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...

This paper provides a comprehensive theoretical model of the political decision making process. Therein two ideologically different political parties compete for power. Their primary instrument in this competition are programmatic concessions in favor of voters and interest groups. As any...