Does conduct harm competition?
It is not sufficient to explain, as part of a theory of harm, that there has been harm to competition in general as a result of particular conduct.
This is because there is a range of conduct that might harm competition in some way, but not all of this conduct necessarily constitutes a breach of competition law.
I. Introduction
Social and economic inequality is on the rise.
The rich are becoming wealthier, the income of the middle class is declining, and the poor are struggling to remain afloat.
Despite decades of growth and prosperity, despite political promises and perceived efforts to promote equality in some jurisdictions, social polarization is increasing, and is tea.
Microeconomic Analysis of Household Expenditure Data
The macroeconomic analysis discussed above sheds light on how competition law and inequality interact across countries, industries, and over time.
Considering the limitations of the macroeconomic datasets, we subsequently moved to review the relationship between competition law and inequality at the household level using microeconomic data.52Examin.
v. Competition Law Enforcement as A Strategic Lever?
Our empirical observations, outlined above, support the notion that competition law enforcement can play a role in limiting inequality.
But how does one translate this insight into meaningful enforcement action.
Could the apparent positive relationship between effective competition law enforcement and economic equality be utilized more fully by har.
VI. Final Reflections
Rising economic inequality presents society with unprecedented challenges.
Direct instruments designed to address these worrying trends have often under performed.
As a result, we find ourselves on a potentially dangerous and unsustainable path.
In this reality, competition law may serve as a valuable complementary instrument, which can be used to .
What if competition is at risk?
In the cases where competition is at risk (rather than already seriously affected) so that consumer harm is likely to arise in the future, the additional difficulty is that not only the counterfactual that would arise following an intervention but also the outcome absent intervention has to be predicted.
