You are looking at 1 - 10 of 5,680 items :

  • single market imperative x
Clear All
You do not have access to this content

Patrick F. Todd

sales. 4 This article seeks to demonstrate that many restrictions on the freedom of manufacturers and retailers to agree constraints in relation to the distribution of the former's goods by the latter are in fact motivated by the single market imperative (‘SMI’). It examines recent EU enforcement decisions and case-law to show that certain vertical restraints have been condemned primarily because of their effect on cross-border trade, rather than on prices or output. In the UK post-Brexit, there will be an opportunity to take a more effects-based approach to vertical

You do not have access to this content

Matteo Negrinotti

16. The single market imperative and consumer welfare: irreconcilable goals? Exploring the tensions amongst the objectives of European competition law through the lens of parallel trade in pharmaceuticals Matteo Negrinotti* 1 INTRODUCTION: PARALLEL TRADE BETWEEN FREE MOVEMENT AND COMPETITION RULES Parallel trade (or grey markets) refers to the act of importing a product into one country (the import country) from another (the export country), and placing it on the market outside the distribution channels authorized by the product’s manufacturer.1 Parallel trade

You do not have access to this content

Malcolm Gammie

States to achieve any significant progress towards corporate tax harmonisation, notwithstanding the identification in the early studies of the implications of such nonharmonisation for the establishment of a single market. Perhaps more to the point, the Community in this period had not developed to a point at which it had established the necessary foundations to make some action a political imperative. As this last point suggests, and as we can see from the UK, US and Canadian models, a single market essentially imposes particular solutions to the adoption and

You do not have access to this content

Edited by Christopher Bovis

JOBNAME: Bovis PAGE: 1 SESS: 6 OUTPUT: Tue Jun 14 14:39:50 2016 Conclusions The vision and aspirations of European Institutions towards a Single Market Act1 have identified public procurement reforms as essential components of competitiveness and growth2 and as indispensable instruments of delivering public services.3 Public procurement in the European Union has been an integral part of the concept of the common market. Its regulation provides for economic and policy justifications for eliminating existing non-tariff barriers in inter-state trade. The

This content is available to you

Mario Monti

squeezes’, ‘leveraging of market power’, ‘aggressive bundling’ have not yet been abandoned by incumbents. It is imperative therefore that antitrust enforcement remains vigilant and that entry by new competitors is not rendered illusionary. The importance of the communications industry to the economy requires an increased antitrust scrutiny in order to ensure that growth and innovation are not obstructed by market power abuses or other anticompetitive practices. I do not mean to suggest, however, that the telecoms industry does not have distinctive features. What I mean

You do not have access to this content

Geoffrey M. Hodgson

existence of a market. Of course, imperfect information and quality variations can explain price variations within a market. Nevertheless, the organized competition of the market and its associated information facilities are necessary institutional conditions for any gravitation by similar commodities to a single price level. We may contrast the narrowest definition of the market – as an institution through which multiple buyers or multiple sellers recurrently exchange rights to a substantial number of similar commodities of a particular type – with the much broader

You do not have access to this content

Geoffrey M. Hodgson

possible intermediate cases. However, such definitional difficulties are typical when dealing with highly varied phenomena and are commonplace in some other sciences, notably biology. Nevertheless, such distinctions are important. The difficulty of defining a species does not mean that species should not be defined. The operation of the law of one price is often taken as an indication of the existence of a market. Of course, imperfect information and quality 258 The Elgar companion to social economics variations can explain variations within a market from a single price

You do not have access to this content

Viktor J. Vanberg

individuals are free to choose and to enter into voluntary contracts with each other. Accordingly, the demand that within a market economy competition policy ought to secure the freedom to compete is equivalent to the demand to respect and protect the individual liberty that the respective private law order provides for. And this demand is, indeed, a categorical imperative once the constitutional choice in favor of a private law society with its market economy has been made. It is simply a matter of consistency, since it would be inconsistent to choose, at the

You do not have access to this content

Sebastian Strunz, Bartosz Bartkowski and Harry Schindler

the vast complexity of the  social phenomenon of money it is impossible to single out one theory  as sufficiently convincing. Yet despite this diversity of plausible views, the analysis provides a strong ‘meta-result’: the simplest propositions on the link between monetary variables and growth are, at the same time, the least compelling. Against this background, we discuss proposals for overcoming perceived monetary growth imperatives as potential obstacles for a sustainable economy. In particular, the analysis casts doubt on the merits of proposals such as interest

You do not have access to this content

Michelle Egan

liberalization and the rights of establishment and labor mobility, and the rights of collective action for the protection of workers, which would in effect partition the labor market and undermine the principle of non-discrimination which is essential to the governance of the single market. The functional imperatives of market integration to remove barriers have resulted in contradictions with other European fundamental rights, norms and objectives. Since different modes of economic governance—or varieties of capitalism—respond differently to the challenges of economic