The jurisprudence has highlighted the constitutional implications of the competition enforcement, as a competence of the State prevailing over regional ones. However, the economic crisis and fears of out-control globalization have diminished the collective confidence in competition as a factor of economic growth. The Italian Competition Authority has been relegated back to the position of an ordinary administration by the Constitutional Court. Moreover, national governments aim to regain a leading role in crucial choices for economic development, e.g. regarding the control of mergers. At the same time, the debate on the goals of competition law has reopened, after a period of unchallenged domination of efficiency as a paradigm. More attention should be paid to the long-term consequences of the concentration of economic power, even if justified by productive efficiency and immediate benefits for consumers.

Competition Authorities and political decisions / Midiri, M.. - In: POLITICA DEL DIRITTO. - ISSN 0032-3063. - 51:2(2020), pp. 173-204. [10.1437/97368]

Competition Authorities and political decisions

Midiri M.
2020

Abstract

The jurisprudence has highlighted the constitutional implications of the competition enforcement, as a competence of the State prevailing over regional ones. However, the economic crisis and fears of out-control globalization have diminished the collective confidence in competition as a factor of economic growth. The Italian Competition Authority has been relegated back to the position of an ordinary administration by the Constitutional Court. Moreover, national governments aim to regain a leading role in crucial choices for economic development, e.g. regarding the control of mergers. At the same time, the debate on the goals of competition law has reopened, after a period of unchallenged domination of efficiency as a paradigm. More attention should be paid to the long-term consequences of the concentration of economic power, even if justified by productive efficiency and immediate benefits for consumers.
2020
51
2
173
204
Competition Authorities and political decisions / Midiri, M.. - In: POLITICA DEL DIRITTO. - ISSN 0032-3063. - 51:2(2020), pp. 173-204. [10.1437/97368]
Midiri, M.
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11380/1240420
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