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Competition and the unfinished revolution: a new book by Alberto Pera and Marco Cecchini

"The unfinished revolution" by Alberto Pera, first secretary of the Antitrust, and Marco Cecchini critically recounts the history of the Competition and Market Authority, in an attempt to establish whether the main objectives of the antitrust law have been achieved and which ones are the difficulties that the Authority still has to face

Competition and the unfinished revolution: a new book by Alberto Pera and Marco Cecchini

When it was established twenty-five years ago the antitrust law two objectives were set: to establish market discipline through a series of rules aimed at avoiding cartels and to stimulate politics to broaden the scope of competition to facilitate entry into the market for new companies.

Starting from the assumption that the protection and promotion of competition favor the growth of the economy and must be the driving force behind the exit from the crisis, "The Unfinished Revolution" critically tells the story of the Antitrust Authority, with the intention of offering ideas that help to understand the current reality, which has not always evolved in step with expectations.

From the point of view of two insiders, the authors analyze how the role of the Antitrust has been interpreted by the five presidents who have succeeded one another since 1990 - Saja, Amato, Tesauro, Catricalà and Pitruzzella - with regard to the two objectives principles of the law and with the conviction that the effective application of the law is the daughter of the functioning of institutions, but that the latter ultimately depends on the conduct of men.

Albert Pera, lawyer and economist, as adviser to two industry ministers he participated in the drafting of the first Italian antitrust law. Economist at the International Monetary Fund and IRI chief economist, from 1990 to 2000 he was the first secretary general of the Authority, with Saja, Amato and Tesauro. In 2001 he founded the antitrust department of one of the main Italian law firms.

Marco Cecchini, economist, worked at the Comit research office and then became an economic journalist and correspondent for 'Corriere della Sera'. He was head of the press office of the Ministry of the Economy and head of external relations of the Institute for Insurance Supervision.

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