ordoliberal thought which has had a strong impact on EU competition policy and law. Outside Germany, ordoliberal thought is often … structure, efficiency (consumer welfare) as the result of competition rather than of an individual entrepreneurial market …

, in particular, on the EU competition law. Today, this approach seems old-fashioned respect to the US variety of … liberalism supporting by Chicago School. We will deal with two ordoliberal concerns: (i) the idea of as-if competition and (ii …