The COVID-19 Opportunity: Could Competition Law Measures Implemented During COVID-19 Be Adapted to Fight the Climate Crisis?
(2021) JAEM03 20211Department of Law
Faculty of Law
- Abstract
- The current COVID-19 pandemic has confused markets and economies, leading competition authorities around the world to consider how to apply competition law in these exceptional circumstances. Competition authorities have introduced tools that have not previously been used in competition law and have succeeded in providing companies with prompt advice in cases of extreme urgency. The COVID-19 crisis has shown that competition law is a flexible tool that can adapt to extraordinary circumstances and promote the achievement of the best solution for the market and society.
In the midst of the pandemic, we are also experiencing another kind of crisis, namely the climate crisis and the urgent demand for sustainable solutions has not... (More) - The current COVID-19 pandemic has confused markets and economies, leading competition authorities around the world to consider how to apply competition law in these exceptional circumstances. Competition authorities have introduced tools that have not previously been used in competition law and have succeeded in providing companies with prompt advice in cases of extreme urgency. The COVID-19 crisis has shown that competition law is a flexible tool that can adapt to extraordinary circumstances and promote the achievement of the best solution for the market and society.
In the midst of the pandemic, we are also experiencing another kind of crisis, namely the climate crisis and the urgent demand for sustainable solutions has not disappeared. The approach of competition law to global warming has been under discussion for some time. In the autumn of 2020, the European Commission issued a call for contributions. The call for contributions aimed to consult academia, practitioners, and companies on how sustainability and environmental considerations should be taken into account in competition law and its enforcement. It is clear, therefore, that many competition authorities (including the European Commission) are willing to clarify the question concerning how cooperation on sustainable development should be assessed under competition law and what the legislative tool should be utilised.
One way to address the climate crisis could be to make use of the legislative tools introduced during COVID-19 and also to use them to address the climate crisis. The paper considers the actions of different competition authorities during the pandemic, what legislative tool has been used to approach and combat the COVID-19 crisis, and what possible challenges are involved so that the lessons learned during the pandemic could serve the combat against climate change. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9066976
- author
- Joutsi, Anna LU
- supervisor
- organization
- course
- JAEM03 20211
- year
- 2021
- type
- H2 - Master's Degree (Two Years)
- subject
- keywords
- Competition law, TFEU 101, COVID-19, sustainability
- language
- English
- id
- 9066976
- date added to LUP
- 2021-12-03 11:09:24
- date last changed
- 2021-12-03 11:09:24
@misc{9066976, abstract = {{The current COVID-19 pandemic has confused markets and economies, leading competition authorities around the world to consider how to apply competition law in these exceptional circumstances. Competition authorities have introduced tools that have not previously been used in competition law and have succeeded in providing companies with prompt advice in cases of extreme urgency. The COVID-19 crisis has shown that competition law is a flexible tool that can adapt to extraordinary circumstances and promote the achievement of the best solution for the market and society. In the midst of the pandemic, we are also experiencing another kind of crisis, namely the climate crisis and the urgent demand for sustainable solutions has not disappeared. The approach of competition law to global warming has been under discussion for some time. In the autumn of 2020, the European Commission issued a call for contributions. The call for contributions aimed to consult academia, practitioners, and companies on how sustainability and environmental considerations should be taken into account in competition law and its enforcement. It is clear, therefore, that many competition authorities (including the European Commission) are willing to clarify the question concerning how cooperation on sustainable development should be assessed under competition law and what the legislative tool should be utilised. One way to address the climate crisis could be to make use of the legislative tools introduced during COVID-19 and also to use them to address the climate crisis. The paper considers the actions of different competition authorities during the pandemic, what legislative tool has been used to approach and combat the COVID-19 crisis, and what possible challenges are involved so that the lessons learned during the pandemic could serve the combat against climate change.}}, author = {{Joutsi, Anna}}, language = {{eng}}, note = {{Student Paper}}, title = {{The COVID-19 Opportunity: Could Competition Law Measures Implemented During COVID-19 Be Adapted to Fight the Climate Crisis?}}, year = {{2021}}, }