ARTICLE: COMPETITION LAW - REGULATION - AIMS - FUNDAMETALS - MARKET ECONOMY - ADMINISTRATIVE INTERVENTION - SELF-REGULATION

The regulation of competition: A prospective point of view (I)

Competition law aims at intervening on markets, not in order to limit their operation, but in order to make them work better. Competition law has thus developped on a somehow paradoxial basis: true trust in market economy leads to administrative intervention. This article aims at resolving this apparent paradox thanks to the notion of "competitive regulation". The author makes a distinction between market self-regulation, spontaneously leading to efficient prices, and antitrust regulation which aims at maintaining such self-regulation, always under the threat of undertakings’ behaviour. This article is Part I. Part II to be published in Concurrences N° 4-2009. Tables of this article are reproduced in the pdf. Part II has been published in Concurrences N° 4-2009

I. Vous avez dit régulateur ? 1. La transformation du Conseil de la concurrence en Autorité de la concurrence s'est accompagnée de deux évolutions un peu contradictoires. Un renforcement de l'autonomie de l'instruction, qui semble conforter une tendance à la juridictionnalisation, et un mouvement inverse d'affirmation du statut d'autorité administrative avec l'attribution de la compétence en matière de concentration et la possibilité de saisine d'office pour avis. Cette contradiction n'est pas nouvelle puisque la loi NRE de mai 2001 avait déjà permis de codifier les acquis jurisprudentiels issus de l'application de l'article 6 de la CEDH, qui correspondait à un rapprochement avec la procédure pénale, et avait, dans le même temps, mis en place des procédures alternatives ou négociées (transaction,

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Author

  • French Competition Authority (Paris)

Quotation

Thierry Dahan, The regulation of competition: A prospective point of view (I), September 2009, Concurrences Review N° 3-2009, Art. N° 26548, www.concurrences.com

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