Experimentalist Competition Law and the Regulation of Markets

Antitrust / Competition Law

Experimentalist Competition Law and the Regulation of Markets

By Yane Svetiev
Hart Publishing June 2022

Specifications

ISBN-13
9781509945504
Publisher
Hart Publishing
Publication
June 2022
Format
Paperback
Jurisdiction
U.K. ? Countri(es) for reference only

Also available as

Hardback

Details

This book charts the emergence of experimentalist governance in the implementation of EU competition law as a response to uncertainty and the limits of hierarchical enforcement in an increasingly dynamic and heterogeneous economic environment. It contributes to ongoing debates about the current state of EU competition law and provides an innovative account of emergent enforcement trends and its future direction. It also argues that an experimentalist evolution of competition law and market regulation attenuates concerns about the competitive strictures of EU law on national economic and regulatory institutions.

Through its focus on experimentalist governance, the book provides guidance on completing experimentalist infrastructures for market regulation, as well as on the role of courts in triggering and sustaining experimentalist solutions. As such, it offers a novel perspective on implementing competition law in the EU and beyond.

Table of Contents

Introduction
I. Transformation of EU Competition Law: From Cross-border Transactions to Economic Efficiency?
II. A New Equilibrium for EU Competition Law: Legalism or Regulation?
III. The Status of Competition in the EU Internal Market: Competitive Markets and Public Interest Objectives
IV. Competition Law and Experimentalist Governance
V. The Scope Conditions for Experimentalist Governance in Competition Law
1. Networks and Hierarchy: Completing an Experimentalist Architecture?
I. The ECN as a Convergence Network?
II. Detecting Experimentalism in Light of Institutional Ambiguity
III. Enforcement Institutions, Techniques and Procedures
IV. Substantive Competition Law: Shadowing the Commission or Innovating?
V. Experimentalism and Institutional Design
VI. Conclusion
2. Experimentalism and the Choice of Enforcement Technique
I. From Rule-Enforcement to Problem-Solving in Market Regulation
II. The Transformation of EU Competition Enforcement: Legalism or Experimentalism?
III. The Use of Commitments in EU Competition Enforcement
IV. Commitment Decisions and Experimentalism
V. Experimentalism and the Choice of Enforcement Technique
VI. Conclusion
3. Peer Review in Experimentalist Market Regulation
I. The Forms and Functions of Peer Review
II. Formalising Peer Review in EU Market Regulation
III. Transformation and Assemblage: Experimentalist Peer Review in Competition Law?
IV. Conclusion
4. Courts and Experimentalist Competition Governance
I. Judicial Review of Competition Decision-Making
II. Dialogic Review: Judicial Review and Peer Accountability
III. Private Antitrust Litigation and Experimentalist Governance
IV. Conclusion
5. Experimentalist Governance and International Antitrust
I. Globalising Competition Law and Policy
II. An Informal Competition Network: A Stepping Stone to Experimentalism?
III. The ICN in its Second Decade: A Focus on Implementation
IV. Transnational Peer Review in Competition Law and Policy
V. Experimentalism and Shared Enforcement Context
VI. Conclusion
Conclusion
I. From Spontaneous Workarounds to Deliberate Experimentalism
II. Experimentalist Governance: Prospects, Limits and Constraints
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