One consequence of the liberalization of certain services in the European Union was that a number of formerly inward-looking incumbents in telecommunications and electricity rapidly transformed themselves into some of the world's leading Multinationals. However, the precise relationship between...

As a consequence of liberalization policies in the European Union (EU), a number of formerly inward-looking incumbents in telecommunications and electricity transformed themselves into some of the world’s leading Multinationals. The relationship between liberalization and incumbent...

We examine the impact of (and links between) two types of economic integration on the stability of multimarket collusion when firms interact in quantities in segmented markets: (1) multilateral trade liberalization, captured by a reduction of trade costs across all markets; and (2) preferential...

In der Hochphase des Neoliberalismus galt die Globalisierung als unvermeidlich und die umverteilende Demokratie als überholt. Wachsender Wohlstand für alle war das Versprechen, wachsende Unfähigkeit, die kapitalistische Ungleichheitsmaschine zu bändigen, ist das Ergebnis. Taumelnde...