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Structure and Effects in Eu Competition Law ( International Competition Law Series, vol. 47): Studies on Exclusionary Conduct and State Aid (International Competition Law, 47) - Hardcover

Jürgen Basedow; Wolfgang Wurmnest

 
9789041131744: Structure and Effects in Eu Competition Law ( International Competition Law Series, vol. 47): Studies on Exclusionary Conduct and State Aid (International Competition Law, 47)
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ISBN 10: 9041131744 ISBN 13: 9789041131744
Publisher: Kluwer Law International, 2011
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During the last decade the European Commission has progressively adopted what is called a 'more economic' approach towards competition policy. This approach, which draws on US antitrust policy, puts greater emphasis on possible welfare effects of business practices and is less concerned with competitive market structures. Under this school of thought, concentration cannot be said to impede effective competition to the extent that efficiency gains outweigh market distortions.

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