This paper studies competition in prices and opening hours in a model with free entry. It is shown that under free competition a market failure arises: Entry is excessive and opening hours are under-provided. Restrictions on opening hours aggravate this failure. I analyze the impact of a...

Aldi, the biggest discounter in Germany, started to systematically extend shopping hours of its stores in 2016. We interpret the decision to extend opening hours of a specific Aldi store as entry into a new market. By using a novel data set containing the opening hours of nearly all German...

The literature points out that retail trade regulations may have a significant impact on prices, employment and productivity. In the case of Spain, the retail trade sector is subject to a rich set of regional regulations. This paper provides a database and a set of indicators on the main...

China ist ein wichtiger Handelspartner der Europäischen Union und zudem neuer Systemwettbewerber. Sorgen bereiten aus europäischer Sicht vor allem die ökonomischen Wettbewerbsverzerrungen durch den chinesischen Staatskapitalismus, die sich zunehmend auch auf den Weltmärkten auswirken....