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Towards an Economics of Convention-based Approach of the European Competition Policy
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In this paper, an analysis of the European competition law enforcement dynamics based on an economics of conventions' framework is presented, where the authors question the ordoliberal theoretical foundations of the EU competition policy and assess to what extent the implementation of a "more economic approach" might pertain to a convention inspired by the Chicago School normative views.Abstract:
Our paper aims at developing an analysis of the European competition law enforcement dynamics based on an economics of conventions' framework. We question the ordoliberal theoretical foundations of the EU competition policy and we assess to what extent the implementation of a "more economic approach" might pertain to a convention inspired by the Chicago School normative views. We question the economic history, the history of economics thought, and the legal history as we consider that the European courts case law is the main driving force of conventional shifts in matter of competition law enforcement.read more
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References
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Book
Worlds of Production: The Action Frameworks of the Economy
Robert Salais,Michael Storper +1 more
TL;DR: Theorizing Economic Diversity and Economic Action Action and Diversity versus Models of Growth Possible Worlds of Production Firms, Profits, Work, and Innovation Situating Firms in Worlds of production as mentioned in this paper.
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The Second Treatise on Civil Government
TL;DR: The Second Treatise of John Locke as mentioned in this paper provides a detailed discussion of how civil society came to be and the nature of its inception, and is one of the most influential essays in political philosophy.
Posted Content
Five Propositions about Institutional Change
TL;DR: In this article, North outlines five propositions about institutional change and explains its meanings, and lays out a specific agenda for the study of institutions that is different from game theoretic or spatial political modeling of institutions.
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Law and Competition in Twentieth Century Europe: Protecting Prometheus
TL;DR: In this paper, the authors propose a new Intellectual Framework for Competition Law and Germany's Social Market Economy, which they call Ordoliberalism, as a new intellectual framework for competition law.
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