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Decisions of national competition authorities have important effects on other jurisdictions. We provide a framework to quantify the domestic and cross-border effects of mergers, and to draw conclusions for the coordination of national merger policies. We develop a two-country model with many...
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We use a unique dataset to analyze the marriage patterns of the British and German nobility from the 1500s to the 1800s, and discuss the differences in institutions between the two countries. Historical evidence shows that: nobles tended to marry nobles with identical title; and, German marriages...
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The "ladder of investment" is a regulatory approach proposed by Martin Cave (2006), which has been widely embraced by national regulatory authorities in the European telecommunications sector. The approach entails providing entrants, successively, with different levels of access - the "rungs" of...
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