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future scientific progress. Therefore, no ultimate competition theory can ever be expected. This has to be considered when … maintain regulatory diversity which keeps the system open for theory innovation and changes in business environment. …
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Both in US antitrust and EU competition policy a development to a broader appli-cation of rule of reason instead of per se rules can be observed. In the European discussion the attempt to base competition policy on a more economic approach is mainly viewed as im-proving the economic analysis in...
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