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Consumer Welfare, Total Welfare and Economic Freedom – On the Normative Foundations of Competition Policy

In: Competition Policy and the Economic Approach

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  • Viktor J. Vanberg

Abstract

This outstanding collection of original essays brings together some of the leading experts in competition economics, policy and law. They examine what lies at the core of the ‘economic approach to competition law’ and deal with its normative and institutional limitations. In recent years the ‘more economic approach’ has led to a modernisation of competition law throughout the world. This book comprehensively examines for the first time, the foundations and limitations of the approach and will be of great interest to scholars of competition policy no matter what discipline.

Suggested Citation

  • Viktor J. Vanberg, 2011. "Consumer Welfare, Total Welfare and Economic Freedom – On the Normative Foundations of Competition Policy," Chapters, in: Josef Drexl & Wolfgang Kerber & Rupprecht Podszun (ed.), Competition Policy and the Economic Approach, chapter 2, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:13786_2
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    Cited by:

    1. Van der Burg, Miriam & Van den Bulck, Hilde, 2015. "Economic, political and socio-cultural welfare in media merger control: An analysis of the Belgian and Dutch competition authorities’ reviews of media mergers," Information Economics and Policy, Elsevier, vol. 32(C), pages 2-15.
    2. Budzinski, Oliver & Eckert, Sandra, 2015. "Wettbewerb und Regulierung," Ilmenau Economics Discussion Papers 93, Ilmenau University of Technology, Institute of Economics.

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    Keywords

    Economics and Finance; Law - Academic;

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