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Wettbewerbsfreiheit und unternehmerische Effizienz. Eine Erwiderung auf Schmidtchen / Freedom of Competition and Efficiency of Firms

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  • Mestmäcker Ernst-Joachim

Abstract

This article deals with the relation of law and economics in the interpretation and application of competition rules. The author takes issue with Schmidtchen’s position argued in this volume, “that it is in case of conflicts impossible, to maximize freedom in cases where an additional unit of freedom for A implies an impairment of the same freedom for B.” This position is incompatible with the theory of competition as a discovery procedure as well as with the meaning of freedom of competition in private and competition law. The Coase-theoreme, relied on by Schmidtchen, does not permit a finding of a self-contradiction of freedom of competition in dealing with conflicting competitive interests.

Suggested Citation

  • Mestmäcker Ernst-Joachim, 2008. "Wettbewerbsfreiheit und unternehmerische Effizienz. Eine Erwiderung auf Schmidtchen / Freedom of Competition and Efficiency of Firms," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 59(1), pages 185-208, January.
    • Handle: RePEc:bpj:ordojb:v:59:y:2008:i:1:p:185-208:n:11
    DOI: 10.1515/ordo-2008-0111
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    References listed on IDEAS

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    1. R. H. Coase, 2013. "The Problem of Social Cost," Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
    2. Hellwig, Martin, 2007. "Wirtschaftspolitik als Rechtsanwendung," Walter Adolf Jöhr Lecture 2007, University of St. Gallen, School of Economics and Political Science, Institute of Economics (FGN-HSG).
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    1. Schmidtchen Dieter, 2009. "Zum Verhältnis von Recht und Ökonomie in der Wettbewerbspolitik: Eine Erwiderung auf Mestmäcker / On the Dualism of Law and Economics in the Interpretation and Application of Competition Rules," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 60(1), pages 153-168, January.

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