Increasingly, international trade law demands that national competition policy play a role making domestic markets more accessible to foreign traders. But can international competition policy also control transnational business practices? New international intellectual property power is...

TRIPS does not lay down rules on parallel imports. Its provisions, however, do give states the discretion to apply competition rules to the exercise of intellectual property rights. The indeterminacies of competition law and its application mean that intellectual property owners lack objective...

Since the currency crisis, Indonesia has undergone rapid economic and political changes. However, the IMF-directed recovery program, such as decentralization, does not seem successful. Despite the improvised legal system, the implementation of the recovery program is very poor. Lack of consensus...

I analyse the welfare impact of a mixed market with a public or private firm with some degree of altruism, in the presence of an agency problem. Contrary to some earlier findings, the total surplus turns out to be increasing in the degree of altruism. This impact is stronger than if there is no...

The globalisation of markets, particularly the liberalisation of financial markets, has facilitated merger and acquisition activity on a global scale. New financial instruments and the growth of sovereign wealth funds have raised questions regarding the national security and the loss of...

The paper provides a comprehensive survey of the economics behind the fight against hard core cartels. Differentiating between four subsequent stages - characterisation, welfare effects, enforcement and evaluation - the paper pays particular attention to cartel detection methods, the derivation...

The paper characterises the building blocks of a framework to enforce antipredation rules and subsequently evaluates selected enforcement options in a Cournot-type duopoly predation model. Differentiating between a no rule approach, an ex ante approach and two ex post approaches, it is shown...

The paper develops a methodology for the evaluation of competition policy. Based on the existing literature and experiences with policy evaluations in other areas of economic activity, the three-step / nine-building-blocks methodology provides guidance for evaluation projects and also assists in...

The study analyses the effects on banking competition of the changes in banking delivery and information collection technologies and of the rivalry from outside the traditional banking sector. Key implications for monetary, regulatory and competition policies are also addressed. <p> Evidence is...</p>