China's Anti-Monopoly Law, adopted in 2007, is largely compatible with antitrust law in the European Union, the United States and other jurisdictions. Enforcement activity by the Chinese authorities is also approaching the level seen in the EU. The Chinese law, however, leaves significant room...

There is growing worldwide concern about bias in the enforcement of competition law in favour of domestic firms. Even seemingly neutral antitrust laws can lead discrimination if they are enforced selectively. Authors investigate the distortions that national competition authorities generate when...

Mobile telecommunications markets are an important part of the European Commission’s strategy for the completion of the European Union Digital Single. The use of mobile telecommunications - particularly mobile data access - is growing and becoming an increasingly important input for the...

Jean Pisani-Ferry discusses the development of globalisation during the last decade and the challenges ahead. The speed and magnitude of the transformation affecting the world economy are larger than initially envisaged, while domestic policy reforms and redistribution have often been...

The ongoing financial crisis has revived the longstanding debate about fair value accounting. This policy contribution by Nicolas Véron argues that in times of market disruption, no accounting standards could lead to consensual outcomes, and that fair value remains better than proposed...

This policy contribution by Bruno von Pottelsberghe argues that the number of priority filings should be used as a patent-based measure of Europe's innovation performance. It also identifies several policies that may affect the R&D-patent relationship.

Nicolas Véron comments on the proposal for governance reform ('constitution review') published in May 2008 by the IASC Foundation, the private-sector body which oversees the setting of International Financial Reporting Standards (IFRS). He emphasizes the unprecedented nature of this global...

André Sapir puts forward some comments and recommendations about the Lisbon Methodology (LIME) Working Group. This Policy Contribution was presented at the first meeting of LIME'S Working Group on 1 February 2007.