scholarly journals The role of market power in economic growth: an analysis of the differences between EU and US competition policy theory, practice and outcomes

2016 ◽  
Vol 5 (1) ◽  
pp. 5 ◽  
Author(s):  
Stephane Ciriani ◽  
Marc Lebourges

The European Union has experienced weak economic performance over the past 15 years, compared to the United States. In order to restore investment, innovation, and therefore growth, the European Commission seeks to raise the level of static competition in all markets. The Commission’s economic policy is largely determined by its competition policy. This policy is derived from its doctrine on competition law, which regards the exercise of market power as a source of inefficiency and advocates that its effects should be banned. By contrast, the United States competition authorities, under the influence of the Chicago School, consider that market power is a necessary incentive to invest and a fair return on investment. Recent findings in economic growth theory, which state that increased competition intensity may harm endogenous innovation, provide a theoretical basis to support the United States approach and call for a review of European doctrine.

2021 ◽  
Vol 28 (2) ◽  
pp. 139-155
Author(s):  
Łucja Kobroń-Gąsiorowska

Corruption, harassment in a workplace, practices contrary to the correct work process, and many others are irregularities that can arise in any enterprise. This is a problem that affects established democracies and free markets and post-communist countries that are transitioning to democracy and market economies. While the causes of irregularities vary, the tools often suggested tackling them include that do not necessarily encourage potential whistleblowers to report them, whether inside or outside the organization. This article discusses the role of whistleblowing as a whistle­blowing tool. Describes the law and whistleblowing in a comparative context, focusing on the United States and the European Union. The article then concludes with recommendations for strengthening whistleblowing in Europe, where reporting irregularities is just beginning, and the level of protection differs between the Member States.


Author(s):  
Simon R. Bush ◽  
Cathy A. Roheim

Seafood has emerged as a key testing ground for understanding the role of different value chain actors in driving sustainability. The conventional view, developed in the late 1990s, is that sustainable seafood is driven by the choices and practices of consumers in major importing markets, such as the United States and the European Union. This view led to the development of a range of boycott and buycott initiatives in the 2000s. Many of the buycott initiatives have been formalised into consumer-facing tools, such as certification, recommendation lists, and traceability. More recently celebrity chefs have also joined in, shaping sustainable seafood as cuisine. While these initiatives and tools initially assumed a demand-shapes-supply mode of political consumerism, they have all broadened to include multiple modes of political consumerism. The future of the sustainable seafood movement is therefore dependent on a clearer articulation of diverse modes of political consumerism.


Author(s):  
Peter Shields

ICT-related initiatives have dominated the border security strategies of the United States and the European Union in recent years. One set of surveillance systems fortifies the borderline. Another set is creating new frontiers away from the traditional boundary. The objectives of this chapter are to provide a detailed mapping and critical assessment of this two-pronged approach. With respect to the assessment, two arguments are made. First, there are good reasons to believe the approach is not enabling the authorities to deter identified border threats. Second, the approach is contributing to a border management regime that is having an increasingly divergent impact on the mobility and life chances of different groups and populations. In conclusion, it is suggested the inefficacy of the approach is due to contradictions and blind spots embedded in policy maker’s approaches to security issues. Remarks are offered as to why US and EU decision makers emphasize the role of ICTs as they seek to reconstitute their respective borders.


Author(s):  
Carson H. Varner ◽  
Katrin C. Varner

This paper examines developing issues and attitudes that unite and divide the United States and the European Union as the discussion and regulation of agriculture evolves. While some terms, such as “organic,” are defined in law in both the United States and European Union, the increasingly used “sustainability” is an evolving concept. The main sustainability issue is how to provide food and fiber for a rapidly growing world population. In this context, the role of biotechnology is questioned. Americans tend to favor what are sometimes called genetically modified crops, while Europeans remain cautious. Europeans lean more toward organic farming, while Americans assert that much of the world will starve if organic methods are required. This paper reviews the directions that the discussion of these issues is taking and will show areas of agreement and where the two sides diverge.


2017 ◽  
Vol 12 (4) ◽  
pp. 257-282 ◽  
Author(s):  
Mai’a K. Davis Cross ◽  
Teresa La Porte

A resilient actor is one with the capacity to recover from setbacks and obstacles, whether stemming from endogenous or exogenous factors. Beyond actual recovery, this article argues that there is also an important perceptional dimension. Image resilience is the capacity on the part of actors to overcome and deal with the widespread negative perceptions that often follow on the heels of these setbacks. The article argues that the ability to cultivate image resilience rests significantly on the power of public diplomacy. Through establishing a strong image for an actor over the longer term, public diplomacy enables that actor to be more resilient during times of crisis. The European Union is a particularly good case study to shed light on this. Using original interview evidence, this article examines a specific example of how the European Union was ultimately able to strengthen its image resilience in the United States through public diplomacy.


2009 ◽  
Vol 11 (3) ◽  
pp. 1-22 ◽  
Author(s):  
Jeffrey J. Schott

Over the last 60 years, the multilateral management of trade through the GATT and subsequently through the WTO has been led by the United States and Europe. Since the turn of the new millennium, however, developing countries have increasingly used their leverage to insist that talks on agriculture receive priority attention, deny the inclusion of investment and competition policy on the negotiating agenda, and block agreement on negotiating modalities for agriculture and non-agricultural market access (NAMA). Cooperation between the United States and the European Union is still essential, but no longer sufficient, for successful multilateral negotiations. Specifically, the “BRICKs” (Brazil, Russia, India, China, and Korea) are likely to be pivotal in directing the course and contributing to the success or failure of the WTO.


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