Tuesday, July 17, 2007
Posted by D. Daniel Sokol
In recent weeks the beneficial impact of promoting competition on European living standards has been called into question, as the statement above makes clear. At the last meeting of the European Council the proposed EU Reform treaty had the objective of "unfettered competition" deleted from the leading objectives of the European Union. Commentary in the Financial Times has contended that this treaty change could have significant longer-term implications for competition law and its enforcement in Europe. Moreover, and quite distinctly, the European Court of First Instance is due to hand down their verdict on the Microsoft case in September. All of these matters are likely to keep EC competition law in the news for some time and call for a balanced assessement of its effects.
To stimulate debate on the contribution of competition law and its enforcement to European living standards and economic performance the editors of the Swiss Review of International Economic Relations (Aussenwirtshaft) are holding a paper competition. A prize of 5,000 euros will be offered to the best paper submitted to the competition. Details of the competition are attached. The submission deadline for the competition is 20 September 2007.
The competition is open to all those with a strong interest in competition law, irrespective of professional background or academic discipline.
The three judges for this competition will be Prof. Damien Neven (Chief Economist of DG Competition but here acting in a personal capacity), Prof. Jacques Bourgeois (WilmerHale and College of Europe), and Simon Evenett. Email Simon Evenett with any questions.