The purpose of this study is to provide a theoretical economic framework for the analysis of the competition policy implemented by the European Economic Community (EEC). The fundamental objective is to demonstrate that the EEC's actual approach to regulating restrictive business practices can be related to a concept of competition that is relevant and adequate for the analysis and explanation of competition policy in the EEC. The thesis is that a strong theoretical relationship can be shown to exist between EEC business regulation and the conceptual parallels in the theories on competition of J.A. Schumpeter and J.M. Clark.
Raines, Patrick J. 1983. "Economic Foundations for the Competition Policy Implemented by the EEC." E.C.R.S.B. 83-6. Robins School of Business White Paper Series. University of Richmond, Richmond, Virginia.