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Journals / Anadolu Üniversitesi Sosyal Bilimler Dergisi / 2019 / Cilt: 19 Sayı: 2

Political Economy of the EU Competition Policy

Hakan Cavlak
Pages
241–254
Publication Date
2019-06-17
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

It is argued, in this article, that the international power of the EU stemmed considerably from its competition policy which is integral in global political economy.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This article explores the effect of European Competition Policy as the means of the EU in global political economy.
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Key Findings & Data:It both helps to increase the chance of domestic producers to reach foreign markets and regulates foreign firms and their products within the single market.
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Conclusion & Impact:It is argued, in this article, that the international power of the EU stemmed considerably from its competition policy which is integral in global political economy.
🔬Design:Araştırma Makalesi
📍Scope:Comprehensive Sample
⚙️Variables:EU External Policy · International Relations · Liberalization

Özet

This article explores the effect of European Competition Policy as the means of the EU in global political economy. Competition policy can be identified as an important tool for the EU in its external relations. It both helps to increase the chance of domestic producers to reach foreign markets and regulates foreign firms and their products within the single market. Thus, the competition policy carries the EU up in the international political economy and helps the EU to be recognized as an international actor. Within the Single Market the EU exercise an exclusive power through competition policy. Externally, competition policy is one of the most effective international powers that EU exercises as it has the ability to regulate international mergers or even initiate cartel investigations. Alongside assessing the competition policy, this study focuses especially on some selected international cases of which the EU is a party through its competition law. It is argued, in this article, that the international power of the EU stemmed considerably from its competition policy which is integral in global political economy.

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Cite This Article

Cavlak, H. (2019). Political Economy of the EU Competition Policy. Anadolu Üniversitesi Sosyal Bilimler Dergisi, Cilt: 19 Sayı: 2, 241–254. https://doi.org/10.18037/ausbd.566792

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