000 02684cam a22003378i 4500
001 21297674
003 MYCC
005 20250103093706.0
008 191119s2020 enke b 001 0 eng
020 _a9781509926060
_q(hardcover)
020 _z9781509926077
_q(epub)
040 _aDLC
_beng
_erda
_cDLC
_dMYCC
082 0 0 _a343.2407/21
_223
090 0 0 _a343.240721
_bWAR 2020
100 1 _aWardhaugh, Bruce,
_d1960-
_eauthor.
245 1 0 _aCompetition, effects and predictability :
_brule of law and the economic approach to competition /
_cBruce Wardhaugh.
264 1 _aOxford ;
_aNew York :
_bHart,
_c2020.
300 _axxvii, 240 pages;
_c24cm.
336 _atext
_btxt
_2rdacontent
337 _aunmediated
_bn
_2rdamedia
338 _avolume
_bnc
_2rdacarrier
490 0 _aHart studies in competition law
504 _aIncludes bibliographical references and index.
505 0 _aIntroduction -- The Rule of Law and Why it Matters -- The Effects-Based Approach in the US : The Rule of Reason -- The Effects-Based Approach in the EU : The More Economic Approach -- Economics and the Effects-Based Approach -- Institutional Legitimacy and Competence -- Commercial and Legal Certainty -- Conclusion : Putting the Rule of Law Back into Antitrust.
520 _a"In the US and EU, legal analysis in competition cases is done on a case-by-case approach. In assessing the legality of a particular practice, this approach examines the welfare effects of that particular practice. While this analytic method has the merits of "getting the result right" by, inter alia, reducing error costs in antitrust adjudication, this analytic method comes at a cost of certainty, predictability and clarity in the legal principles which govern antitrust law. This is a rule of law concern. This is the first book to explore this tension between Europe's "More Economic Approach," the US's Rule of Reason, and the Rule of Law. The tension manifests itself in: the assumptions in and choice of analytic method; the institutional agents driving this effects-based approach and their competency to use and assess the results of the methodology they demand; and, the nature and stability of the legal principles used in modern effects-based competition analysis. The book forcefully argues that this approach to competition law represents a threat to the rule of law"--
_cProvided by publisher.
650 0 _aAntitrust law
_zUnited States.
650 0 _aAntitrust law
_zEuropean Union countries.
650 0 _aCompetition.
776 0 8 _iOnline version:
_aWardhaugh, Bruce,
_tCompetition, effects and predictability
_dOxford ; New York : Hart, 2020.
_z9781509926077
_w(DLC) 2019052353
942 _2ddc
_cBK
999 _c191
_d191