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Competition Law in the European Union and the United States

Author

Listed:
  • Sjostrom, W.

Abstract

The paper offers a comparative analysis of antitrust or competition law in the European Union and the United States from a public choice perspective. It focuses on how the role of interest groups explains the common features of the two legal systems, although some discussion focuses on the differences. The effect of competition law on consumer welfare in the two jurisdictions is addressed as well.

Suggested Citation

  • Sjostrom, W., 1997. "Competition Law in the European Union and the United States," Papers 97-9, University College Cork - Department of Economics.
  • Handle: RePEc:fth:uccoec:97-9
    as

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    More about this item

    Keywords

    RENT ; COMPETITION ; ANTITRUST LEGISLATION;
    All these keywords.

    JEL classification:

    • L4 - Industrial Organization - - Antitrust Issues and Policies
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior

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