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Polycentric Competition Law
Current Legal Problems ( IF 1.529 ) Pub Date : 2018-01-01 , DOI: 10.1093/clp/cuy008
Ioannis Lianos

In a world marked by financial instability, limited growth, rising inequality, deteriorating environment, growing corporate consolidation, and political turmoil, calls are made to shift the dominant competition law paradigm towards new directions. These may bring competition law beyond its usual comfort zone of assessing business, or government, practices from the point of view of their effect on prices, output and, more broadly, on consumer welfare. Competition law is seen as a tool to be used in various circumstances in order to ‘correct’ market as well as non-market (e.g. government) failures, that result from restrictions of competition, to the extent that these affect social welfare. These failures may relate to the protection of personal data and privacy, the protection of the environment, the promotion of social mobility, the harnessing of disruptive innovation, or the mitigation of technology risks. Some go even further and argue that competition law may well be employed in order to preserve a number of other ‘values’ of social justice, thought to be intrinsic in democratic capitalism and the liberal order, and to which competition law should be sensitive. By putting forward the model of ‘polycentric competition law’ and by explaining how this compares with the mainstream ‘monocentric’ vision that has prevailed so far, the study aims to unveil and portray the rites of passage in this transition, and to explore the liminal condition of modern competition law.

中文翻译:

多中心竞争法

在一个以金融不稳定、增长受限、不平等加剧、环境恶化、企业整合加剧和政治动荡为特征的世界中,人们呼吁将占主导地位的竞争法范式转向新的方向。这些可能会使竞争法超出其通常的舒适区,即从其对价格、产出以及更广泛的消费者福利的影响的角度评估企业或政府的做法。竞争法被视为一种工具,可在各种情况下使用,以“纠正”市场和非市场(例如政府)失灵,这些失灵是由竞争限制导致的,在一定程度上影响社会福利。这些失败可能与保护个人数据和隐私、保护环境、促进社会流动、利用破坏性创新,或减轻技术风险。有些人甚至更进一步认为,竞争法很可能被用来维护社会正义的其他一些“价值”,这些价值被认为是民主资本主义和自由秩序的内在价值,竞争法应该对此敏感。本研究通过提出“多中心竞争法”模型并解释其与目前盛行的主流“单中心”观点的比较,旨在揭示和描绘这一转变过程中的通过仪式,并探讨其阈限。现代竞争法的条件。被认为是民主资本主义和自由秩序所固有的,竞争法应该对此敏感。本研究通过提出“多中心竞争法”模型并解释其与目前盛行的主流“单中心”观点的比较,旨在揭示和描绘这一转变过程中的通过仪式,并探讨其阈限。现代竞争法的条件。被认为是民主资本主义和自由秩序所固有的,竞争法应该对此敏感。本研究通过提出“多中心竞争法”模型并解释其与目前盛行的主流“单中心”观点的比较,旨在揭示和描绘这一转变过程中的通过仪式,并探讨其阈限。现代竞争法的条件。
更新日期:2018-01-01
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