In 2020, an antitrust lawsuit was filed against the Pork Integrators alleging a §1 Sherman Act violation. At the center of the Lawsuit, there is an alleged exchange of atomistic information about the Pork integrators’ operations using Agri Stats, Inc. as a clearinghouse. We use the Supreme...

Der deutsch-deutsche Einigungsprozeß erfordert auch eine Integration der DDR in die verschiedene Systeme der EG. Zu den Sektoren mit den am weitesten fortgeschrittenen gemeinsamen Regelungen gehört die Agrarwirtschaft, was einen Anpassungsbedarf von hohem Intensitätsgrad mit der Lösung einer...

The EU agenda for improving competitiveness is missing in action. Economic competitiveness has been a central plank in the development of the European Union - a relentless quest for policies that lead to more prosperity and that make European companies in world markets more successful. However,...

We model the impact of bank mergers on loan competition, banks' reserve holdings and aggregate liquidity. Banks compete in a differentiated loan market, hold reserves against liquidity shocks, and refinance in the interbank market. A merger creates an internal money market that induces financial...