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Published in:
The New Age of Populism: Reapproaching a Diffuse Concept Read chapter Read first chapter

2022 | OriginalPaper | Chapter

13. Populism and the Economics of Antitrust

Author : Aurelien Portuese

Published in: The Palgrave Handbook of Populism

Publisher: Springer International Publishing

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Abstract

Economic populism is multi-faceted but includes, as one of its essential facets, antitrust populism which stands for the populist use of competition rules and enforcement for politically-motivated reasons. Why is antitrust important for the understanding of populism? Reversely, why is populism an unavoidable feature which helps us better understanding the development of antitrust enforcement in the US and also helps us shedding insightful lights onto the European competition practice? Delving into the intricacies of populism, economics and antitrust shall help us better grasp the important relationship, yet overlooked, between the populism and antitrust. In this Chapter, I will discuss the extent to which political and economic populisms are intertwined (I), and the extent to which the general characteristics of economic populism (II) are illustrated in the current antitrust populism (III). Then, I demonstrate the risks entailed by the revival of antitrust populism, particularly on institutional structures and weakening of internal checks. I finally assess the legitimacy of the relationship between unfair competition and trade (IV). Antitrust populism appears to have fundamentally shaped antitrust history and is predicted to persist in its influence in enforcing antitrust and in fueling general (economic) populism in societies.

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previous chapter The (Almost) Forgotten Elitist Sources of Right-Wing Populism Kaltenbrunner, Höcke and the Distaste for the Masses
next chapter The Red Herring of Economic Populism
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Metadata
Title
Populism and the Economics of Antitrust
Author
Aurelien Portuese
Copyright Year
2022
Book
The Palgrave Handbook of Populism

Print ISBN: 978-3-030-80802-0

Electronic ISBN: 978-3-030-80803-7

Copyright Year: 2022

DOI
https://doi.org/10.1007/978-3-030-80803-7_13