Reconciling Efficiency and Equity (eBook, ePUB)

A Global Challenge for Competition Policy
Redaktion: Gerard, Damien

• Format: ePub

Produktbeschreibung

Due to the growing influence of economics and economists in competition law and policy discourse and the internationalization of antitrust, the equity versus efficiency trade-off debate has played a defining role in the transformation of the dominant paradigm governing competition law enforcement since at least the 1970s. The debate remains crucial today as issues of economic inequality and its interaction with efficiency become of central concern to policy and decision-makers in competition law, as well as in other spheres of public policy. Despite their central role in the grammar of competition law on the global plane, the intellectual underpinnings of the interactions between 'equity' and 'efficiency' in the context of competition law have never been examined in-depth. This book aims precisely to fill this gap by discussing new approaches in understanding the role of efficiency and equity concerns in competition law.

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Produktdetails

• Verlag: Cambridge University Press
• Erscheinungstermin: 9. Mai 2019
• Englisch
• ISBN-13: 9781108571357
• Artikelnr.: 56523912

Inhaltsangabe

Introduction Damien Gerard and Ioannis Lianos; Part I. Framing the Tension
between Equity and Efficiency as a Global Challenge for Competition Policy:
The Vision of a Pioneer: 1. Eleanor Fox: insights from an outsider Diane
Wood; 2. Citizen Fox and the vision of antitrust cosmopolitanism Philip
Marsden and Spencer Weber Waller; Part II. Reconciling Equity and
Efficiency: The Challenge of Making Markets Work for People: Section 1.
Competition for the People: 3. The poverty of competition law - the short
story Ioannis Lianos; 4. The social contract: should we recalibrate
competition law to limit inequality? Michal Gal; 5. Oligarchies,
competition and development Abel M. Mateus; 6. Promoting competition
reforms for the benefit of ordinary people Pradeep S. Mehta; 7. Competition
(law), access to telecommunication technologies and development Mor
Bakhoum; 8. Competition law prescriptions and competitive outcomes:
insights from Southern and East Africa Simon Roberts; Section 2.
Competition against Power: 9. The Australian controversy over abuse of
market power law - a study in political economy Alan Fels; 10. Competition
against power: the puzzle of the personal butler Ariel Ezrachi and Maurice
Stucke; 11. Economic efficiency versus democracy: on the potential role of
competition policy in regulating digital markets in times of post-truth
politics Josef Drexl; Section 3. Competition, Inequality and Industrial
Policy: 12. Competition policy and industrial policy: mortal enemies or
potential allies? David Lewis; 13. Antitrust, industrial policy and
economic populism Daniel D. Sokol; Part III. Reconciling Equity and
Efficiency: The Challenge of Effective Antitrust Enforcement: Section 1.
Designing Effective Enforcement Systems: 14. The role of competition
culture Albert A. Foer; 15. Formula for success: a Formula One approach to
understanding competition law system performance William Kovacic; 16.
Evaluating the performance of competition agencies: the limits of
assessment methodologies and their policy implications Edward M. Iacobucci
and Michael J. Trebilcock; 17. Toward a realistic comparative assessment of
private antitrust enforcement Dan Crane; 18. Antitrust enforcement in the
US and the EU: a comparison of the two federal systems Daniel L. Rubinfeld;
19. Galvanising national competition authorities in the European Union
Giorgio Monti; Section 2. Effective Coordination of Enforcement Systems: A
Global Governance Perspective: 20. Extraterritoriality and the question of
jurisdiction in competition law Dennis Davis; 21. Competition enforcement,
trade, and global governance Petros C. Mavroidis and Damien J. Neven; 22.
Competition enforcement cooperation and the dynamics of convergence Damien
Gerard; Afterword: 23. Competition policy at the intersection of equity and
efficiency: the developed and developing worlds Eleanor M. Fox.