In den letzten Jahren ist die Lizenzierung neuer Software- und Elektronikprodukte in Europa und den USA anhand einiger prominenter Fälle intensiv diskutiert worden. So gab die Europäische Kommission Anfang 2011 erst grünes Licht für die Übernahme des Sicherheitssoftware- Herstellers McAfee...

Energy sectors-primarily power generation and gas production, but also energy transmission and distribution-require significant capital investment in infrastructure. Market structures as well as the degree of competition and regulation are key factors that determine firms' incentive to invest....

Der Energiesektor zeichnet sich durch den Bedarf an kapitalintensiven Investitionen in Infrastruktur aus - vor allem in der Stromerzeugung und der Gasgewinnung, aber auch in der Energieübertragung und -verteilung. Sowohl die Marktstrukturen als auch der Grad an Wettbewerb und Regulierung sind...

We build a model of competition between strategic data intermediaries collecting consumer information that they sell to firms competing in a product market. Each intermediary has access to exclusive information on a group of consumers and competes with other intermediaries on a common group of...

Based on a database of 326 merger cases scrutinized by the European Commission between 1990 and 2007, we evaluate the economic impact of the change in European merger legislation in 2004. We first propose a general framework to assess merger policy effectiveness, which is based on standard...

The study analyses the price formation and market functionality of the Finnish food chain. A significant portion of the report consists of international comparisons. The main comparison countries are the so-called old EU countries (EU15) of Western Europe, the new EU countries (EU12) and the...

We propose a general framework to assess merger policy effectiveness based on standard oligopoly theory and stock market reactions. We focus on four different dimensions of effectiveness: 1) legal certainty, 2) decision errors, 3) reversion of anti-competitive rents, and 4) deterrence. We apply...

Economic growth is below what would be needed to resume rapid convergence to average OECD living standards. On-going efforts to improve the business climate are laudable, but need to be widened and strengthened. Much progress has been achieved in reducing red tape, but it is only recently that...

Based on a database of 326 merger cases scrutinized by the European Commission between 1990 and 2007, we evaluate the economic impact of the change in European merger legislation in 2004. We first propose a general framework to assess merger policy effectiveness, which is based on standard...