In this paper, we give an overview on industrial policy in the EU, its instruments and its economic justification. Theoretically, scope for a welfare-enhancing industrial policy exists if market failures occur and can be offset by policy interventions. This includes especially externalities,...

Newspapers have experienced declining circulation figures and declining advertising revenues for several years. In particular, declining advertising figures put a threat on newspapers - this is especially severe in the US where 73% of their revenues are generated through advertising. On the...