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According to the traditional 'optimum currency area' approach, not much will be lost from a very hard peg to a currency union if there has been little reason for variations in the exchange rate. This paper takes a different approach and highlights the fact that high exchange rate volatility may...
Persistent link: https://www.econbiz.de/10001807317
EU permits some flexibility with less restrictive remedies, we conceptually advance the design elements of a dual …
Persistent link: https://www.econbiz.de/10014376055
Roughly during the last decade, European Competition Policy has undergone a series of fundamental changes. All four areas - cartel policy, merger policy, abuse control, and state aid control - have been subject to a modernization process, which led to a focus on analysing the effects of...
Persistent link: https://www.econbiz.de/10009671551
reforms have not yet taken hold. The EU-led macroeconomic adjustment programmes outside the euro area (e.g. Latvia) seem to …
Persistent link: https://www.econbiz.de/10010484332
Persistent link: https://www.econbiz.de/10003405421
According to the traditional 'optimum currency area' approach, not much will be lost from a very hard peg to a currency union if there has been little reason for variations in the exchange rate. This paper takes a different approach and highlights the fact that high exchange rate volatility may...
Persistent link: https://www.econbiz.de/10011509536
The controversy around the breakaway European Super League, set to conquer the UEFA Champions League, and the surrounding antitrust proceedings revive the academic discussion about the monopoly power of sport-internal governing bodies (like the UEFA), the justification for and limits of their...
Persistent link: https://www.econbiz.de/10013367751
Persistent link: https://www.econbiz.de/10013439504
In this paper, we comment on the debate about guidelines for Art. 102 TFEU in the face of the challenges brought by digital ecosystems and abuse of dominance in related markets. We take the perspective of dynamic competition economics and derive four recommendations for the future enforcement of...
Persistent link: https://www.econbiz.de/10014512364
eine ökonomische Einschätzung des umfangreichen Gutachtens zu „Wettbewerb und Nachhaltigkeit in Deutschland und der EU …
Persistent link: https://www.econbiz.de/10014307293