Title: European Competition Policy: Goals and Means
Abstract: When deciding what sorts of policy to adopt to ensure that the industrial economy functions efficiently the European authorities chose competition policy. But the choice of the most impersonal means of social control of the economy must be justified by showing that competition policy is a more efficient way of achieving given economic goals than the other types of policy. As the Economic Council of Canada has said: 'where competition is such as to promote the efficient use of manpower, capital and natural resources, it obviates or lessens the need for other forms of control such as more or less detailed public regulation or public ownership of industry'.1 An analysis of the goals and methods of this way of controlling the working of the European market is the subject of this chapter.
Publication Year: 1977
Publication Date: 1977-01-01
Language: en
Type: book-chapter
Indexed In: ['crossref']
Access and Citation
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot