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Since the financial crisis in 2007, banks have been hit by legal settlements from incidents related to the crisis. Over time, the frequency and the magnitude of these fines has only increased, thereby, implicating that financial misconduct is not an idiosyncratic risk that can be ‘spot...
Persistent link: https://www.econbiz.de/10012933830
While attention has been given to the uses of big data by network operators and to the provision of open data by governments, there has been no systematic attempt to re-examine the regulatory systems for telecommunications. The power of public authorities to access the big data held by operators...
Persistent link: https://www.econbiz.de/10014152588
In this paper, we describe the development and current status of anti-manipulation rules as they apply to wholesale electricity and natural gas markets in the United States and the European Union, including the institutions that are responsible for overseeing these rules. We then compare and...
Persistent link: https://www.econbiz.de/10013091121
Undertakings may restrict competition by cooperating with their competitors or by interfering with their ability to compete. In both cases, their ultimate goal is to raise the price they charge for their products or services. Therefore, the main concern about both collusive and exclusionary...
Persistent link: https://www.econbiz.de/10012903990
Open data are held to contribute to a wide variety of social and political goals, including strengthening transparency, public participation and democratic accountability, promoting economic growth and innovation, and enabling greater public sector efficiency and cost savings. However, releasing...
Persistent link: https://www.econbiz.de/10013011353
This paper discusses the regulation of mass metadata surveillance in Europe through the lens of the landmark judgment in which the Court of Justice of the European Union struck down the Data Retention Directive. The controversial directive obliged telecom and Internet access providers in Europe...
Persistent link: https://www.econbiz.de/10013013245
Over the past ten years several EU Member States decided to integrate their competition authorities with their consumer protection agencies. In 2010, the Danish Competition Authority and the Danish Consumer Agency merged into the Danish Competition and Consumer Authority. In 2013 the Finnish...
Persistent link: https://www.econbiz.de/10012857130
To discourage unhealthy eating and limit the population’s intake of fatty foods, an increasing number of countries across the the European Union is considering levying taxes on unhealthy food. This essay provides a brief analysis of the genesis, rationale and legal implications of these...
Persistent link: https://www.econbiz.de/10014176474
Most competition authorities in the world (in Europe, in particular) impose a suboptimal level of fines. In this paper two attempting explanations are proposed, based on accountability strategies and career concerns of governing bodies of these agencies. In order to compensate the distortion in...
Persistent link: https://www.econbiz.de/10014202413
At a time in which food taxes are causing controversy throughout Europe and discussed across the world, this article provides an analysis of the genesis, rationale, scientific evidence and legal implications stemming from the introduction of such fiscal schemes. By taking as a case study the...
Persistent link: https://www.econbiz.de/10014155457