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THE U.S. AND E.U. APPROACHES TO COMPETITION LAW–CONVERGENT OR DIVERGENT PATHS?

17 Colum. J. Eur. L. 101 (2010) Kfir Abutbul, J.D., Columbia Law School, 2010; LL. B., University College London, Faculty of Laws, 2010. The U.S.  and E.U  competition regulation regimes, or antitrust regulation, as the regime is known in the U.S.,  serve as the global leaders of competition compliance enforcement. Many of their developments percolate to other competition regulation regimes, and any cross-border transaction will usually require in depth knowledge of the enforcement regulations in either of these jurisdictions, if not both. Most importantly, international counsel must be able to assess enforcement trends and make a judgment on the efficiency of cross border enforcement in transactions that span markets. Local interests outside […]

AN E.U. PERSPECTIVE ON NEW VERSUS TRADITIONAL MINORITIES: ON SEMI-INCLUSIVE SOCIO-ECONOMIC INTEGRATION AND EXPANDING VISIONS OF “EUROPEAN” CULTURE AND IDENTITY

17 Colum. J. Eur. L. 57 (2010) Kristin Henrard, Professor of Minority Protection and Associate Professor of Constitutional Law and Human Rights at the Erasmus University of Rotterdam, the Netherlands. Notwithstanding the absence of an explicit minority policy for internal purposes, it is possible to identify the gradual emergence of a minority-conscious implementation of non-minority specific E.U.  policies (non-discrimination, social inclusion, integration, human rights, and cultural diversity). Nevertheless, this is not equally strong in all policy domains. It is argued here that a clear difference emerges between the approaches towards minorities, in particular towards new, immigrant minorities, in terms of  socioeconomic integration (the socio-economic sphere) on the one hand and in terms of […]

TUNNELING: THE EFFECT-AND THE CA USE-OF BAD CORPORATE LAW

17 Colum. J. Eur. L. 23 (2010) Tomas Richter, Of Counsel, Clifford Chance LLP, Prague; Lecturer, Institute of Economic Studies, Faculty of Social Sciences, Charles University, Prague. Between the years 1996  and 2006,  the Czech parliament and supreme court, in an attempt to protect shareholders from the consummation of private benefits of control, essentially shifted the agency costs embedded in internal governance of corporations from the corporations’ outside shareholders to the corporations’ counterparties. In this article, I hypothesize that this idiosyncratic outcome came about as an ill-considered, knee-jerk reaction to the asset-stripping excesses, often dubbed “tunneling,” that resulted from the country’s voucher privatization scheme in the early 1990s. To test the hypothesis, I compare-against […]

EMBEDDING EMPLOYMENT RIGHTS IN EUROPE

17 Colum. J. Eur. L. 1 (2010) Franck Lecomte, Teaching Fellow, Labour Studies Institute, Lyon, France; Ph. D. Candidate, European University Institute, Florence, Italy. The most recent European employment law saga arising from Viking, Laval,  and subsequent decisions has commonly been understood as perpetuating the infiltration of economic provisions into labor legislation. It has also been asserted, however, that these cases contain contradictory arguments, which offer a multifaceted narrative. The new construction ofArticle 151 TFEU (ex Article 136 EC)  is of particular interest. Considered to be the cornerstone of European employment policy, this provision had generally been regarded as programmatic. During the past few years, however, it has progressively metamorphosed into a substantive rule […]

THE SINGLE PAYMENTS AREA IN EUROPE

16 Colum. J. Eur. L. 321 (2010) Agnieszka Janczuk, LLM, PhD Candidate, European University Institute. Recent legislative developments in the field of payment services in the European Union aim at building a uniform European payments market. The creation of an internal market for payments has been the result of both industry self-regulation and public regulation. The Payment Services Directive (PSD) and Regulation 924/2009 support and complement the private regulatory regime developed by the banking sector’s European Payments Council, the Single Euro Payments Area (SEPA). The PSD provides a legal framework for SEPA by harmonizing certain core payments provisions, while Regulation 924/2009 substantially enabled the launch of SEPA Direct Debit by laying down the […]

CASES C-573/07, SEA & C-206/08, EURAWASSER

16 Colum. J. Eur. L. 303 (2010) Marco Amorese, Ph.D., UniversitA degli Studi di Brescia, LL.M. Harvard Law School, J.D. University of Milan, Studio legale Amorese. In the cases in comment, the European Court of Justice tries to clarify two crucial concepts in the area of services of general interest: (a) the definition of concession and (b) the scope of the “in-house” exception. The strict definition so far formulated has prompted local bodies to create very complex and inefficient corporate governances in companies awarded services of general interest. The European Court of Justice seems to have taken a more permissive tack that should give local bodies more ample maneuvering power in operating […]

