Die vorliegende Studie Zur wettbewerblichen Wirkung des Zweivertragsmodells imdeutschen Gasmarkt analysiert die Auswirkungen des neuen Entry-Exit-Modells inDeutschland auf die Entwicklung von Liquidität und Marktmachtsituation der entstehendenMärkte. Ziel ist dabei die Ableitung von...

Much of the recent literature on price transmission focuses on whether price changesoccurring at one stage of the food sector are fully transmitted in changes to retail prices. Therole of market structure in determining the degree of price transmission is often emphasised,the presumption being...

Recent econometric studies only emphasize the role of longterm demand expectations and technological capability. They neglect the impact of buyer market structure on innovative efforts of input suppliers....

The working report looks at the actual situation of the German broadband cable market in thecontext of merger control and sector specific regulation. A crucial problem in dealing with thecable market whether in antitrust cases or in the regulatory context is the precise assessmentof the economic...

Die Globalisierung verändert dieMarktmacht der unterschiedlichengesellschaftlichen Gruppen. AberGesellschaft und Politik haben trotzdemerhebliche Gestaltungsspielräume.Vor allem in Deutschland wurden sieso genutzt, dass sich die Einkommensverteilungdramatisch verschlechtert hat.Dazu gibt es...

Though unambiguously outperforming all other ¯nancial markets in terms of liquidity,foreign exchange trading is still performed in opaque and decentralized markets. In par-ticular, the two-tier market structure consisting of a customer segment and an interdealersegment to which only market...

Productivity is an important indicator of competitiveness and economic health.Recent debate about the competitiveness of the UK economy has focused attentionon the gap between UK productivity and the productivity of other players in the globaleconomy, such as the US, France and Germany.A more...

In this paper, we aim to model the vertical relation between retailers and suppliersin the food industry whereby retailers exercise seller power in their relation with consumersand buyer power in their relation with producers. We then evaluate the degree of pricetransmission, relative to the...

This paper is concerned with the impact of food scares, principally the BSE crisis, in the UK and focuses on price adjustment at different stages in a vertically-related market. Our interest is motivated primarily by the presence of market power that is alleged to occur in UK food retailing....