We extend structural gravity models of bilateral trade flows to oligopolistic competition. We show that conventional gravity estimates do not only reflect trade costs but also market power. Our simple estimation procedure generalizes the standard gravity model and disentangles exogenous trade...

Lack of transmission capacity hampers the efficient integration of the European electricity market, and thereby precludes reaping the full benefits of competition. We investigate to what extent the expansion of the transmission grid promotes competition, efficiency, and welfare. This work...

This study shows an overview about investigations in the field of mergers and acquisitions of agribusiness companies (milk and sugar) and examines the trade off effect between efficiency gains on business level and dangers for competition policy. The study underlines relevant results of mergers...