Current merger review law is critically flawed. Courts in Clayton Act Section 7 cases consider the likelihood that a merger will harm competition as a threshold question before considering the size of harm that could ensue. Under current law, to block a merger a judge must find that the deal is...

Both the country experiences and the academic debate suggest that concentration and competition have ambiguous effects on financial stability and as such, there is no clear conclusion on the validity of either the competition-stability or the competition-fragility hypotheses. However, it would...

Problem definition: A staggering proportion of humanitarian donations are designated for a particular purpose, i.e., earmarked. While earmarking increases donors' willingness to donate, it hurts the operational performance of humanitarian organizations (HOs) because it limits their flexibility...

Merger review in the United States has overlooked a significant competition harm: increasing risk. Mergers can increase both direct and systemic risk. There is now persuasive evidence that negative shocks to a firm can harm the firm’s consumers and trading partners, leading to national...

The paper analysis the effect of the proposal “Convertible/ Bail-inable Dividend Bonds“ (Doluca, 2023) on inefficient risk-taking behavior of a bank that is acting in a Monopoly. The approach “Convertible/Bail-inable Dividend Bonds “propose that part (or the whole) dividends of the banks...

The COVID pandemic caused the political competition between the prime ministers of the German states to reach its peak. Whoever is the best at announcing, launching, or implementing policies to combat the pandemic can hope to capitalize most politically. In this paper, we attempt to document...

This paper aims to explain the state of Korea’s manufacturing competitiveness and assess whether the Korean manufacturing industry has acted as an economic support during the COVID-19 pandemic through a cross-country analysis. In addition, this paper identifies what the driving force is behind...

The continuation of China’s remarkable economic growth will depend on continued increases in electricity supply. China has commenced a program of electricity sector restructuring, with the announced aim of relying on markets and competition to provide incentives for attracting private...

The EU Directive 2003/87/EC for the introduction of a European emission trading system has left the task of allocating the emission allowances mainly to the member states. In Germany the details of the allocation method are laid down in the Allocation Act (ZuG 2007). One central element of the...