ISSUES IN CIVIL LAW AND CIVIL PROCEDURE

Vol. 120 (2020)

The assumption of undertakings’ rationality as a rational assumption of lawmaker in the field of competition law — A problem outline

Pages: 393-403

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Abstract

The paper is dedicated to issues related to the extent and limits of the rational undertaking assumption by lawmakers and regulators in the sphere of competition law. The analysis covers the issue of interpretation of economic rationality, the ability of forecasting undertakings’ rational beha-viour and how drawing from economic acquis could translate into rational lawmaking.