Can We Protect Competition Without Protecting Consumers?

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dc.contributor.author ANDRIYCHUK, Oles
dc.date.accessioned 2010-11-29T17:01:20Z
dc.date.available 2010-11-29T17:01:20Z
dc.date.issued 2010
dc.identifier.citation Competition Law Review, 2010, 6, 1, 77-88 en
dc.identifier.issn 1745-638X
dc.identifier.uri http://hdl.handle.net/1814/15053
dc.description.abstract Competition belongs to one of the most important values of the European Union. However, competition is not an exclusive path to create welfare and generate efficiency. In this respect competition can be seen as a ‘luxury product’ of market-oriented societies, which is not indispensable for achieving such values as industrial growth, market integration, social coherency, consumer welfare or innovations. Why then should competition be perceived as a separate economic value? What features does it contain which are so important for liberal democracy? How should competition be correlated with consumer welfare? These questions are central to this paper, which argues for conceptual separation of competition and consumer welfare and offers a methodology for the ‘unbundled’ analysis of these societal values. en
dc.language.iso en en
dc.relation.uri http://www.clasf.org/CompLRev/downloads/Vol6Issue1.htm en
dc.title Can We Protect Competition Without Protecting Consumers? en
dc.type Article en


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