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Impact of Financial and Economic Crisis on the Paradigm of the European Union's Antitrust

Publication at Faculty of Law |
2012

Abstract

Sice the outbreak of financial and economic crisis in 2008 the protection of competition in the EU began to adapt its targeting to influences countervailing its previous neoliberal standpoint. The paper analysis the gradual shift from pre-crisis values targeted by the protection of economic competition (efficiency and consumer welfare) towards greater variety of values reflecting social-market economy goals of the EU at the present stage of its development.