This study argues that adoption strengthening of a competition law regime is a key component of the regulatory reforms, which are required to allow a market economy in the Mediterranean region. It also argues that the competition rules inserted in the Association Agreements signed between the...

With the implementation of the Third Postal Directive, the European Union took an essential step towards full market opening. According to the Directive, all Member States must fully liberalize their postal markets by the end of 2011 or 2012, at the latest. Having thus created scope for...

There is a large amount of legal and economic literature on the fining policy of the European Commission for breaches of EU competition law. This paper takes a quantitative approach as it analyses the factors that have been considered by the Commission in establishing the level of the fine...