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The report examines optimal financial penalties from an economic and a comparative perspective. While emphasis is put on deterrence, we also examine some limits to the optimal enforcement theory employed by economists to design effective sanctions, in particular the principle of proportionality...
Persistent link: https://www.econbiz.de/10013039679
We proceed to a comparative analysis of the judicial scrutiny of financial penalties for competition law infringements in the following jurisdictions: European Union, United States, Germany, United Kingdom and France
Persistent link: https://www.econbiz.de/10014139459
The principle of effectiveness is closely related to the development of the emerging EU law on remedies. Its instrumental use has enabled the EU courts to restrict the principle of national procedural autonomy, when this was convenient in order to ensure the accomplishment of the aims set by EU...
Persistent link: https://www.econbiz.de/10014139466
The policy paper contains written evidence on the effects of Brexit on competition law in the UK submitted by Ioannis Lianos, Deni Mantzari, Florian Wagner von Papp, and Florence Thepot to the EU Internal Market Lords Select Sub-Committee, which was published on the Parliament website.The report...
Persistent link: https://www.econbiz.de/10012942786
The fragmentation of EU competition law enforcement in various institutions (competition authorities, courts) and legal provisions (Articles 101, 102 TFEU, merger control) have led to the development of ad hoc remedial action without this being backed up by a solid theory of competition law...
Persistent link: https://www.econbiz.de/10014159748