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Immer mehr Unternehmen gründen eigene gemeinnützige Stiftungen (Corporate Foundations). Sie setzen diese im Rahmen ihrer Kommunikationsarbeit und Unternehmenspolitik ein. Bei der notwendigen Gesellschaftsorientierung und dem geforderten bürgerschaftlichen Engagement von Unternehmen werden dem...
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This brief essay addresses the ambiguities in the meaning of “consumer welfare” in antitrust, exploring the differences between the Williamson, Bork, and current understanding of that term. After weighing the alternatives it argues that the consumer welfare principle in antitrust should seek...
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The central economic justification for competition law is that the protection of competition promotes welfare. In particular, perfect competition among firms catering to consumer demand for goods and services maximizes social welfare by generating both allocative and productive efficiencies....
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We learn that scientific progress is inherently good, that it has improved the living conditions of all humans and that the digital revolution is progressively helping level the playing field for all. But empirical evidence related to the effects of technological disruptions on the living...
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