In McDonald v. Johnson & Johnson,the Court of Appeals for the Eighth Circuit concluded that the plaintiffs had voluntarily withdrawn from competition in the pain control market and thus were not within the class of persons entitled to sue for treble damages. The plaintiffs, however, did not...

Over the past three decades, antitrust laws have proliferated across the globe. International institutions and governments have promoted antitrust policy as an important regulatory tool to enhance economic performance. At the same time, we have scant empirical evidence on whether these policies...

Die Mehrheit der Onlineplattformen verfügt heute über Bewertungssysteme, die es Nutzerinnen und Nutzern ermöglichen, ihre eigenen Erfahrungen mit Produkten und Dienstleistungen zu teilen und sich über jene anderer Nutzerinnen und Nutzer zu informieren. Die Existenz eines solchen...

This comment addresses the opinion of the Advocate General (AG) of the European Court of Justice on the pending case European Super League versus UEFA/FIFA. It takes a critical perspective on selected aspects of the opinion’s reasoning from a (sports) economics perspective. Highlighting the...

This paper examines Wagner hypothesis of the growth of public expenditure alongside the growth of economic activity for a panel of 28 European economies during the 1995-2018 period. The hypothesis is verified using Pesaran (2007) panel unit root and Westerlund (2007) cointegration tests that...

Surveys of cartel proceedings reveal that illegal cartels usually (1) attempt to minimize the risk of detection, (2) achieve merely imperfect levels of collusion, (3) compete against some fringe firms, and (4) adjust to market entries and exits. By contrast, existing oligopoly models of...