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A “Statute of the Firm” as an antitrust law during the Seventies. Guido Carli’s chairmanship of the Italian Industrial Association (Confindustria)

Dafano, Alessandro (2016): A “Statute of the Firm” as an antitrust law during the Seventies. Guido Carli’s chairmanship of the Italian Industrial Association (Confindustria).

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Abstract

This paper aims to highlight a newsworthy initiative built up by the Italian Industrial Association which tried to give the Italian economy a forerunner “competition law”; however, in the Seventies Italy proved incapable of tying itself with rules of conduct, which were substituted, empowering an “external constraint”. We will firstly provide an economic and historical-institutional framework of that period; we will then describe the making and the contents of the “Statute of the Firm”, together with a critical analysis on it; finally, we will report some critics around the debate on this proposal, and why the Statute was rejected by entrepreneurs themselves.

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