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The literature shows that horizontal shareholding engenders significant anticompetitive effects and that no suitable instrument exists within European competition law which reliably and effectively can be applied to curtail such intrinsic effects. This Article analyses several proposals which...
Persistent link: https://www.econbiz.de/10012888878
We regularly witness the increasing involvement of the European Union in our daily lives. The presence of the EU is strongly felt in the media space, but also through the effect of EU law. Lawyers are a special group of people who are particularly acquainted with and apply European law. Their...
Persistent link: https://www.econbiz.de/10014244416
Over the last years, several reports highlighted the market power of very large online platforms that are gatekeeping intermediaries between businesses and consumers, and the difficulty for classic competition policy tools to deal effectively with anti-competitive practices in these platforms....
Persistent link: https://www.econbiz.de/10013245166
For a sample of 1243 European companies, we analyse the link between firm type and foreign direct investment (FDI) locations. We find substantial empirical evidence that being a family firm does not only affect the overall propensity for FDI but that this effect is also specific to target...
Persistent link: https://www.econbiz.de/10009752143
For a sample of 1243 European companies, we analyse the link between firm type and foreign direct investment (FDI) locations. We find substantial empirical evidence that being a family firm does not only affect the overall propensity for FDI but that this effect is also specific to target...
Persistent link: https://www.econbiz.de/10010192001
Using data from 1,226 matches played over 18 seasons, we analyse match attendances in the group stages of the European Rugby Cup (ERC). We find that short-run (match) uncertainty had little effect on attendances. This finding is significant as the ERC has been replaced by a new competition which...
Persistent link: https://www.econbiz.de/10010399298
The paper presents results from two natural experiments on the impact of revenue sharing and salary caps on competitive balance in sports leagues arising from the introduction of professionalism in Rugby Union in 1995. The first involves the English Premiership, which traditionally applied a...
Persistent link: https://www.econbiz.de/10010401961
Rugby union only went professional in 1995, much later than other major team sports resulting in major changes in league structures. Different arrangements regarding revenue sharing and salary caps between the three main European rugby leagues provides an opportunity to test the impact of such...
Persistent link: https://www.econbiz.de/10009731745
The economic literature on professional sports leagues suggests supporters' utility depends on uncertainty of outcome (competitive balance) and the quality of play. Unlike soccer, where the Champions League is dominated by teams from larger countries, our analysis indicates that the ERC exhibits...
Persistent link: https://www.econbiz.de/10009733728
The paper analyses the impact of the relatively belated move to professionalism in Rugby Union. We use data on match attendance for 3,667 fixtures in European club Rugby over 15 seasons to estimate the effect of competitive balance on attendance. We find that (short- and medium-term) competitive...
Persistent link: https://www.econbiz.de/10009733752