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We develop and test the effectiveness of a theoretical governance model for general purpose payment systems (GPPS), systems that are used by individuals, businesses and merchants, and state, local and federal government entities to make and receive payments. We test for effective governance...
Persistent link: https://www.econbiz.de/10013049564
We provide systematic evidence on cartels’ characteristics, using novel data on cases investigated by the French Competition Authority. These practices are widely spread across sectors and cartel members are typically among the top firms in their industries. In a model with heterogeneous firms...
Persistent link: https://www.econbiz.de/10014082659
We provide systematic evidence on cartels’ characteristics, using novel data on cases investigated by the French Competition Authority. These practices are widely spread across sectors and cartel members are typically among the top firms in their industries. In a model with heterogeneous firms...
Persistent link: https://www.econbiz.de/10014084498
have to be offset by the costs of regulation. These costs consist first of direct costs due to the regulation itself, since … costs of regulation in the German pharmacy sector. It then describes the deregulation measures needed to avoid regulation … investment in drug distribution. In contrast to the present situation, Germany could be a pioneer with regard to the regulation …
Persistent link: https://www.econbiz.de/10003663193
deposit customers. In the past, bank regulation has often been blamed for undermining competition and the functioning of … tries to shed some light on the historical development and current state of bank regulation in Germany. In so doing, it … tries to embed the analysis of bank regulation in a more general industrial organization framework. For every regulated …
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