Competition Law in Crisis: The Antitrust Response to Economic Shocks (Paperback)

Competition Law in Crisis: The Antitrust Response to Economic Shocks By Bruce Wardhaugh Cover Image

Competition Law in Crisis: The Antitrust Response to Economic Shocks (Paperback)

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A common criticism of the competition rules posed by EU authorities is that they are too inflexible, thereby prohibiting adequate responses to economic and industrial shocks. Competition Law in Crisis challenges this suggestion through an examination of competition responses to crises past and present. With an analysis spanning the response of UK and EU competition authorities to the economic and commercial outfall of the 2008 financial crisis, the COVID-19 pandemic, and potential responses to the climate crisis in the context of post-Brexit British industrial policy, the book argues that relaxing the competition regime is precisely the wrong response. The rigidity of competition rules in the UK and EU has both normative and positive implications for not just the methodology used in competition analysis, but also the role of competition law within the legal order of both jurisdictions. The book concludes with a discussion of the place of the competition in the UK's and EU's legal order.
Product Details ISBN: 9781108983990
ISBN-10: 1108983995
Publisher: Cambridge University Press
Publication Date: August 18th, 2022
Pages: 292
Language: English