The use of traditional industry-level profitability indicators for assessing the state of competition is problematic for two reasons. First, short-term variation reflects business cycles more than it does the impact of competition policy. Second, rough industry-level indicators hide different...

Toimiva kilpailu on talous- ja tuottavuuskasvun perusedellytys. Markkinoiden toimivuudesta huolehtiminen on myös suomalaisen elinkeinopolitiikan prioriteeteissa nostettu korkealle. Tästä huolimatta kilpailusta ja sen voimakkuudesta tiedetään todellisuudessa vähän. Tässä selvityksessä...

The use of traditional industry-level profitability indicators for assessing the state of competition is problematic for two reasons. First, short-term variation reflects business cycles more than it does the impact of competition policy. Second, rough industry-level indicators hide different...

In the beginning of the 1990’s, various fragmented information networks of the Internet were combined into one integrated network of systems. As a result, the commercial utilization of the Internet boomed, creating completely new business models and economic structures in the process. A...

Unlike conventional contracts established through speech, written words, or actions, smart contracts are algorithmic, self-executing and self-enforcing computer programs. In this article, we analyze smart contracts from the perspective of digital platforms and the Finnish contract law. We...