Economics rightfully represents the major basis for competition policy. Next to generating knowledge about competition and its welfare effects, the currently popular "more-economic approach" is charged with a number of additional hopes and expectations, leading to a reduction of the ambiguities...

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...

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...