A TROUBLED PATH TO PRIVATE PROPERTY: AGRICULTURAL LAND LAW IN RUSSIA

16 Colum. J. Eur. L. 261 (2010) Ira Lindsay When the Soviet Union collapsed, many observers hoped that decollectivization would improve the infamously inefficient Soviet agricultural sector and raise collective farm workers out of poverty. The initial results of market reform in Russian agriculture were a severe disappointment in both respects. Under Putin, Russia finally allowed agricultural land to be bought and sold. The effects of this latest reform neither met the expectations of its supporters nor realized the fears of its opponents. Russia’s experience with land reform suggests that while private ownership of farmland may offer significant advantages, successful land reform requires much more than the creation of legal rights. This Article […]

REEVALUATING THE EVIDENCE FOR ANTICOMMONS IN TRANSITION RUSSIA

16 Colum. J. Eur. L. 233 (2010) Brian Sawers, J.D., Harvard; A.B., Duke. Heller explains the underperformance and informality of retail in transition Russia as the consequence of botched privatization. He calls this outcome anticommons: too many people hold a veto, leading to underuse. Heller argues that the existence of too many overlapping property rights prevents entrepreneurs from opening brick-and-mortar shops in Russia. The ubiquity of kiosks, however, is better explained by other factors. Kiosks are smaller investments than storefronts, hence their ubiquity in a credit-constrained environment. In addition, taxes, corruption, organized crime, and favor-exchange networks all discourage scale. Retail is informal in Russia for the same reasons it is informal in other […]

ARTICLE 28 E.C. AND RULES ON USE: A STEP TOWARDS A WORKABLE DOCTRINE ON MEASURES HAVING EQUIVALENT EFFECT TO QUANTITATIVE RESTRICTIONS

16 Colum. J. Eur. L. 191 (2010) Mattias Derlin & Johan Lindholm, Doctors of Law and Senior Lecturers in Law at Umea University, Sweden In June 2009 the European Court of Justice (E.C.J) decided the Mickelsson case (C-142/05). Mickelsson concerns the application of the (in)famous Article 28 E.C. prohibiting practical obstacles to the free movement of goods within the European Union. The meaning of Article 28 is notoriously vague and has given rise to extensive case law. Mickelsson brings attention to a little discussed dimension of Article 28 E. C.: the fact that rules on use (i.e. national measures regulating how, when, and by whom goods can be used) can constitute practical […]

A LOVE-HATE RELATIONSHIP: FRANCE AND EUROPEAN LAW

16 Colum. J. Eur. L. 171 (2010) David Marrani, Lecturer in public and comparative law, School of Law, University of Essex. It was with great hope and spirit that the French Presidency of the Council of the European Union began in 2008. The French President was extremely proud to add to his many titles that of President of the European Council. In the welcome message posted on the French Presidency’s official website, it was made clear that France wanted “to be back in Europe. ” That said, communication between the French Republic and the European Institutions has not always been forthright, and these tumultuous relationships have been especially difficult in the […]

A BULLETPROOF VEST FOR THE COMMISSION? ASSESSING THE C.F.I.’S JUDGMENT IN MYTRAVEL GROUP V COMMISSION

16 Colum. J. Eur. L. 131 (2009) Casey W. Halladay, B.A. (Hons.), M.A., LL.B., LL.M., ofthe Bars of England and Wales, New York, and Ontario. Partner, Studio Legale Amorese, Bergamo, Italy and London, U.K. In an important clarification of the rights of merger parties and the responsibilities of the European Commission (“the Commission “) in merger review under the E.C. Merger Regulation (E.C.M.R.), the European Court of First Instance (C. F. I.) recently released its decision in MyTravel Group v. Commission. At issue in MyTravel was the Commission’s potential liability to merger parties under Article 288 E.C. Treaty for errors committed in reviewing a merger notified under the E.C.M.R. MyTravel represents an […]

THE CONFLICTS BETWEEN E.U. COLLECTING SOCIETIES & E.C. COMPETITION LAW

16 Colum. J. Eur. L. 121 (2009) Krishan Thakker, Columbia Law School/King’s College London, J.D./LL.B. Candidate, Class of 2010. This Note examines the monopolistic nature of the conduct of collecting societies within the E. U. and how developments in E.C. competition law are rendering previously lawful conduct unlawful. It also analyzes the changes in the role of collecting societies in light of the developments in online music distribution and digital rights management. The conflict between collecting societies within the European Union, European Community competition law, and copyright law as it relates to musical works has recently become a controversial area of increasing dominance in legal processes. E. C. competition law has dealt […]

