ABSTRACT

The competition law system has to be the framework for the other parts of the legal system, such as corporate law and labour law. According to Eucken W, the whole context that is "interdependence" of all economic facts must be taken into consideration in all decisions concerning economic policy. Improvements in the legal framework must include corporate law; stock companies must have no voting rights in other companies, even if they hold shares in them. Neoliberals call for the reduction of patent protection. Since the 1920s and 1930s, German ordo-liberals and Austrian neoliberals had developed the foundations of competition law. In 1951, the Treaty of the European Coal and Steel Community (ECSC) established the first supra-national competition law in Europe. These original core ideas spread from Germany and Austria and formed part of the common European concept of competition law in the 1920s, a concept which would be enacted into law in the decades following World War II.