Modernisation Of Competition Policy And Eu Governance

Dusan Zdravkovic, Snezana Radukic and Milica Radovic

Montenegrin Journal of Economics, 2011, vol. 7, issue 1, 55-62

Abstract: "Re-shaping" policy provides the opportunity for an inclusive approach to EU decision-making in dialogue with existing member-states and anticipated new members. The purpose of this paper is to examine the extent to which the governance process that underpinned the modernisation of EC competition policy (Council Regulation (EC) N0 1/2003, effective 1 May 2004) can be considered inclusive. This paper contributes to the small but growing literature that illustrates the complex interaction between governance and implementation of public policy. A multi-level approach is used to describe EC governance with respect to the implementation of revised competition policy. The process is evaluated through the levels of involvement of the key stakeholders, i.e. firms (national, European and non-European), consumers, national competition authorities (NCAs), the European Commission, and member states. Ultimate authority, however, remains vested in the Commission through legislation and institutionalism.

Date: 2011
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