mardi 25 février 2014

Towards an Economics of Convention-based Approach of the European Competition Policy


A new working paper devoted European Competition Policy though the prism of the economics of convention

http://www.gredeg.cnrs.fr/working-papers/GREDEG-WP-2014-06.pdf

This working paper paper aims at developing an analysis of the European competition law enforcement dynamics based on an Economie of conventions’ framework. We question the ordoliberal theoretical foundations of the EU competition policy and we assess to what extent the implementation of a more economic approach might pertain to a convention inspired by Chicago School normative views. We question the economic history, the history of economics thought, and the legal history as we consider that the European courts case law is the main driving force of conventional shifts in matter of competition law enforcement.




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