Strohm, Andreas () (DG Competition of the European)
Abstract
Competition policy has seen quite significant changes over the past years. With the reform of Merger Control and the application of Article 81 (agreements) an "effects-based, economic approach" was formally introduced by the Commission. Two other areas of competition policy are under discussion, namely state aid control and the application of Article 82 (abuse of a dominant position). It will be one of the key questions whether and to what extent an "economic approach" should be followed here too. Some issues of competition policy with regard to industrial policy will be analysed in view of this changes. As the "economic approach" is based on neoclassical market form analysis and welfare economics, I will try to make these approaches more comprehensive before I point to some problems which occur if the "theory" were to be applied in real cases.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Publisher Info
Paper provided by European Investment Bank, Economic and Financial Studies in its series EIB Papers with number
8/2006.