Decentralization or the Law of Unintended Consequences

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Stephen Kinsella, Anouck Meier, Oct 29, 2008

There is an old saying that you should “be careful what you wish for.” When the overhaul of European antitrust procedure, in the shape of Regulation 1/2003, was first mooted, it seemed to offer a number of potential advantages: for businesses, a lifting of the shackles of prior vetting of their behavior and, for the Commission, the alleviation of the burden of having to turn