Competition

Competition is an intriguing and worrisome concept, sometimes perceived as a healthy emulation and sometimes as a form of Darwinism. Economic analysis provides a useful and rigorous guide to overcoming these oversimplified views by showing that competition is a mechanism for eliminating unjustified rents. This book presents the two main economic visions of competition (competition as a state versus as a process), but also its microeconomic and macroeconomic effects (notably on productivity and employment), the obstacles to its effectiveness, and the policies for opening up and regulating competition.

Foreword by Laurence Boone, Secretary of State for European Affairs.
Emmanuel Combe is a former student at the École normale supérieure (LSH). He obtained a Ph.D. in economics from the University of Paris 1 Panthéon-Sorbonne. He is full professor at the University of Paris 1 Panthéon-Sorbonne and Skema Business School. From 2012 to 2022, he has been Vice President of the French Competition Authority. As a specialist in cartels, competition policy, antitrust, and new business models, he is the author of numerous books on these subjects, including La politique de la concurrence (3nd ed., La Découverte, 2016), Le low cost (2nd ed., La Découverte, 2017), Petit manuel (irrévérencieux) d'économie (Concurrences, 2018), Économie et politique de la concurrence (2nd ed., Dalloz, 2020), Competition Policy: An Empirical and Economic Approach (Wolters Kluwer, 2021), Chroniques (décalées) d'un économiste (Concurrences, Prix lycéen “Lire L'Économie” 2022).