Abstract
The lecture starts with brief introduction into the ordoliberal school of economics and its competition law and policy ideas with particular focus on work of Franz Böhm (1895 - 1977) and Walter Eucken (1891 - 1950). Basic insight is provided into methodological ideas, particularly interdependence and the phenomena of economic / market power, which set ordoliberals apart from other schools of liberal economic thought.
The role of F. A.
Hayek in the development of the school is also briefly discussed. The school's competition ideas are then discussed with the regard to early European competition law, especially the Treaty of Paris (1951) and the Treaty of Rome (1957), where the influence of the school is most significant.
In later decades of 20th century, the ordoliberal influence gradually weakens in favour of other schools of antitrust / competition thought. particularly the Chicago or Brussels schools.