Competition Law and Democracy
Markets as Institutions of Antipower
Published on 28. November 2024
Book
Hardback
426 pages
978-1-316-51367-5 (ISBN)
Description
Examining the normative foundations of US antitrust and EU competition law, Elias Deutscher argues that the idea of a competition-democracy nexus rests on a commitment to a republican understanding of economic liberty. The book uses this republican concept of economic liberty to analyse how US antitrust and EU competition law embodied a competition-democracy nexus and explains how the turn of competition law toward a more economic approach has led to its decline. The book offers proposals for how the nexus can be revived to allow competition law to address contemporary concerns about the concentration of corporate power.
More details
Series
Language
English
Place of publication
Cambridge
United Kingdom
Target group
College/higher education
Professional and scholarly
Illustrations
Worked examples or Exercises
Dimensions
Height: 235 mm
Width: 157 mm
Thickness: 27 mm
Weight
764 gr
ISBN-13
978-1-316-51367-5 (9781316513675)
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Schweitzer Classification
Person
Dr. Elias Deutscher is an Associate Professor in Competition Law and a member of the Centre for Competition Policy at the University of East Anglia. As a trained lawyer and political scientist, he publishes widely on the normative, conceptual and historical foundations of competition law, and new challenges for competition policy in digital and innovation-driven markets.
Content
Introduction; Part I: 1. The object of inquiry: The idea of a competition-democracy nexus; 2. Republican liberty as the coupling between competition and democracy; Part II: 3. The building blocks of a republican competition law approach; 4. The competition-democracy nexus in US antitrust and EU competition law jurisprudence; 5. The policy parameters of republican antitrust: presumptions, standard of harm, and the error-cost framework; Part III: 6. The making of Laissez-Faire antitrust; 7. The operationalisation of Laissez-Faire antitrust law and the decline of republican liberty; Part IV: 8. Main findings and avenues towards a competition-democracy nexus 4.0; 9. Bibliography.