Im Jahr 2003 wurde die deutsche Zementindustrie wegen vorgeblicher Preis- und Quotenabsprachen mit einer Buße von über 600 Mio. Euro belegt. Im abschließenden gerichtlichen Verfahren des Jahres 2009 wurde die Buße erheblich reduziert, weil das Bundeskartellamt nicht in der Lage war, die...

We argue that self-binding rules in the context of the stabilisation of the eurozone — both monetary and fiscal — are important for a successful long-term European economic policy. The present loss of reputation due to the breaking of fundamental rules such as the no-bailout clause generates...

The analysis covers the organization of economic activities and how the supply of transportation systems influences the definition of markets. From a spatial perspective, competition and collusion in a high-speed railway (HSR) based network are examined at three levels: (a) the chain of regions...

Traditional explanations for Western Europe's demographic growth in the High Middle Ages are unable to explain the rise in per-capita income that accompanied observed population changes. Here, we examine the hypothesis that an innovation in information technology changed the optimal structure of...