The Liberal Bases of EU Competition Policy and the Case of Gas Sector Cover Image

Liberalne podstawy polityki konkurencji UE a rynek gazu
The Liberal Bases of EU Competition Policy and the Case of Gas Sector

Author(s): Angelo Santagostino
Subject(s): Economy, National Economy
Published by: Wydawnictwo Naukowe Uniwersytetu Marii Curie-Sklodowskiej
Keywords: liberalizacja; UE; konkurencja; gaz

Summary/Abstract: The TFEU is not defining competition. The definition we propose is: A policy bound to: detect and deter cartels; avoid mergers leading to abuse of dominant position, control and prohibit State aid, promote liberalisations. This definitions contains the mail elements of the liberal theory of competition. The paper explores them: entry freedom, competition order, state aids and cartels. Liberalizations are strictly linked to Einaudi’s concept of “juridical possibility of having competition”. The third Gas Directive represents an example of this “juridical possibility”. Progresses in its application have been small. Furthermore the crisis has produced a sort of euro-sclerosis of the liberalization process. The revitalization of liberalisations is essential to regain growth in Europe.

  • Issue Year: XLIX/2015
  • Issue No: 2
  • Page Range: 159-168
  • Page Count: 10
  • Language: English
Toggle Accessibility Mode