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During the financial crisis, companies and lenders found themselves in distressed situations. Competition authorities … transactions as well as assessment of emergency aid granted by states. This article considers competition policy in periods of …
Persistent link: https://www.econbiz.de/10013323353
We investigate the impact of competition policy enforcement on the functioning of European energy markets, and how … EU member states’ competition policy decisions, and combine it with firm- and sector-level data. We find that EC merger … policy has a positive and robust impact on (i) the level of competition; (ii) investment; and (iii) productivity. This impact …
Persistent link: https://www.econbiz.de/10011672928
Persistent link: https://www.econbiz.de/10003906997
We show that the number of merger proposals (frequency-based deterrence) is a more appropriate indicator of underlying changes in merger policy than the relative anti-competitiveness of merger proposals (composition-based deterrence). This has strong implications for the empirical analysis of...
Persistent link: https://www.econbiz.de/10013155108
We investigate the impact of competition policy enforcement on the functioning of European energy markets, and how … EU member states' competition policy decisions, and combine it with firm- and sector-level data. We find that EC merger … policy has a positive and robust impact on (i) the level of competition; (ii) investment; and (iii) productivity. This impact …
Persistent link: https://www.econbiz.de/10012951774
In this paper we quantify the Cost of Non-Europe, i.e. the trade-related welfare losses that would occur under different scenarios of undoing the European Union. Thirty years after the terminology of Non-Europe was used to give estimates of the gains from further integration, we use modern...
Persistent link: https://www.econbiz.de/10012921952
Persistent link: https://www.econbiz.de/10012060062
Persistent link: https://www.econbiz.de/10003419762
Wettbewerb in der Europäischen Union in zweierlei Hinsicht. Zum einen drängten die Regierungen der europäischen Mitgliedstaaten … Spannungsverhältnisses zwischen Solidarität und Wettbewerb in der Europäischen Union näher untersucht. Es wird deutlich, dass jede Lösung der …
Persistent link: https://www.econbiz.de/10008822576