By Maarten Pieter Schinkel & Leonard Treuren (University of Amsterdam)
The green antitrust movement aims to increase sustainability efforts by relaxing competition. Yet the economic evidence so far points to more, not less, competition as the right stimulus for inducing sustainability efforts. However well-intended, green antitrust risks damaging both competition and the environment. It will overburden competition authorities, invite abusive cartel greenwashing, and offer public authorities that should promote sustainability through government regulation further excuses to shun taking their responsibility.
