European Union Competition Policy in Light of Modern Theories of Economic Growth: A Necessary Review to Support the Private Sector's Contribution to Growth Through Investment in Technology

2015 ◽  
Author(s):  
Stephane Ciriani ◽  
Marc Lebourges
Keyword(s):  
Economic Growth ◽  
European Union ◽  
Competition Policy ◽  
Union Competition

scholarly journals European Union competition policy

2018 ◽  
Author(s):  
Margrethe Vestager
Keyword(s):  
European Union ◽  
Productivity Growth ◽  
Competition Policy ◽  
Consumer Welfare ◽  
Internal Market ◽  
Single Market ◽  
Policy Goals ◽  
Energy Union ◽  
Eu Competition Policy ◽  
Union Competition

The fundamental provisions of EU competition policy have remained virtually intact for sixty years, attesting to their flexibility and continued relevance. Their enforcement in particular focused on protecting the internal market and —in the case of antitrust and mergers— consumer welfare. They have also served the EU’s wider policy goals; for example, they directly support several of the current Commission’s top priorities such as jobs, growth and investment and the single market (including the digital single market and the energy union). Increasingly, research demonstrates the macroeconomic benefits of competition policy, such as productivity, growth, employment and inequality reduction.  

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