serves to protect unfettered competition as such, how this goal relates to other objectives such as the promotion of economic welfare. The book brings together contributions on the relevance of different welfare standards, on the concept of 'freedom to compete' and on distributional fairness as a goal of competition law. Moreover, it discusses the relationship to other legal goals such as market integration. Finally, the specific issue of competition law goals in emerging economies is addressed. The Goals of Competition Law will have strong appeal to academics in competition law and competition economics; policy-makers, enforcers and other practitioners in the field of competition law; postgraduate students in competition law and competition economics.

Law >> Laws of Specific jurisdictions >> Company, commercial & competition law >> Competition law / Antitrust law Publisher: Edward Elgar Publishing Ltd Publication Date: 28/02/2012 ISBN-13: 9780857936608  Details: Type: Hardback Format: Books
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OF SPECIAL INTEREST TO LEGAL SCHOLARS, ACADEMICS AND ALL THOSE INTERESTED IN COMPETITION LAW AND COMPETITION ECONOMICS An appreciation by Phillip Taylor MBE and Elizabeth Taylor of Richmond Green Chambers In this work of reference the editor, Daniel Zimmer, brings together a truly international collection of 26 learned articles from leading academics and lawyers in the field of completion law and competition economics. The expert contributors hail from a range of universities worldwide, from Harvard University and Yale Law School to Laval University in Canada, the University of Haifa, the Max Planck Institute in Germany, Mejii University in Tokyo and, interestingly, the American Antitrust Institute in the United States. These, of course. are only a few examples of the wide range of opinion and comment contained in this book on matters pertaining to competition law. Daniel Zimmer, the editor, is a Professor of Law from the University of Bonn and Member of the German Monopolies Commission. It was Zimmer who organized the ASCOLA conference at the University of Bonn in 2010 at which this selection of papers was presented. (For ASCOLA read Academic Society for Competition Law). Significantly, we’re perusing this book just after ‘Europe Day’ May 9th which commemorates a now little known and seldom remarked upon event in the development of the European Community as a group of nations dedicated to – basically – fair trade. We refer to the Schumann Declaration launched some 60 years ago by the same Robert Schumann who was instrumental in founding the European Coal and Steel Community, from which the European Economic Community evolved and which in turn led to the advent of the present European Union (EU). The original aim of the EEC, one must recall, centered on establishing equal rights in the competition for trade. This means that trading nations and individual traders should each have a fair crack of the whip when selling things – the basis of any market economy. The lessons we are learning and have learnt in Europe over the past few decades will no doubt impact upon and influence many an emerging economy in the wider global context. This book, based on the ASCOLA conference (chaired by Louis Kaplow of Harvard University) poses a number of questions relating to completion and specifically, competition law, two of which centre on the concept of ‘freedom to compete’ and on distributional fairness as a goal of competition law. Particularly interesting is the final article by the editor which asks -- to cite just one example -- whether or not ‘competition’ means ‘efficiency’. This, of course, is debatable and all the more interesting for that. Published recently by Edward Elgar, this book, with its economics-based approach and international orientation, will certainly interest academic lawyers, graduate students and indeed policy makers whose decisions may affect the economic welfare of whole regions. With detailed footnotes and index, the compilation is also especially useful as a gateway to further research.

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