The Future

Nick Gardner

Chapter 9 in A Guide to United Kingdom and European Union Competition Policy, 2000, pp 157-160 from Palgrave Macmillan

Abstract: Abstract In terms simply of cost-effectiveness, the ideal outcome of the future development of competition policy would be a situation in which everyone knows what is likely to be prohibited, and no one is willing to risk infringement. In that ideal situation the authorities would have little to do beyond occasionally warning or reassuring a businessman who wishes to ascertain their reaction to a hitherto untested situation. Companies and taxpayers would thereby be relieved of the costs of unnecessary investigation and litigation.

Keywords: World Trade Organisation; Competition Policy; Luxury Good; Antitrust Authority; Vertical Restraint (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_9

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DOI: 10.1007/978-0-230-28623-8_9

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