Competition Law and Democracy
Markets as Institutions of Antipower
Series: Global Competition Law and Economics Policy;
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Product details:
- Publisher Cambridge University Press
- Date of Publication 28 November 2024
- ISBN 9781316513675
- Binding Hardback
- No. of pages426 pages
- Size 235x158x29 mm
- Weight 760 g
- Language English 982
Categories
Short description:
This book explores how competition and its protection through competition law are linked with democracy.
MoreLong description:
Examining the normative foundations of US antitrust and EU competition law, Elias Deutscher argues that the idea of a competition-democracy nexus rests on a commitment to a republican understanding of economic liberty. The book uses this republican concept of economic liberty to analyse how US antitrust and EU competition law embodied a competition-democracy nexus and explains how the turn of competition law toward a more economic approach has led to its decline. The book offers proposals for how the nexus can be revived to allow competition law to address contemporary concerns about the concentration of corporate power.
MoreTable of Contents:
Introduction; Part I: 1. The object of inquiry: The idea of a competition-democracy nexus; 2. Republican liberty as the coupling between competition and democracy; Part II: 3. The building blocks of a republican competition law approach; 4. The competition-democracy nexus in US antitrust and EU competition law jurisprudence; 5. The policy parameters of republican antitrust: presumptions, standard of harm, and the error-cost framework; Part III: 6. The making of Laissez-Faire antitrust; 7. The operationalisation of Laissez-Faire antitrust law and the decline of republican liberty; Part IV: 8. Main findings and avenues towards a competition-democracy nexus 4.0; 9. Bibliography.
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