Understanding Antitrust and Competition Policies in Europe
Explore the key concepts of antitrust and competition policies in Europe, including the goals of competition law, the role of public policies, and the application of antitrust rules to promote healthy competition. Learn about the evolving landscape of market-friendly public policies and the importance of considering various factors in ensuring market efficiency and consumer welfare.
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Presentation Transcript
Sapienza - Economia e Politica Industriale Marzo-Maggio 2023 Andrea.pezzoli@agcm.it ANTITRUST AND PUBLIC POLICIES: A EUROPEAN PERSPECTIVE
OUTLINE A brief recall of the goal(s) of Competition Policy 2 Antitrust Law and Competition Policy Antitrust Law, Regulation and Innovative Markets: 1. Digital Markets 2. Pharma Industry Disruptive Innovation, Liberalization and Social Resistence The Role of other Public Policies (Welfare, Social Security, Labour Policy, )
THE GOAL(S) OF COMPETITION LAW 3 The antitrust of the origins: Economic Democracy Consumer Welfare Standard(Just Static Efficiency)? Chicago and Consumer Welfare The (Efficiency and Economic Liberty) Protection of the Competitive Process The different general interests: employment, inequality, small firms, big is bad, privacy ) Neo-Brandeisian Approach (a number of
ANTITRUST LAW AND COMPETITION POLICY 4 The application of antitrust rules and the promotion of competition Competition policy is a broader concept. It may include Innovation Policy, Patents, State Aids, Public Procurement and public liberalization cannot take place or competition may encounter serious resistence consumers side (who are also employees ) policies without which even from the
MARKET FRIENDLY PUBLIC POLICIES ARE MORE THAN WELCOME 6
THANK YOU! andrea.pezzoli@agcm.it
