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2 results

  • 8 - Main Findings and Avenues towards a Competition–Democracy Nexus 4.0

  • from Part IV - The Revival of the Competition–Democracy Nexus
  • Elias Deutscher, University of East Anglia School of Law
  • Book:
    Competition Law and Democracy
    Published online:
    21 November 2024
    Print publication:
    28 November 2024, pp 317-350

  • Summary

    This chapter summarises the main findings of the book and the trajectory of republican liberty as the central element of the competition–democracy nexus. The chapter also explores proposals for how the competition–democracy can be revived to allow competition law to address the contemporary challenges of industry concentration and the rise of corporate power. The chapter discusses different avenues towards a competition–democracy nexus 4.0 that would realign competition law with the parameters of republican antitrust. The chapter also casts light on the hard policy choices one such reform would involve.

Competition Law and Democracy
  • Markets as Institutions of Antipower
  • Elias Deutscher
  • Published online:
    21 November 2024
    Print publication:
    28 November 2024
  • Examining the normative foundations of US antitrust and EU competition law, Elias Deutscher argues that the idea of a competition-democracy nexus rests on a commitment to a republican understanding of economic liberty. The book uses this republican concept of economic liberty to analyse how US antitrust and EU competition law embodied a competition-democracy nexus and explains how the turn of competition law toward a more economic approach has led to its decline. The book offers proposals for how the nexus can be revived to allow competition law to address contemporary concerns about the concentration of corporate power.