This article is the first that discusses how national enforcement authorities have been using bundling, meaning tying or rolling up a number of things together, to settle with corporations over multiple bribery allegations. These settlements rely on some allegedly illegal acts that defendants...

In November 2011 Sweden abolished the uniform national electricity price and introduced separate price zones. This was the result of an antitrust settlement between the Commission and the Swedish network operator, which was accused of discriminating between domestic and export electricity...

The European Commission is looking for new ways of enforcing EU competition law faster to enhance the effectiveness of antitrust intervention. Against this context, this article explores a tool that is already at the Commission’s disposal: interim measures. These allow the Commission to...

Settlements among parties are usually regarded as an efficient solution to a judicial dispute. However, frequent settlements between the rich and the poor can also mean unequal access to justice. We develop a model of settlements that takes wealth disparity of the parties into account, as the...

In this paper we provide textual evidence on the sophistication of medieval deterrence strategies. Drawing on one of the great opera librettos based on medieval sources, Wagner's Tannhäuser, we shall illustrate the use of optimal randomization strategies that can be derived by applying notions...

On 20 October 2016, Advocate General (AG) Wahl delivered its Opinion in Intel's appeal to the Court of Justice of the EU against the judgment of the General Court of the EU. In this Opinion, in which AG Wahl advises the Court of Justice to set aside the judgement of the General Court, AG Wahl...

Economic analysis has contributed to a better understanding and a better functioning of law at different levels of generality. As far as legal reasoning is concerned, these contributions fall into two large groups. Economics in legal reasoning concerns arguments about the purposes and...

This paper seeks to find out whether and how use of incentives-related insights from economics may be helpful to a judge interpreting a semantically unclear legal rule. It is argued that, by their nature, economic insights are useful in purposive interpretation if the rationale underlying the...

Advantage is one of the four cumulative criteria that determine whether the EU state aid regime is applicable. Here we look at advantage in relation to compensation for public service obligations. In its Altmark ruling of 2003 the CJEU has fashioned a four part test that, if met, means that the...