RELIGION AS A BASIS OF LAW IN THE PUBLIC ORDER OF THE EUROPEAN UNION

16 Colum. J. Eur. L. 81 (2009) Ronan McCrea, Référendaire (judicial clerk), European Court of Justice This Article examines the use, and limitations on the use, of religion as a source of law in the legal order of the European Union. It reveals how religion is recognized by the Union as an element of its constitutional values but how, at the same time, this role is balanced by the recognition of potentially competing humanist and cultural influences. Similarly, although E.U. law recognizes the particular contribution of religious bodies in the areas of law and policy-making, it also preserves a balance between the religious and secular humanist elements of the Union’s ethical inheritance […]

THE FUTURE DIRECTION OF THE E.U. INTERNAL MARKET: ON VESTED VALUES AND FASHIONABLE MODERNISM

16 Colum. J. Eur. L. 67 (2009) Inge Govaere, Professor of Eur. Law, Ghent Univ. and Dir. of the Eur. Legal Studies Dep’t, College of Eur. in Brussels The pending Lisbon Reform Treaty and the 2007 Internal Market Modernization Package both raise new questions with respect to the future direction to be taken by E.U. internal market law. This Article scrutinizes the most likely changes in approach and recalls the core principles of the internal market concept as it has evolved over time. Attention is paid in particular to the potential impact of the current internal market modernization process on other related and potentially conflicting policies, such as social, environmental, […]

GERMANY’S LIFE PARTNERSHIPS: SEPARATE AND UNEQUAL?

16 Colum. J. Eur. L. 37 (2009) Mathias Möschel, PhD Candidate, European University Institute (Florence) In Maruko v. Versorgungsanstalt der deutschen Bohnen, the European Court of Justice (E. C.J)  handed down its first holding on sexual orientation discrimination which has been hailed as a victory for gay rights. However, only a month later, by stating that life partnerships and marriage are not comparable situations, the German Federal Constitutional Court (BVerfG) exposed the limitations inherent in the Maruko  case. This Article will show how reluctant the German judiciary has been until very recently to extend the rights inherent in marriage under German law to same-sex life partners, thereby disregarding the fact that nowadays the […]

THE POLITICAL ECONOMY OF CROSS-BORDER VOTING IN EUROPE

16 Colum. J. Eur. L. 1 (2009) Michael C. Schouten, Visiting Research Fellow, Columbia Law School; Teaching Fellow, Duisenberg School of Finance; Ph.D candidate, University of Amsterdam. The important role of shareholder voting in the corporate governance of European public firms, coupled with the dramatic increase in cross-border share ownership, underscores the need for a system that facilitates cross-border voting. European policynakers recognize this, yet they seem reluctant to push through the reforms necessary to put such a system in place. As a result, the status quo has prevailed so far. To explain this paradox, this Article analyzes the legislative process surrounding recent European legislation aimed at facilitating cross-border voting. The analysis suggests […]

CAVEATS FROM KARLSRUHE AND BERLIN: WHITHER DEMOCRACY AFTER LISBON?

16 Colum. J. Eur. L. 337 (2010) Jancic Davor. PhD candidate, Institute of Constitutional and Administrative Law, Utrecht University, theNetherlands. This Article was finalized while I was a visiting researcher at the Department of Law of theLondon School of Economics and Political Science in 2009. This Article analyzes the evolution of the reasoning about E.U. democracy that the German Federal Constitutional Court (BVerfG) has been shaping starting with the Solange I and II, Maastricht, and European Arrest Warrant cases and culminating with the Lisbon Treaty case. The BVerfG’s reasoning has often taken the form of caveats, whereby the BVerfG “warned” the European Union of its assessments […]

ADDING BITE TO A BARK: THE STORY OF ARTICLE 7, E.U. ENLARGEMENT, AND JÖRG HAIDER

16 Colum. J. Eur. L. 385 (2010) Wojciech Sadurski. Challis Professor of Jurisprudence at the University of Sydney, Faculty of Law. My great thanks to Dr. Karine Caunes for her excellent research. The Article 7 mechanism of the Treaty on European Union fills a gap in the Union’s approach to human rights protection by setting up a system of early warning about the risk of breaches of rights in a Member State, and of sanctions in the event of a determination that such breaches have occurred. This Article traces the history of the discussions and decisions that have incorporated this mechanism into the TEU system and […]