The question of a double dividend from revenue-neutral ecological tax reforms (an ecological advantage plus an economic advantage) has recently become a widely discussed topic both in real-world economic policy and in economic theory. The subject has produced many advocates and opponents in the...

The process of globalization causes an increasing intensity of institutional competition, i.e. competition among national suppliers of institutional arrangements for mobile factors. This often leads to the conclusion that the competence of national economic policy actors is decreasing. As a...

Die Internationalisierung des Wettbewerbs führt zur Internationalisierung von Unternehmensstrukturen und zur Internationalisierung privater Wettbewerbsbeschränkungen. Neben grenzüberschreitenden Kartellen und Marktmachtmissbrauch gewinnen in diesem Prozess die Wettbewerbswirkungen...

We demonstrate that the popular Farrell-Shapiro-framework (FSF) for the analysis of mergers in oligopolies relies regarding its policy conclusions sensitively on the assumption that rational agents will only propose privately profitable mergers. If this assumption held, a positive external...

An increasingly important part of contemporary merger control both in the US and the EU is unilateral effects analysis, particularly with regard to oligopolistic mergers. In practice, this requires econometric analyses of past market data and, above all, the construction of simulation models in...

In times of globalization, trade liberalization and deregulation of specific industries, competition authorities face new challenges in order to protect national as well as international competition. With companies operating in various countries, fading market frontiers and increasing...

The jurisdictional elements of the comprehensive 2004 reform of EU merger control are worth being analysed against the background of economic theory. Competence allocation and delimitation represent important factors for the workability of multilevel merger control regimes. The economics of...

Wettbewerbspolitik wird innerhalb der Europäischen Union in erster Linie auf zwei vertikal miteinander verbundenen Ebenen betrieben, nämlich der supranationalen Ebene der EU-Institutionen und Organisationen und der nationalen Ebene der mitgliedstaatlichen Institutionen und Organisationen : Auf...

The recent Impala Judgment by the CFI on the Sony/BMG Decision by the Commission represents the most important ruling on collective dominance since Airtours. We review both the Decision and the Judgment and derive implications for the institutional and substantive development of EU Merger...