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"The authors compare the two merger control systems currently employed worldwide: a mandatory system based on merger … mergers to investigate, and (ii) the first move of merging firms reveals useful information to the agency about the … competitive risk of a merger. If fines for undue omission to notify are upward limited, then a mixed mechanism is optimal, where …
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Tax incentives neither make up for serious deficiencies in a country's investment environment nor generate the desired …
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This technical note is intended to provide regulators with concrete, practical information on operating price-comparison websites and the strategic considerations necessary to take into account when designing such sites. The technical note examines price-comparison websites operated by public...
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This report, based on a household survey conducted in 2006, discusses options for discouraging qat consumption in Yemen. It draws on a survey-the first representative data collection exercise aimed specifically at assessing the qat consumption phenomena-which confirms that the use of this drug...
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COVID-19 created a dynamic shock to the international tourism industry, with the related health concerns and travel restrictions impacting travelers' perceptions of risk. Among the most affected economies were Small Island Developing States (SIDS), which are highly dependent on tourism receipts,...
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