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Navigating Theory and Practice: The EU Competition Policy in a Changing Landscape

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  • Eduard Marinov

Abstract

The article scrutinizes the dynamic interplay between theory and practice in EU competition policy. Through an in-depth analysis of theoretical and empirical insights, the article evaluates the impact of antitrust measures, merger control, and sector-specific regulations on EU flagship initiatives and economic growth. Emphasizing the pivotal role of competition policy in the single market, it calls for heightened theoretical underpinnings to enhance policy efficacy. As the article unfolds against the backdrop of the COVID-19 pandemic, it underscores the policy's adaptability to new strategic priorities, advocating for innovation, resilience, and sustainable development. The analysis reveals that while the European Union's competition policy has contributed to market efficiency and economic growth, challenges persist, particularly in addressing weak competition in certain sectors and adapting to evolving global economic dynamics.

Suggested Citation

  • Eduard Marinov, 2024. "Navigating Theory and Practice: The EU Competition Policy in a Changing Landscape," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 8, pages 190-211.
    • Handle: RePEc:bas:econst:y:2024:i:8:p:190-211
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    File URL: http://archive.econ-studies.iki.bas.bg/2024/2024_08/2024_08_010.pdf
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    References listed on IDEAS

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    1. Adriaan Dierx & Fabienne Ilzkovitz & Beatrice Pataracchia & Marco Ratto & Anna Thum-Thysen & Janos Varga, 2017. "Does Eu Competition Policy Support Inclusive Growth?," Journal of Competition Law and Economics, Oxford University Press, vol. 13(2), pages 225-260.
    2. Mario Mariniello, 2014. "Commitments or prohibition? The EU antitrust dilemma," Bruegel Policy Brief 809, Bruegel.
    3. Chris Green, 1987. "Industrial Organization Paradigms, Empirical Evidence, and the Economic Case for Competition Policy," Canadian Journal of Economics, Canadian Economics Association, vol. 20(3), pages 482-505, August.
    4. Eckbo, B Espen & Wier, Peggy, 1985. "Antimerger Policy under the Hart-Scott-Rodino Act: A Reexamination of the Market Power Hypothesis," Journal of Law and Economics, University of Chicago Press, vol. 28(1), pages 119-149, April.
    5. Wan-Wen Chu & Jla-Jing Li, 1996. "Growth And Industrial Organisation," Industry and Innovation, Taylor & Francis Journals, vol. 3(1), pages 35-52.
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    More about this item

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
    • L40 - Industrial Organization - - Antitrust Issues and Policies - - - General
    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law

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