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More and more companies appear with strange abbreviations behind their business name. Consider Chrysler Group LLC (instead of Inc.) or LVMH Montres & Joaillerie France SAS. Some even speak about the “endangered corporate form” and point to the rise of the uncorporation. This Primer examines...
Persistent link: https://www.econbiz.de/10013086492
Digital platforms facilitate interactions between consumers and merchants that allow collection of profiling information which drives innovation and welfare. Private incentives, however, lead to information asymmetries resulting in market failures both on-platform, among merchants, and...
Persistent link: https://www.econbiz.de/10013322176
The energy system of the future is smart and sustainable, with IT applications making it possible to efficiently match supply of and demand for sustainable energy. It will turn consumers into active players, responding to financial incentives to either or not use energy at specific moments, or...
Persistent link: https://www.econbiz.de/10012984027
Over the past three decades, Member States have created a variety of regulatory authorities, generally in response to the adoption of liberalization directives by the European Union. Because of the substantial power they enjoy and the importance of their tasks, it is widely recognized that it is...
Persistent link: https://www.econbiz.de/10012950814
This paper discusses whether the principles of good regulation and good market supervision could play a role in developing a more consistent approach towards the regulation of the energy sector and, more in particular, in dealing with the challenges of regulating the heat sector. It is concluded...
Persistent link: https://www.econbiz.de/10012847407
Investments in energy infrastructure are one of the key energy policy priorities of the European Union. However, due to inherent high costs, these investments cannot be made without the Member States' support, notably in the form of State aid. This implies notifying the State aid to the European...
Persistent link: https://www.econbiz.de/10014208688
Small and medium enterprises (SMEs) are very important to any economy. They are great job creators, helping to reduce poverty and achieve higher levels of development in all economic sectors. However, SMEs are susceptible to inadequate law and regulation, mainly in countries implementing...
Persistent link: https://www.econbiz.de/10012919114
This paper draws on the case law of the European Court of Justice to examine the current (im)possibilities of dealing with the supervision and regulation of the competition in the wholesale energy markets within the three different European regulatory frameworks, namely the Third Energy Package,...
Persistent link: https://www.econbiz.de/10013054380
The increased expansion of economic activity beyond national borders leads to a shift of regulatory power. Public authorities concede power, explicitly or tacitly, to private bodies, whereas the multilayered ecology of global governance inevitably increases the role of transnational...
Persistent link: https://www.econbiz.de/10012934214
There are no generally accepted results regarding the objectives, decisions, and economic outcomes of nonprofit organizations, as compared to forprodit or public firms. We posit that this inconclusiveness is due to a too broad definition of nonprofits and that different types of nonprofits...
Persistent link: https://www.econbiz.de/10013082567