Nicolas Sarkozy, President of France, managed to erase "free and undistorted competition" from the proposed new EU Treaty as a main aim of the European Union. Afterwards, he asked rhetorically what competition has done for Europe. This article is an attempt to reply to that very important question. The view of competition and its effects among decision-makers is likely to affect numerous policy outcomes. Throughout history, there has been a struggle between freedom and control in Europe. Competition is the result of economic freedom and the absence of interventions in the economy by the state. And it has done very much indeed for Europe. It may be the single most important reason why the average income in Western Europe is 14 times higher today than in 1820. If anything, Europe needs mo...
... that a market does not become monopolistic. An entrepreneur will find ways to be better than ...
There is nearly unanimous consent among WTO practitioners and scholars that the remedy of tariff compensation is legally superior, economically more efficient and socially more beneficial than retaliatory suspension of tariff concessions (tariff retaliation). This article argues in favour of a revitalization of tariff compensation. However, under the current regime compensation is a thoroughly unattractive policy instrument for decision makers having to temporarily opt out of a WTO Agreement in reaction to domestic shocks. Hence, tariff compensation is vastly underused. We examine reasons for the relative unattractiveness of this policy instrument and propose a substantial reform agenda of the WTO agreements and the dispute settlement system, so as to make compensation a policy tool of ...
... integrate AD and CvD into domestic competition law. Antitrust agencies have effectively dealt witth anticompetitive and monopolistic tendencies and have a long track-record of applyin...
... Quaker Oats, which both went to the competition, seemingly came and went for Nestle before they fi... its brands in order to avoid illegal monopolistic status in the market. By finishing the merger by 2...
Between July 2005 and January 2006. Swiss and US trade officials conducted exploratory talks to determine whether a free trade agreement (FTA) would be economically desirable and politically feasible. In January 2006, the talks were recessed when the Swiss Federal Council decided that - while an FTA would be economically desirable, free trade in agriculture was not politically feasible. The FTA talks may be resumed after the conclusion of the WTO Doha Development Round. Switzerland and the United States have launched a Trade and Investment Forum with a view to reaching agreements on discrete topics.
..., complete factor immobility, perfect competition, and only static gains from trade, the classic the... investment, and erosion of monopolistic margins - the models and experience reveal that si...
, by Christoph Beat Graber, Michael Girsberger, and Mira Nenova, is reviewed.
... on cinematographic co-production, competition rules protecting free access to information and me... restriction and endeavour to gain a monopolistic position is examined on four yardsticks (antitrust...
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