Capabilities : the next step for the economic construction of competition law

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dc.contributor.authorPETIT, Nicolas
dc.contributor.authorTEECE, David J.
dc.date.accessioned2024-12-18T08:56:26Z
dc.date.available2024-12-18T08:56:26Z
dc.date.issued2024
dc.descriptionPublished online: 09 December 2024en
dc.description.abstract[Editorial] US and EUcompetition laws embody incomplete provisions. Both sets of rules implicitly or explicitly rely on economic insights for the construction of the law. In the US, a ‘Consumer Welfare’ (‘CW’) standard helps draw the line between lawful and unlawful business conduct and transactions. EU competition law relies on an ‘effects based approach’. The US economic rule of construction favours defendants in antitrust cases. The EU rule yields less deterministic outcomes. US antitrust law has been influenced by the Chicago School, EU law is post-Chicagoan. Both are economics-minded.en
dc.format.mimetypeapplication/pdfen
dc.identifier.citationJournal of European competition law & practice, 2024, Art. lpae073, OnlineFirsten
dc.identifier.doi10.1093/jeclap/lpae073
dc.identifier.issn2041-7764
dc.identifier.issn2041-7772
dc.identifier.otherlpae073
dc.identifier.urihttps://hdl.handle.net/1814/77662
dc.language.isoenen
dc.orcid.uploadfalse*
dc.publisherOxford University Pressen
dc.relation.ispartofJournal of European competition law & practiceen
dc.rightsinfo:eu-repo/semantics/openAccessen
dc.rights.licenseAttribution-NonCommercial-NoDerivatives 4.0 International*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/*
dc.titleCapabilities : the next step for the economic construction of competition lawen
dc.typeArticleen
dspace.entity.typePublication
eui.subscribe.skiptrue
person.identifier.orcid0000-0001-8185-6000
person.identifier.other44577
relation.isAuthorOfPublication66d1ad6c-3c56-4475-9d62-b859f737b3fe
relation.isAuthorOfPublication.latestForDiscovery66d1ad6c-3c56-4475-9d62-b859f737b3fe
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