-7% higher without divestitures. Up to 30% savings could have been obtained in Latin America by emulating the pro-competition …

markets can make the transition more efficient; 3. In some areas, a too-narrow focus on competition can be detrimental, and … three levels of intervention: 1) competition rules and enforcement should be adjusted to meet the new challenges of the … benefits of competition for efficient resource allocation in the transition. Institutions should not focus solely on static …

We study the vulnerability of 130 banks directly supervised by the European Central Bank's Single Supervisory Mechanism … healthier segments of the economy. But instead of emphasising bank recapitalisation, as in past years, we believe the task is to …

that the SSM reduced competition for SSM banks in countries affected by the sovereign debt crisis. Otherwise, the impact of … the SSM was limited or competition increased. Furthermore, our results suggest that anti-competitive side effects of the …

This working paper examines the conditions under which the European Union (EU) engages externally in competition policy … enforcement cooperation agreements, competition provisions in free trade agreements (FTA) and its role as a legislative model for … finds that neo-functionalism correctly specifies the conditions under which the EU engages externally in competition policy …