Kann eine Wettbewerbsbeschränkung Effizienzziele verfolgen? Diese Frage beantwortet der Autor mit einem deutlichen "Nein!". Ob eine Wettbewerbsbeschränkung vorliegt, eine marktbeherrschende Stellung missbraucht wird oder der Wettbewerb im Gemeinsamen Markt im Sinne der...

The aim of this paper is to describe in detail a set of newly developed indicators of the quality of competition policy, Competition Policy Indexes, or CPIs. The CPIs measure the deterrence properties of a competition policy in a jurisdiction, where for competition policy we mean the antitrust...

This paper provides a comprehensive discussion of the deterrence properties of a competition policy regime. On the basis of the economic theory of law enforcement we identify several factors that are likely to affect its degree of deterrence: 1) sanctions and damages; 2) financial and human...

We estimate the deterrence effects of European Commission (EC) merger policy instruments over the 1990-2009 period. Our empirical results suggest that phase-1 remedies uniquely generate robust deterrence as – unlike phase-1 withdrawals, phase-2 remedies, and preventions – phase-1 remedies...