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Does Competition Matter? An Attempt of Analytical ‘Unbundling’ of Competition from Consumer Welfare: A Response to Miąsik

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Andriychuk O.

Yearbook of Antitrust and Regulatory Studies

2009

vol. 2(2)

12-26

This paper is an attempt to evaluate the conceptual relationship between two central elements of the theory of antitrust: competition and consumer welfare. These two notions are analysed in their mutual dependency. In terms of methodology, the paper proposes to structurally separate competition from consumer welfare. This technique is successfully applied in the domain of legal philosophy when the correlation between law and morality is debated. The main purpose of this paper is to show that both competition and consumer welfare are economic values of fundamental importance with no ex ante hierarchical dominance of consumer welfare over competition. In case of conflict, priority might be given to either of these values depending on the context of the assessment. This paper has a discursive character, it constitutes a response to Dawid Miąsik’s article entitled: ‘Controlled Chaos with Consumer Welfare as the Winner – a Study of the Goals of Polish Antitrust Law’ which was published in the ‘Yearbook of Antitrust and Regulatory Studies’ 2008 vol. 1.

The Concept of Sustainability in EU Competition Law: A Legal Realist Perspective

100%

Andriychuk O.

Yearbook of Antitrust and Regulatory Studies

2021

vol. 14

issue 23

11-38

Cet article explore le rôle de la durabilité dans le droit européen de la concurrence du point de vue de la théorie du réalisme juridique. Il examine la question en analysant trois thèmes interdépendants. Il expose tout d’abord les principaux arguments normatifs et méthodologiques des protagonistes et des opposants à une conception plus socialement engagée de la politique de concurrence. Une telle approche appelle à une interprétation plus permissive des règles de concurrence. Ensuite, il développe une analyse du droit de la concurrence, en se basant sur les prémisses de la tradition réaliste juridique, en ajustant le réalisme juridique aux besoins et aux spécificités de notre domaine et de notre époque, et en soutenant que cette théorie philosophique juridique est bien adaptée pour capturer la discussion actuelle. Enfin, il projette cette théorie jurisprudentielle du réalisme juridique vers une dimension appliquée, en offrant un aperçu de la question théorique centrale d’une politique de concurrence européenne plus inclusive sur le plan social: la question de l’équilibre entre des valeurs incommensurables.

This article explores the role of sustainability in EU competition law from the perspective of the theory of legal realism. It addresses the issue by analysing three interrelated themes. It first outlines the main normative and methodological arguments of the protagonists and the opponents of a more societally engaged account of competition policy. Such an account pleads for a more permissive interpretation of competition rules. Secondly, it develops an account of competition law, basing on the premises of the legal realist tradition, adjusting legal realism to the needs and specificities of our field and our time, and submitting that this legal philosophical theory is well-suited for capturing the present discussion. Finally, it projects this jurisprudential theory of legal realism to an applied dimension, offering an outline of the central theoretical issue of a more societally inclusive EU competition policy: the issue of balancing incommensurable values.

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2 Yearbook of Antitrust and Regulatory Studies

2 Andriychuk O.

1 2021

1 2009

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Does Competition Matter? An Attempt of Analytical ‘Unbundling’ of Competition from Consumer Welfare: A Response to Miąsik

The Concept of Sustainability in EU Competition Law: A Legal Realist Perspective