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The world’s biggest consumer markets—the European Union and the United States—have adopted different approaches to regulating competition. This has not only put the EU and US at odds in high-profile investigations of anticompetitive conduct, but also made them race to spread their...
Persistent link: https://www.econbiz.de/10014107907
Competition laws have become a mainstay of regulation in market economies today. At the same time, past efforts to study the drivers or effects of these laws have been hampered by the lack of systematic measures of these laws across a wide range of years or countries. In this paper, we draw on...
Persistent link: https://www.econbiz.de/10014107909
This Article examines the unprecedented and deeply underestimated global power that the EU is exercising through its legal institutions and standards, and how it successfully exports that influence to the rest of the world. Introducing the notion of “the Brussels Effect,” the Article shows...
Persistent link: https://www.econbiz.de/10012993653
Persistent link: https://www.econbiz.de/10011574728
The European Commission has often used its merger-review power to challenge high-profile acquisitions involving non-EU companies, giving rise to concerns that its competition authority has evolved into a powerful tool for industrial policy. The Commission has been accused of deliberately...
Persistent link: https://www.econbiz.de/10014120252