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The institutional framework for doing sports business: principles of EU competition policy in sports markets
Budzinski, Oliver - 2012
The competition rules and policy framework of the European Union represents an important institutional restriction for doing sports business. Driven by the courts, the 2007 overhaul of the approach and methodology has increased the scope of competition policy towards sports associations and...
Persistent link: https://www.econbiz.de/10009505624
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EMU and capital markets : the institutional framework
Gros, Daniel - 1998
This paper reviews the factors that will determine the shape of financial markets under EMU. It argues that financial markets will not be unified by the introduction of the euro. National central banks have a vested interest in preserving local idiosyncracies (e.g. the Wechsels in Germany) and...
Persistent link: https://www.econbiz.de/10009768844
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Are restrictions of competition by sports associations horizontal or vertical in nature?
Budzinski, Oliver; Szymanski, Stefan - 2014
In this paper, we discuss from an economic perspective two alternative views of restrictions of competition by sports associations. The horizontal approach views such restrictions as an agreement among the participants of a sports league with the sports association merely representing an...
Persistent link: https://www.econbiz.de/10010257231
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The competition economics of financial fair play
Budzinski, Oliver - 2014
This paper provides an economic analysis of the competition effects of UEFA's financial fair play regulations. It concludes that the restrictive effects of the break-even rule cannot be justified by a legitimate objective defense (according to European competition policy) because significant...
Persistent link: https://www.econbiz.de/10010257232
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Who needs foreign banks?
Gros, Daniel - 2003
10 countries from Central and Eastern Europe (CEEC) that will join the EU in 2004/7 the banking system is now dominated …
Persistent link: https://www.econbiz.de/10011508110
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The institutional framework for doing sports business : principles of EU competition policy in sports markets
Budzinski, Oliver - 2011
The competition rules and policy framework of the European Union represents an important institutional restriction for doing sports business. Driven by the courts, the 2007 overhaul of the approach and methodology has increased the scope of competition policy towards sports associations and...
Persistent link: https://www.econbiz.de/10008937451
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The structure of financial systems and macroeconomic instability
Gros, Daniel; Lannoo, Karel - In: EIB papers 4 (1999) 1, pp. 61-69
country in the EU. This is due to deeply-rooted structural differences in legal systems, development of markets and …-based forms of financing of investments by enterprises in the EU. Disintermediation, and institutionalisation of savings in … authorities would have reacted to something like the LTCM collapse in the EU is a good way to see the importance of these two …
Persistent link: https://www.econbiz.de/10011499203
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Who needs foreign banks?
Gros, Daniel (contributor) - 2002 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001715364
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Who needs foreign banks?
Gros, Daniel - 2003
10 countries from Central and Eastern Europe (CEEC) that will join the EU 2004/7 the banking system is now dominated by …
Persistent link: https://www.econbiz.de/10001807083
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The (Monetary) Value of Competitive Balance for Sport Consumers : A Stated Preferences Approach to European Professional Football
Pawlowski, Tim - 2012
Ever since the pioneering work of Rottenberg (1956) and Neale (1964), the uncertainty of outcome hypothesis (UOH) has played a major role in the economic analysis of professional sport leagues. However, decades of empirical research have not been successful in establishing clear evidence for the...
Persistent link: https://www.econbiz.de/10013099219