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Towards an Economics of Convention-based Approach of the European Competition Policy

Author

Listed:
  • Frédéric Marty

    (GREDEG CNRS
    University of Nice Sophia Antipolis
    OFCE - Sciences Po. Paris)

Abstract

Our paper aims at developing an analysis of the European competition law enforcement dynamics based on an economics of conventions' framework. We question the ordoliberal theoretical foundations of the EU competition policy and we assess to what extent the implementation of a "more economic approach" might pertain to a convention inspired by the Chicago School normative views. We question the economic history, the history of economics thought, and the legal history as we consider that the European courts case law is the main driving force of conventional shifts in matter of competition law enforcement.

Suggested Citation

  • Frédéric Marty, 2014. "Towards an Economics of Convention-based Approach of the European Competition Policy," GREDEG Working Papers 2014-06, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    • Handle: RePEc:gre:wpaper:2014-06
    as

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    File URL: http://195.220.198.217/GREDEG-WP-2014-06.pdf
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    References listed on IDEAS

    as
    1. Jean-Michel Glachant & Dominique Finon & Adrien de Hauteclocque, 2011. "Competition, Contracts and Electricity Markets: A New Perspective," Post-Print hal-00772780, HAL.
    2. Patrice Bougette & Frédéric Marty, 2012. "Quels remèdes pour les abus de position dominante ? Une analyse économique des décisions de la Commission européenne," SciencePo Working papers Main halshs-00727517, HAL.
    3. Frédéric Marty, 2018. "Essential Facilities Doctrine," Post-Print halshs-01896969, HAL.
    4. Festré, Agnès, 2018. "Do people stand by their commitments? Evidence from a classroom experiment," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 76(C), pages 1-6.
    5. Kolev, Stefan & Goldschmidt, Nils & Hesse, Jan-Otmar, 2014. "Walter Eucken's role in the early history of the Mont Pèlerin Society," Freiburg Discussion Papers on Constitutional Economics 14/02, Walter Eucken Institut e.V..
    6. Robert Salais & Rainer Diaz-Bone, 2011. "Economics of convention and the History of Economies. Towards a Trandisciplinary Approach in Economic History," Post-Print halshs-00789079, HAL.
    7. Cristiano Antonelli & Francesco Quatraro, 2014. "The effects of biased technological changes on total factor productivity: a rejoinder and new empirical evidence," The Journal of Technology Transfer, Springer, vol. 39(2), pages 281-299, April.
    8. Samira Demaria & Sandra Rigot, 2014. "Ifrs Standards And Insurance Companies: What Stakes For Long-Term Investment? A French Case Explanatory Analysis," Post-Print hal-01899726, HAL.
    9. Nicola Giocoli, 2012. "Crossed destinies: law and economics meets the history of economic thought," History of Economic Ideas, Fabrizio Serra Editore, Pisa - Roma, vol. 20(3), pages 15-24.
    10. Samira Demaria & Sandra Rigot, 2014. "IFRS Standards and insurance companies : what stakes for long-term investment? A french case explanatory analysis," Post-Print halshs-01068482, HAL.
    11. Köhler, Ekkehard & Kolev, Stefan, 2011. "The conjoint quest for a liberal positive program: "Old Chicago", Freiburg and Hayek," HWWI Research Papers 109, Hamburg Institute of International Economics (HWWI).
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    Cited by:

    1. Payal Malik & Neha Malhotra & Ramji Tamarappoo & Nisha Kaur Uberoi, 2019. "Legal Treatment of Abuse of Dominance in Indian Competition Law: Adopting an Effects-Based Approach," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 54(2), pages 435-464, March.

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    More about this item

    Keywords

    Competition policy; abuse of dominant position; ordoliberalism; Chicago school competition law and economics;
    All these keywords.

    JEL classification:

    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
    • L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices
    • N44 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Europe: 1913-

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