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Motivated by the general lack of empirical scholarship concerning the cross-national environment for competition policy, I present measures here of the overall resources dedicated to competition policy and the merger policy work-load for thirty-two antitrust jurisdictions over the 1992-2007...
Persistent link: https://www.econbiz.de/10013154103
power is both a necessary incentive to invest and a fair return on investment. It is well-established in economic theory …
Persistent link: https://www.econbiz.de/10013021141
The European market has been served by regulated and licensed e-money tokens (EMTs) since 2019, contradicting the claim that legal clarity is needed for EMTs. Despite the well-functioning e-money legislation, the EU Parliament will vote on a new regulation specifically for EMTs as part of the...
Persistent link: https://www.econbiz.de/10014355286
The strength of product market competition plays an important role in economic growth as it affects economic efficiency and the allocation of resources, and can also lead to improved labour market performance. This paper examines product market competition and economic performance in the...
Persistent link: https://www.econbiz.de/10012445681
findings in economic growth theory, which state that increased competition intensity may harm endogenous innovation, provide a …
Persistent link: https://www.econbiz.de/10012979601
This paper discusses the current state of product market competition in Iceland, including the legal and regulatory framework, and suggests directions for further improvement. Given the size of the economy, efficiency considerations dictate high concentration in many markets, and preventing...
Persistent link: https://www.econbiz.de/10012442998
This paper examines the strength of product market competition and economic performance in Canada and discusses way in which the institutional framework governing competition policy could be improved. Competitive forces are comparatively strong and administrative and economic regulations...
Persistent link: https://www.econbiz.de/10012444013
Maintaining rapid economic growth depends increasingly on productivity gains, particularly in the service sector. Competition has an important role to play in achieving such gains. However, Korea’s development strategy has tended to weaken competition and has left a legacy of government...
Persistent link: https://www.econbiz.de/10012444204
Persistent link: https://www.econbiz.de/10003874319