Abstract On 5. July 2002 State Secretary Dr. Alfred Tacke gave ministerial approval for the merger of E.ON and Ruhrgas. Previously both the German Cartel Office and the Monopoly Commission had voted against the fusion on the basis of feared restricted competition. According to paragraph 42 § of...

Abstract In this paper Bernd Raffelhüschen gives some insights into the political decision making process which changed the latest German pension reform from a fundamental step towards sustainability into a reform to be reformed. Nevertheless, he explains that the pension reform still bears a...

Abstract For decades, economists have been urging politicians to reform pension systems, but in many cases the proposals have been rejected by referring to unresolved distributional aspects. This dilemma can be avoided by using the concept of constitutional economics, which allows us to address...