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The role of the competition policy in forging the European Common Market

Author

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  • Muşetescu, Radu
  • Dima, Alina
  • Cristian, Paun

Abstract

The forging of the Single Market represents the most important dimension of the first pillar of the European Union, which is the European Community. It can be argued that, as compared to the other two pillars (the Common Foreign and Security Policy and the Police and Judicial Cooperation in the Criminal Matters), it has the most powerful impact on the welfare of European citizens. The European policy makers define however the Internal Market as not only an economic area where there are no more state-imposed barriers in the path of the freedom of movement of goods and services at the borders of the member-states but also a single business environment where there are a single currency, coordinated economic policies as well as homogeneous business practices of private undertakings. In this process, despite a large set of common policies, the competition policy has reached the status of the building block of the Common Market.

Suggested Citation

  • Muşetescu, Radu & Dima, Alina & Cristian, Paun, 2008. "The role of the competition policy in forging the European Common Market," MPRA Paper 12475, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:12475
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    File URL: https://mpra.ub.uni-muenchen.de/12475/1/MPRA_paper_12475.pdf
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    References listed on IDEAS

    as
    1. Louka T. Katseli & Robert E.B. Lucas & Theodora Xenogiani, 2006. "Policies for Migration and Development: A European Perspective," OECD Development Centre Policy Briefs 30, OECD Publishing.
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    Cited by:

    1. Radu Musetescu, 2013. "State Aid in the European Union in the Context of the Contemporary Economic Crisis," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 5(1), pages 30-37, March.

    More about this item

    Keywords

    market integration competition policy Common Market;

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • D41 - Microeconomics - - Market Structure, Pricing, and Design - - - Perfect Competition
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination

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