COMPETITION POLICY IN THE EUROPEAN CONTEXT: EVOLUTIONS AND PERSPECTIVES

Knowledge of the stages within the establishment of national competition policy allows people to understand the current context and challenges that the state will have to answer. The present paper captures milestones in the history of competition policy's establishment and analyses selectively the contribution of this field at a macroeconomic level in an attempt to demonstrate that there is not a simple slogan "competition gives birth to welfare", but a long-term economic goal. This is the result of a long process with currently visible consequences.