Competition,
free markets and antitrust |
Jacob
Arfwedson
The
issue of competition is a sensitive one: more often than
not, the free market is accused of producing private “monopolies”
favouring dominant market positions and high prices. Microsoft
is a case in point: frequently lambasted as a bully, the
software giant has become the favourite prey of regulators,
politicians and anti-capitalists around the globe. The
accusations sometimes shift the angle of attack, but the
message is clear: this is a predator out of control and
government intervention is urgent.
The
European Commission did not need antiglobalist propaganda
to act. The report below details the fascinating story
of a “ready-made ruling”: the issue was not
whether Microsoft was guilty, only to what extent and
how much it should pay. We suggest the reader be the judge,
by reading the paper by Istituto Bruno Leoni (Turin, Italy)
and a number of other sources. Eurolibnetwork extends
its thanks to the authors for their permission to reprint
this important paper.
Antitrust
legislation in the United States and in the European Union
is increasingly impacting international economics. But
as our working paper suggests, antitrust regulators on
both sides of the Atlantic need to pay more heed to the
rule of law and not yield to the temptation of accusing
a corporation for its success based on its competitors’
wishes, without serious evidence to back up the charges.
We
encourage your comments and suggestions on other material
to make this research space more comprehensive and interesting.
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Free
Choice: A Way to Reform the French School System |
Sylvain
Charat
While
a real educational revolution occurs in numerous countries
in the world, the French state school system is still
centralized and gives no choice. Nevertheless, a recent
opinion study shows that 90% of Frenchmen wish to obtain
school choice for their children. An obvious step toward
a possible reform.
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