In 1994 the European Works Councils Directive was adopted. It marked a major breakthrough for workers representation at the European level. Twenty years later, however, the outcome of this legal provision remains ambivalent. While around 1,000 multinationals have set up a European Works Council,...

Despite competition concerns over the increasing dominance of global corporations, many argue that productivity spillovers from multinationals to domestic firms justify pro-FDI policies. For the first time, we use firm-to-firm transaction data in a developed country to examine the impact of...

Megafusionen werfen viele Fragen auf: Handelt es sich um die rationale Antwort auf Globalisierung und deregulierte Märkte? Oder entspringen solche Zusammenschlüsse eher dem Machtwillen eines 'größenwahnsinnigen' Managements? Und welche wettbewerbspolitischen Konsequenzen haben diese...

The fact that multinational companies operate (MNCs) in more than one country can be expected to lead to a weaker bargaining position for labour. However, there are hopes that these companies may, under certain circumstances, transfer good employment practices from their home countries. This...