We study competition in the German interurban bus industry two years after its liberalization in January 2013. In … of market power by incumbents – and derive several recommendations to secure effective competition in the industry. …

monopoly basis, competition does play a key role on routes with a sufficiently large base of (potential) customers. From a … 24 years old and the presence of intermodal competition by intercity railway services. …

comparison with the United States. It has been argued that lack of product market competition and poor corporate governance are … econometric analysis of firm performance in Germany. Based on a unique panel data set with detailed information on almost 400 … product market competition experience higher rates of productivity growth. We also find weak evidence for the notion that in …

role of an active market for corporate control and of competition in banking integration. European listed banks … profitability appears to converge to a common level. There is weak evidence that competition eliminates high profits for these banks …

analysis. These findings show that European Commission interventions are competition enhancing and support the expected …

to initiate adequate investment incentives. Using a two-equation estimation approach, a direct competition effect (more … service competition increases the supply of infrastructure) can be disentangled from an indirect effect (more service … competition increases the demand for infrastructure quality and, as a consequence, increases the supply of infrastructure). While …

electricity companies and transnational competition, Chile and Brazil have only partially liberalized their electricity sector …

2003 to 2012. We examine the impact of service- and facility-based competition on firm-level investment as well as the … estimation techniques which allows us to account for various sources of endogeneity. We find that facility-based competition … decisions are strategic complements. Moreover, we find that intermodal competition in terms of fixed-mobile substitution exerts …