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Given various recent antitrust investigations on the retail sector, we deal with uncovering demand systems substitution patterns for a particular market (diapers) to investigate the inter-format competition (supermarkets vs. discounters vs. drugstores). Using the uncovered demand system we...
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This paper provides evidence that ownership and organization matters for the efficiency of provision of public services. In particular, we find that pure private ownership is more efficient than pure public ownership, followed by mixed ownership. The delegation of management in different legal...
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Kaum eine ordnungspolitische oder regulatorische Frage hat in der deutschen Telekommunikationsbranche wohl in den letzten Jahren für so viel Aufruhr gesorgt, wie die Einführung des neuen §9a in das Telekommunikationsgesetz (TKG). Die neue Vorschrift sieht vor, dass die Bundesnetzagentur...
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Platform markets are characterized by the existence of indirect network effects that connect two or more market sides through a platform that internalizes these feedback effects. Conventional instruments of market definitions which consider price levels cannot easily applied in case of two-sided...
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