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Competition law

Nowag, Julian LU orcid and Cheng, Thomas K (2026) p.359-376
Abstract
This chapter examines the intersection of antitrust/competition law and climate change. It aims to strike a balance between antitrust purists, who emphasise economic efficiency and consumer welfare, and climate advocates, who underscore the profound challenges confronting humanity. It argues that antitrust’s consumer welfare standard can be adapted to accommodate climate change sustainability concerns without sacrificing its core principles. The chapter examines the legal frameworks in the EU and the US and focuses on antitrust enforcement against cartels and other forms of anti-competitive collective action. It shows how antitrust enforcement can support climate objectives and how action against cartels can contribute to advancing climate... (More)
This chapter examines the intersection of antitrust/competition law and climate change. It aims to strike a balance between antitrust purists, who emphasise economic efficiency and consumer welfare, and climate advocates, who underscore the profound challenges confronting humanity. It argues that antitrust’s consumer welfare standard can be adapted to accommodate climate change sustainability concerns without sacrificing its core principles. The chapter examines the legal frameworks in the EU and the US and focuses on antitrust enforcement against cartels and other forms of anti-competitive collective action. It shows how antitrust enforcement can support climate objectives and how action against cartels can contribute to advancing climate goals. The chapter then examines collaborative private initiatives designed to tackle climate change, emphasising that many such joint actions may not fall within the purview of antitrust prohibitions. Additionally, it explores how climate-focused standard-setting can generate procompetitive benefits and is often treated more favourably under antitrust law. Lastly, it addresses the vexed question of agreements that restrict competition and how climate benefits could be balanced under Article 101(3) of the Treaty on the Functioning of European Union (TFEU) or the US’s Rule of Reason without sacrificing the consumer welfare standard. Overall, the chapter advocates for a nuanced approach that reconciles antitrust enforcement with climate change efforts, recognising that addressing climate change is too critical a matter to ignore in competition law. (Less)
Please use this url to cite or link to this publication:
author
and
organization
publishing date
type
Chapter in Book/Report/Conference proceeding
publication status
published
subject
keywords
Environmental law, Miljörätt
host publication
The Oxford Handbook of Climate Change and Private Law
pages
18 pages
publisher
Oxford University Press
ISBN
9780197809198
9780197809167
DOI
10.1093/9780197809198.003.0021
language
English
LU publication?
yes
id
e5d1fc92-3896-42b0-8498-e619ee7d4708
date added to LUP
2026-09-29 16:05:54
date last changed
2026-10-01 02:48:46
@inbook{e5d1fc92-3896-42b0-8498-e619ee7d4708,
  abstract     = {{This chapter examines the intersection of antitrust/competition law and climate change. It aims to strike a balance between antitrust purists, who emphasise economic efficiency and consumer welfare, and climate advocates, who underscore the profound challenges confronting humanity. It argues that antitrust’s consumer welfare standard can be adapted to accommodate climate change sustainability concerns without sacrificing its core principles. The chapter examines the legal frameworks in the EU and the US and focuses on antitrust enforcement against cartels and other forms of anti-competitive collective action. It shows how antitrust enforcement can support climate objectives and how action against cartels can contribute to advancing climate goals. The chapter then examines collaborative private initiatives designed to tackle climate change, emphasising that many such joint actions may not fall within the purview of antitrust prohibitions. Additionally, it explores how climate-focused standard-setting can generate procompetitive benefits and is often treated more favourably under antitrust law. Lastly, it addresses the vexed question of agreements that restrict competition and how climate benefits could be balanced under Article 101(3) of the Treaty on the Functioning of European Union (TFEU) or the US’s Rule of Reason without sacrificing the consumer welfare standard. Overall, the chapter advocates for a nuanced approach that reconciles antitrust enforcement with climate change efforts, recognising that addressing climate change is too critical a matter to ignore in competition law.}},
  author       = {{Nowag, Julian and Cheng, Thomas K}},
  booktitle    = {{The Oxford Handbook of Climate Change and Private Law}},
  isbn         = {{9780197809198}},
  keywords     = {{Environmental law; Miljörätt}},
  language     = {{eng}},
  pages        = {{359--376}},
  publisher    = {{Oxford University Press}},
  title        = {{Competition law}},
  url          = {{http://dx.doi.org/10.1093/9780197809198.003.0021}},
  doi          = {{10.1093/9780197809198.003.0021}},
  year         = {{2026}},
}