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Which Are The Welfare Limits? Competition Policy In The Context Of Corporate Social Responsibility

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  • Mihail BUªU
  • Constantin BELU

Abstract

This paper aims to analyze the relationship between corporate social responsibility (CSR) and the European competition policy. The main purpose of our research paper consists in investigating whether the current competition regulation could allow certain types of behaviors which, on a long term, seem able to assure the achievement of the objectives derived from CSR principles. In the present study, we argue that although the Competition Law does not refer explicitly to consumers non-pecuniary interests, Article 1 of the mentioned act involves the principle of promoting consumer’s general interest. We highlight the argument according to it the promotion of measures with immediate implications for consumer’s welfare (environmental protection, corporate governance or social measures) might be a criterion to be taken into consideration within the implementation process of the competition policy.

Suggested Citation

  • Mihail BUªU & Constantin BELU, 2013. "Which Are The Welfare Limits? Competition Policy In The Context Of Corporate Social Responsibility," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 7(1), pages 108-113, November.
    • Handle: RePEc:rom:mancon:v:7:y:2013:i:1:p:108-113
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    References listed on IDEAS

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    1. Wim Dubbink & Frans Putten, 2008. "Is Competition Law an Impediment to CSR?," Journal of Business Ethics, Springer, vol. 83(3), pages 381-395, December.
    2. repec:dau:papers:123456789/7855 is not listed on IDEAS
    3. Daniel Fernández‐Kranz & Juan Santaló, 2010. "When Necessity Becomes a Virtue: The Effect of Product Market Competition on Corporate Social Responsibility," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 19(2), pages 453-487, June.
    4. Baumol,William J. & Oates,Wallace E., 1988. "The Theory of Environmental Policy," Cambridge Books, Cambridge University Press, number 9780521322249, January.
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