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European industrial policies and competition

In: Economic Policies of the Common Market

Author

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  • Alexis P. Jacquemin

Abstract

It is a well-known fact that the creation of the Common Market and the accompanying removal of the diverse obstacles to competition—whether they were tariffs, import quotas, or the right of establishment—have produced a profound change in European states. These countries have been confronted with a mass of liberalising forces which were unknown since the moves towards free trade of the years 1860–70. For instance, by 1969, intra—EC exports had increased to 48 per cent of the members’ total exports, compared to 32 per cent in 1958, while exports by ‘the Six’ to non-EC nations rose by a multiple of 2.5.

Suggested Citation

  • Alexis P. Jacquemin, 1979. "European industrial policies and competition," Palgrave Macmillan Books, in: Peter Coffey (ed.), Economic Policies of the Common Market, chapter 2, pages 22-51, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-03653-0_2
    DOI: 10.1007/978-1-349-03653-0_2
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