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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
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
findings in economic growth theory, which state that increased competition intensity may harm endogenous innovation, provide a …
Persistent link: https://www.econbiz.de/10012979601
Persistent link: https://www.econbiz.de/10013167184
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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
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
There is a considerable debate in the legal literature about the purpose of antitrust institutions. Some argue that antitrust law merely serves the purpose of economic growth, while others have a broader perspective on the function of antitrust, maintaining that the prevention of economic...
Persistent link: https://www.econbiz.de/10013038306