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The paper discusses the respective roles of competition policy and sector-specific regulation for industries such as … when competition policy and to sector-specific regulation apply to a given industry at the same time. The discussion refers … parts of the industry should be subject to regulation, and (iii) the recent cases in the telecommunications and postal …
Persistent link: https://www.econbiz.de/10010331065
, challenge antitrust and regulation policy. The paper focuses on the theoretical and methodological basis provided by the New … specific view of NIE at industrial organization, antitrust and regulation, discusses three current issues – the European policy …
Persistent link: https://www.econbiz.de/10010283001
Search costs for lenders when evaluating potential borrowers are driven by the quality of the underwriting model and by access to data. Both have undergone radical change over the last years, due to the advent of big data and machine learning. For some, this holds the promise of inclusion and...
Persistent link: https://www.econbiz.de/10013454741
Search costs for lenders when evaluating potential borrowers are driven by the quality of the underwriting model and by access to data. Both have undergone radical change over the last years, due to the advent of big data and machine learning. For some, this holds the promise of inclusion and...
Persistent link: https://www.econbiz.de/10013465064
decision. With a strong federal government that has extensive competences for regulation, merger control on competition grounds …, which has more limited competences for regulation. In addition, both the executive and the legislative powers are more fully …
Persistent link: https://www.econbiz.de/10011381174
have many advantages (less regulation costs, rent seeking and knowledge problems), although an additional differentiation …
Persistent link: https://www.econbiz.de/10010265735
Under ex ante access regulation entrants often claim that access fees are excessive. I show that this is only the case … strictly positive access fee which may exceed the efficient level. Ex post regulation facilitates this type of collusion and …
Persistent link: https://www.econbiz.de/10010298680
further-reaching political calls for regulation. While Google is currently in the focus of the discussion, the next candidate … economic perspective and, consequently, do not warrant regulation or other drastic interventions (like breaking the company up …
Persistent link: https://www.econbiz.de/10011492570
Our research starts from the general observation that everywhere around the globe, an increasing number of regulatory tasks, traditionally falling under the responsibility of government, are being transferred to so-called independent regulatory authorities (i.e. independent from market actors,...
Persistent link: https://www.econbiz.de/10010307306
In the U.S., unlike much of the rest of the world, the mixing of banking and commerce is largely prohibited. One exception is industrial loan companies (ILCs), state chartered depository institutions some of which are owned by commercial parents. In 2006, the FDIC put a moratorium on the...
Persistent link: https://www.econbiz.de/10012056309