This contribution is a broad (textbook-like) survey on the economic foundations of competition policy. It encompasses a comprehensive overview on both industrial economics and law and economics arguments, as far as they are relevant for competition law. Contents: I. Competition and competition...

If a damages claim is presented in court and compensation of harm suffered is sought, quantifying the level of damages suffered becomes necessary. An economically founded quantification of the damages caused by competition law infringements has increased in importance in particular through the...

This paper analyses the inter-firm R&D network formed in the pharmaceutical biotechnology industry during the 1990s from different perspectives: theoretical network formation, firm's structural positions and its collaborations at the entire network level, and the determinants for firm's...

The paper deals with the competitive effects of price guarantees in a spatial duopoly where consumers can search for lower prices but have to incur hassle costs if they want to claim a price guarantee. It is shown that symmetric equilibria with and without price guarantees exist but price...