This paper provides a new insight into the linguistic element of lobbying concerning the historical transformation of business activities. For this purpose, the paper sheds light upon creation and dissemination of theorisation, simplified claims concerning the consequence of suggested policy...

The paper sets out why we consider that the legal framework in the EU amplifies what are in reality relatively small differences in thinking around RPM. Primarily, this is because it asks economists, in the name of legal certainty, to draw a false dichotomy between agreements and practices which...

Since the mid-1990s, competition in the Austrian product markets has become markedly more vigorous, driven by "externally induced" competition-oriented structural reforms. In terms of product market regulation, Austria ranks in the middle range in international comparisons. Same as other...

With the amendment to the cartel law in 2002, a new institutional basis had been established for competition policy in Austria. Responding to domestic and European pressure to reform, legislators provided the groundwork for setting up the Federal Competition Authority and Federal Cartel...

The US Supreme Court’s overruling of the pre-existing per se illegality of resale price maintenance and the recommendation of a rule of reason approach in the Leegin decision (Leegin Creative Leather Products, Inc. vs. PSKS, Inc., 2007), raise the question whether other jurisdictions should...

This paper empirically analyzes how the use of vertical price restraints has impacted retail prices in the market for e-books. In 2010 five of the six largest publishers simultaneously adopted the agency model of book sales, allowing them to directly set retail prices. This led the Department of...