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Appropriately designed Product Market Regulation (PMR) is essential to enhance productivity, boost economic growth and increase welfare. Regulation is needed to address market failures and guarantee the health and safety of consumers. However, by limiting the entry and expansion of firms, a too...
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Digital markets have raised a number of new competition challenges. Ex-post competition policy appears not to be able to address them in their entirety and with the necessary speed. There is considerable consensus, among academics and policy-makers, that ex-ante regulatory policies are needed to...
Persistent link: https://www.econbiz.de/10014278972
A competition-friendly business regulatory environment is essential for the well-functioning of markets. It ensures that important policy goals are addressed, and market failures tackled. However, regulation can also create barriers to the entry and expansion of firms that may limit and distort...
Persistent link: https://www.econbiz.de/10014435849
In this paper, we will analyse further the issue of concurrence between competition and sector rules and the relation between parallel concepts within the two different legal frameworks. We will firstly examine Third Party Access in relation to essential facilities doctrine and refusal of access...
Persistent link: https://www.econbiz.de/10013134857
The digital economy is at the forefront of the agenda of decisionmakers worldwide following several expert reports on competition in digital markets, underscoring competition issues. The question shifts then from why to how to adapt competition to the digital economy. Digital competition and...
Persistent link: https://www.econbiz.de/10013221633
Economic growth has been restricted in developing countries because of the existence of high degrees of concentration and numerous market failures affecting development. In these types of markets, implementation of competition law and policy is fundamental to work toward a much-desired...
Persistent link: https://www.econbiz.de/10014151329
To regulate or not to regulate is not anymore a Shakespearian issue. The digital economy must be regulated. The question is now about how to regulate it to promote an efficient and fair competition. This paper is the section 4 of my chapter 3 of my PhD thesis “Competition Law and economics of...
Persistent link: https://www.econbiz.de/10014090430
The European Commission (hereinafter “the Commission”) recently released two Inception Impact Assessments (IIA) and public consultations on a possible new competition tool and a possible ex-ante regulation of large online platforms (so-called “gatekeepers”). After the publication of many...
Persistent link: https://www.econbiz.de/10014092863