Informace o publikaci
Antitrustʼs response to the conflict of goals in the disarray of some current trends
| Autoři | |
|---|---|
| Rok publikování | 2022 |
| Druh | Článek ve sborníku |
| Konference | EU Antitrust: Hot Topics & Next Steps |
| Fakulta / Pracoviště MU | |
| Citace | |
| www | Open access sborníku |
| Klíčová slova | conflict of goals; market failure; policy failure; competition; and social regulation |
| Popis | The political nature of antitrust (AT) has manifested itself in recent years, particularly under the influence of globalisation, digitalisation, and a range of secondary political and ideological objectives, and more recently under the influence of the pandemic. AT agencies must respond to these challenges even without an adequate normative basis and using insufficient classical toolbox. In addition, further demands for the promotion of broader societal objectives falling outside the authorities' competence occur. The paper critically assesses these attempts to extend the scope of AT to areas which do not relate to the protection of competition as a result of market failure and recommends to vigorously resist them. Competition law must actively face new challenges, particularly technological ones, that traditional approaches cannot deal with effectively. However, it must always be about protecting competition and consumer welfare, not about foisting a political agenda on the AT authorities under the guise of significant social change. |