The Influence of the Chicago School on the Commission's Guidelines, Notices and Block Exemption Regulations in EU Competition Policy

Bartalevich, Dzmitry

doi:10.1111/jcms.12292

Cited by 28 publications

(10 citation statements)

References 45 publications

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“…Hence, government is not the problem, but rather 'the solution to the problem, as long as it is the right kind of government' (Schnyder and Siems, 2013, p. 253), that is: one that shapes markets so that their regulation is not simply market-conforming, but rather market-shaping and competition-enforcing. This constitutes a crucial difference from the marketconforming, efficiency-seeking approach to regulation of the Chicago School tradition (Bartalevich, 2016). Additionally, not all forms of competition are perceived to be the same, with ordoliberals valuing 'achievement competition' over 'impediment competition' (Blyth, 2013, p. 137): rather than in a race to the bottom where regulatory impediments are removed one after another, competitiveness is better ensured through the quality of the goods and services produced, and the process ensuring that quality.…”

Section: An Ordoliberal Power? the Eu In Global Neoliberal Restrucmentioning

confidence: 95%

Ordoliberalizing the Neighbourhood? The EU's Promotion of Regulatory Reforms in Egypt

Roccu

2018

J of Common Market Studies

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While the EU has long been promoting economic reforms in neighbouring countries, scant attention has hitherto been paid to its regulatory efforts. This paper addresses this empirical gap with reference to the EU's promotion of regulatory reforms in three economic sectors in Egypt: agriculture, banking and telecoms. It finds that these reforms are significantly, if selectively, informed by ordoliberal principles and practices. Two theoretical implications of this finding are explored. On the one hand, while this substantiates the institutional isomorphism hypothesis, for which the EU tends to export its own models elsewhere, the selectivity with which this occurs demonstrates greater instrumentality than usually maintained in this literature. On the other hand, understanding ordoliberalism as a variation within the neoliberal template shaping restructuring in Egypt, this paper moves beyond binary views of regulatory co‐operation and competition and thus also enriches debates on the EU as a global regulator.

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Section: An Ordoliberal Power? the Eu In Global Neoliberal Restrucmentioning

confidence: 95%

Ordoliberalizing the Neighbourhood? The EU's Promotion of Regulatory Reforms in Egypt

Roccu

2018

J of Common Market Studies

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“…According to this perspective, competition has been a central policy area where convergence with the EU can be observed. According to some scholars, this regulatory convergence is manifested through the EU competition regime steadily becoming more similar to the Chicago neoliberal paradigm (Bartalevich, 2016;Buch-Hansen and Wigger, 2010;Wigger and N€ olke, 2007). Historically, this can be traced to the process of 'soft convergence', when US experts collaborated with Europeans in the drafting of abuse of market power clauses in the European Coal and Steel Community (Djelic, 2002).…”

Section: Regulatory Convergence or Transatlantic Divergence?mentioning

confidence: 99%

Digital markets, competition regimes and models of capitalism: A comparative institutional analysis of European and US responses to Google

Kornelakis

Hublart²

2021

Competition & Change

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The comparative capitalism literature examined how institutions vary on a national or societal level and how these differences affect multinational companies’ strategies. Yet, little attention has been devoted to cross-national or regional differences in the governance of competition, especially in the context of digitalization of markets. The article seeks to fill this gap by looking at the case of Google. It traces the process of the stark US–EU disagreement over Google’s abuse of dominant position in digital markets, which resulted in one of the largest fines in the EU history. It is argued that the variation in the response to the company’s market and nonmarket strategies are traced back to differences between Ordoliberal and Chicago School ideas, which are embedded in the ‘competition regimes’ of European and US capitalist models. The article concludes by discussing the implications of these findings for varieties of capitalism frameworks.

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“…Clearly other influences can also be traced. In this debate, see, for example, Akman, 2014;Karagiannis, 2013, who argue that its influence has been exaggerated; and Bartalevich, 2016;Talbot, 2016; Warlouzet 2010 for the more nuanced view that ordo-liberalism has been influential, but that competition law has also been shaped by other factors. For the purpose of this contribution there is no need to precisely trace the exact impact.…”

Section: The Ordo-liberal Roots Of European Competition Lawmentioning

confidence: 99%

Rethinking Competition Law within the European Economic Constitution

Gerbrandy

2019

J of Common Market Studies

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In light of re‐conceptualizing a European social market economy, this contribution considers competition law's position in the European economic constitution. The economic constitution captures the economic foundation of European integration as based on the market mechanism. The contribution asks whether the change towards a ‘more economic approach’ to competition law implies an alienation of competition law from societal challenges. The contribution considers whether this interpretation, with competition law being such an integral part of the European economic constitution, should change in light of the constitutional goal of a European social market economy. To do so, the article sketches the fundamental place of competition law in the European economic constitution and shows how its interpretation has become more economics‐based. It highlights some of the problematic aspects of this change and analyzes these findings from the perspective of an economic constitution serving a social market economy.

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The Influence of the Chicago School on the Commission's Guidelines, Notices and Block Exemption Regulations in EU Competition Policy

Cited by 28 publications

References 45 publications

Ordoliberalizing the Neighbourhood? The EU's Promotion of Regulatory Reforms in Egypt

Ordoliberalizing the Neighbourhood? The EU's Promotion of Regulatory Reforms in Egypt

Digital markets, competition regimes and models of capitalism: A comparative institutional analysis of European and US responses to Google

Rethinking Competition Law within the European Economic Constitution

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