Arbeitspapier
Modern industrial economics and competition policy: Open problems and possible limits
Naturally, competition policy is based on competition economics made applicable in terms of law and its enforcement. Within the different branches of competition economics, modern industrial economics, or more precisely gametheoretic oligopoly theory, has become the dominating paradigm both in the U.S. (since the 1990s Post-Chicago movement) and in the EU (so-called more economic approach in the 2000s). This contribution reviews the state of the art in antitrust-oriented modern industrial economics and, in particular, critically discusses open questions and possible limits of basing antitrust on modern industrial economics. In doing so, it provides some hints how to escape current enforcement problems in industrial economics-based competition policy on both sides of the Atlantic. In particular, the paper advocates a change of the way modern industrial economics is used in competition policy: instead of more and more case-by-cases analyses, the insights from modern industrial economics should be used to design better competition rules.
- Sprache
-
Englisch
- Erschienen in
-
Series: IME Working Paper ; No. 93
- Klassifikation
-
Wirtschaft
Antitrust Issues and Policies: General
Antitrust Law
Industrial Organization: General
Business Economics
Current Heterodox Approaches: Historical; Institutional; Evolutionary
- Thema
-
competition policy
antitrust
modern industrial economics
more economic approach
merger control
Industrieökonomik
Wettbewerbspolitik
Konzentrationspolitik
Fusionskontrolle
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Budzinski, Oliver
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Southern Denmark, Department of Environmental and Business Economics (IME)
- (wo)
-
Esbjerg
- (wann)
-
2009
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Budzinski, Oliver
- University of Southern Denmark, Department of Environmental and Business Economics (IME)
Entstanden
- 2009
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