In a recent report commissioned by the Norwegian government, a group of experts have presented a new framework for Norwegian competition analysis and policy, see von der Fehr, Norman, Reve and Ryssdal (1998). In conclusion, we believe the report represents a major contribution to the discussion...

Firms may be able to create new and improved products as a result of merging. These "demand-side efficiencies" should be considered by competition authorities in considering whether to allow a merger. Unlike reductions in costs that merged firms may not pass on to consumers, new and better...

Firms may be able to create new and improved products as a result of merging. These "demand-side efficiencies" should be considered by competition authorities in considering whether to allow a merger. Unlike reductions in costs that merged firms may not pass on to consumers, new and better...

We present a new welfare-based framework for optimally choosing legal standards in a variety of regulatory contexts. We formalise the decision-theoretic considerations widely discussed in the existing literature by capturing the quality of the underlying analysis and information available to a...

The recent financial crisis has posed tremendous challenges for the European Commission's state aid policy and questioned whether the European state aid rules should be applied rigorously to the financial sector in times of severe economic crises. In this paper I conclude that the financial...

U.S. industries are facing intense pressures to become more energy efficient, driven by the need to lower the carbon footprints of energy-intensive sectors and to achieve energy security. A successful transition to a new era of efficient, low-carbon electricity production and usage will require...

Since the passage of the Interstate Commerce Act (1897) and the Sherman Act (1890), regulation and antitrust have operated as competing mechanisms to control competition. Regulation produced cross-subsidies and favors to special interests, but specified prices and rules of mandatory dealing....

The paper addresses the issue of who pays for the cost of creating artistic works and other forrns of intellectual property. It examines the effect of current legal structure on regulatory performance in markets for intellectual property; specifically the effects of sequential and partial...

Dieser Beitrag gibt einen selektiven Überblick zu theoretischen Konzeptionen von Wettbewerbs- und Strukturpolitik. Anschließend wird die Wettbewerbs- und Strukturpolitik Österreichs vor und seit dem EU-Beitritt anhand eines "Ziele-Mittel-Träger" Konzeptes dargestellt. Eine Fallstudie zum...

After nearly six years of telecommunications "deregulation" in the United States, centering on the Telecommunications Act of 1996, there is little to which regulatory officials in charge of such deregulation can point in terms of benefits in the form of lower prices or innovative services. It is...