Ideas and Their Implementation

Nick Gardner

Chapter 1 in A Guide to United Kingdom and European Union Competition Policy, 2000, pp 3-19 from Palgrave Macmillan

Abstract: Abstract The legislative framework of competition policy provides no more than a broad indication of the intentions of the policymakers who devised it. It delegates to the authorities which it appoints, a wide range of discretion in their performance of the task of giving practical effect to those intentions. That discretion is not exercised in a vacuum, however: those responsible are influenced by the intellectual and political climate and by the social and constitutional environment within which they operate. This chapter is concerned with the nature of those influences.

Keywords: Market Power; Competition Policy; Allocative Efficiency; Chicago School; Resale Price Maintenance (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-28623-8_1

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DOI: 10.1007/978-0-230-28623-8_1

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