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The newly enacted Digital Markets Act (DMA) finds itself at a crossroads. The DMA can develop into a specialist field of competition law for digital platforms or it can evolve into a new field of EU law, detached from competition law. The DMA’s ultimate trajectory will depend on the legal...
Persistent link: https://www.econbiz.de/10014343729
The newly enacted Digital Markets Act (DMA) finds itself at a crossroads. The DMA can develop into a specialist field of competition law for digital platforms or it can evolve into a new field of EU law, detached from competition law. The DMA’s ultimate trajectory will depend on the legal...
Persistent link: https://www.econbiz.de/10014260975
We study the dual relationship between market structure and prices and between market structure and investment in mobile telecommunications. Using a uniquely constructed panel of mobile operators’ prices and accounting information across 33 OECD countries between 2002 and 2014, we document...
Persistent link: https://www.econbiz.de/10011659539
intensifies competition in all regions. We show that the cost-reducing potential of investments dominates the strategic effect …
Persistent link: https://www.econbiz.de/10011526221
This report discusses factors that have caused a decrease in tangible investments in machinery and equipment, and … intangible assets in Finland. A decline in the R&D investments of the electronics industry practically entirely explains a … decrease in investments in Finland, which has prolonged the recovery from the collapse of productivity growth during the …
Persistent link: https://www.econbiz.de/10012939225
This report discusses factors that have caused a decrease in tangible investments in machinery and equipment, and … intangible assets in Finland. A decline in the R&D investments of the electronics industry practically entirely explains a … decrease in investments in Finland, which has prolonged the recovery from the collapse of productivity growth during the …
Persistent link: https://www.econbiz.de/10012664946
The rise of the platform economy has been the subject of celebration and critique. Platform companies like Uber, Airbnb, and Postmates have been rightfully celebrated as positively disruptive, introducing much–needed competition in industries that have been otherwise over–mature and...
Persistent link: https://www.econbiz.de/10012931991
The paper investigates the effect of public ownership on regulatory commitment. The empirical setting is provided by the Italian natural gas liberalization reform, that made competitive bidding compulsory to award gas distribution franchises at municipality level. On average, a municipality...
Persistent link: https://www.econbiz.de/10014147882
conceptual framework that can be used to evaluate the effect of particular rules and regulation on the construction of advanced …
Persistent link: https://www.econbiz.de/10014050795
In this paper, we review the literature on declining business dynamism and its implications in the United States and propose a unifying theory to analyze the symptoms and the potential causes of this decline. We first highlight 10 pronounced stylized facts related to declining business dynamism...
Persistent link: https://www.econbiz.de/10012104042