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A changing c ompetition policy : Thinking back and ahead

A changing c ompetition policy : Thinking back and ahead. Philip Lowe. A changing environment. Globalisation Enlargements More economics. A changing legislative framework Antitrust modernisation. Decentralisation - European Competition Network

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A changing c ompetition policy : Thinking back and ahead

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  1. A changing competition policy: Thinking back and ahead Philip Lowe

  2. A changing environment • Globalisation • Enlargements • More economics

  3. A changing legislative frameworkAntitrust modernisation • Decentralisation - European Competition Network • Enhanced priority setting based on market knowledge • More efficient fight against cartels • Improved guidance • Results: effective enforcement

  4. A changing legislative framework:Revision of merger control rules • Principles remain the same • Amended substantive test • Improved handling of efficiency claims • More flexible and transparent procedure • Improved and more detailed guidance

  5. A changing legislative framework:State aid reform • Less and better aid • State Aid Action Plan • Simplification

  6. A changing organisation • Chief Economist Team • Peer review panels • Reorganisation along sectoral lines • Enforcement and monitoring Unit for State aids • Consumer Liaison officer

  7. A changing role of competition policy • Competition advocacy • Improved regulatory environment • Contribution to other policies • Global Europe • Enforcement system with global reach • Multilateral cooperation in ICN • Free trade agreements with competition clauses

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