Reviews the various articles of the IIR2001, and lays out the theme of having the appropriate market structure and regulation in various sectors of physical infrastructure including electricity, telecom, water and sewage, transportation and energy

Using the overcharge estimates for 406 cartel episodes, I evaluate the impact of cartel characteristics and market environment on the size of the overcharges imposed by cartels in different geographic markets and during six antitrust law regimes starting from the 18th century. I find that the...

In this essay we evaluate the impact of the revolution that has occurred in antitrust and in particular the growing role played by economic analysis. Section II describes exactly what we think that revolution was. There were actually two revolutions. The first was the use by economists and other...

This paper evaluates the recent literature claiming that the US economy has generally become less competitive causing the US economy to perform poorly and that lax antitrust policy is one important reason for the decline in economic performance. Although there certainly are empirical facts...

Using the data on 238 cartelized markets we evaluate econometrically the impact of cartel characteristics as well the market and legal environment of cartel operation on cartel stability. The latter is measured as the expected number of repeated attempts to form a cartel in the same product...

Der vorliegende Beitrag erörtert die wichtigsten Herausforderungen, die sich durch die Digitalisierung stellen. Analysiert werden die Fragen, inwiefern die die Digitalisierung zu einer Monopolisierung von Märkten führt, wie das Kartellrecht nach der 9. GWBNovelle diese Befürchtungen...

Surrounding the passage of Dodd-Frank, a noted author argues that existing market manipulation statutes cannot effectively prosecute manipulation cases because the statutes prohibit fraud, not market power. This is incorrect. While traditional economic theory can explain the incentives...