Contests between groups are plagued by intra-group externalities (freeriding). Yet, costless incentive schemes that entirely avoid free-riding within a group might not be desirable, neither individually nor socially. In contests among two groups, a relatively weak (i.e., small or unproductive)...

Subcontracting has become a prominent business practice across many industries. Subcontracting of industrial production is generally based on short-term need for additional processing capacity, and is oftentimes employed by manufacturers to process customer orders more quickly than using only...

Because most competition matters are resolved in proceedings entirely before a national competition authority, a company accused of an infringement, despite its potential liability for a large fine, may not receive the due process protections associated with judicial proceedings