Do we have effective competition between the gasoline's big five oligopolists (Aral, Shell, Esso, Total and Jet) and fringe gasoline stations? Using 2014 Market Transparency price data from 66 cities with populations between 60,000 and 100,000, we analyze which brands lead price increases, the...

Seit der Deregulierung des deutschen Strommarktes im Jahre 1998 werden die Netznutzungsentgelte durch Verhandlungen zwischen den Energieerzeugern und den industriellen Nutzern festgelegt. Da die Stromnetze als nicht-bestreitbare natürliche Monopolisten anzusehen sind, können die Netzbetreiber...

In the course of the liberalization of European energy markets, the German government opted - diverging from all other European countries - for Negotiated Third-Party Access. In this article we analyze if, theoretically, this institutional regime can be superior to regulation. We review...