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ISBN: 0199244014Издательство: Oxford University Press
Protecting economic competition has become a major objective of the governments of Western Europe, and so competition law has become a central part of their economic and legal affairs. The competition law of the European Union has played a key role in the success of European integration during the last four decades, and is likely to do so in the future. In recent years, national competition laws have also become increasingly important, often creating tensions between national-level and European-level regulation. However, despite this importance, images of Europe's experience with competition law often remain vague and are sometimes dangerously distorted. This book examines the European experience in protecting competition by analyzing its dynamics, revealing its importance, and highlighting the political and economic issues it raises.