Posted by Social Science Research Network
The Antitrust Goal(s): Is There a Pattern?
Marianela López-Galdos (George Washington University)
Abstract: This paper presents a retrospective analysis of the evolution of antitrust goals and its relation to competition systems through the existing case law. The positive and analytical perspective adopted through this study seeks to respond to the following question: Is there a pattern in international comparative antitrust enforcement that reveals a shift from pluralistic goal-structure enforcement towards economic efficiency and consumer welfare-structure enforcement?
There are currently more than one hundred and fifteen competition systems worldwide that have incorporated an agency responsible for the enforcement of competition policy. While each competition system may have individual traits, there are several shared characteristics, trends and dynamics across systems. Many competition systems have been adopted in their respective jurisdictions after post-conflict periods, notably in the post-cold war era during the 90’s. The implementation of competition policies is seen as a necessary tool to establish democratic regimes. Each of these competition systems pursues its goals depending upon the socio-economic and political context in which are embedded. However, eventually, it might be observed that consumer welfare prevails over other goals. As democracies consolidate the other goals are shifted to other spheres other than competition policy that focuses on consumer welfare.
Featured News
Judge Mehta Questions Both Sides in Landmark Google Antitrust Case
May 2, 2024 by
CPI
FCC Urges Urgent Funding for Removal of Chinese Telecom Equipment from U.S. Networks
May 2, 2024 by
CPI
Former Pioneer CEO Facing Potential Criminal Charges For Colluding With OPEC
May 2, 2024 by
CPI
South Korea’s Antitrust Regulator Greenlights K-Pop Powerhouse Deal
May 2, 2024 by
CPI
Exxon’s Pioneer Purchase Approved, Former CEO Barred from Board
May 2, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI