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Enhanced Roles of Private Actors in EU Business Regulation and the Erosion of Rhenish Capitalism: the Case of Antitrust Enforcement
Author(s) -
WIGGER ANGELA,
NÖLKE ANDREAS
Publication year - 2007
Publication title -
jcms: journal of common market studies
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.54
H-Index - 90
eISSN - 1468-5965
pISSN - 0021-9886
DOI - 10.1111/j.1468-5965.2007.00719.x
Subject(s) - enforcement , capitalism , competition (biology) , variety (cybernetics) , market economy , business , economics , political science , law , politics , ecology , artificial intelligence , computer science , biology
The 2004 antitrust reform is the most important change in the history of EU competition policy. It amounts to a major shift in both the mode of regulation (towards private enforcement) and the substance (towards the Anglo‐Saxon model). These changes erode crucial elements of the Rhenish variety of economic organization.