I study how antitrust concerns arising from product markets influence corporate disclosure in capital markets. While securities regulators encourage disclosure, product-market regulators discourage disclosure of competitively sensitive information. Thus, firms may refrain from disclosing such...

A central debate in economics concerns the relationship between competition and innovation, with some stressing that competition discourages innovation by reducing post-innovation rents and others emphasizing that more contestable markets spur currently dominant and other firms to invest more in...

This book brings together the work of researchers in Eastern and Western Europe, who analyze competitiveness, social exclusion and sustainability from a range of perspectives. It examines the key challenges faced by the EU in its efforts to establish a socially inclusive and greener path to...

This contributed volume focuses on competition policy enforcement in BRICS and developing counties. It examines the role and application of economic analysis and evidence in law enforcement procedures, as well as their influence on competition authorities’ policy-making. The contributors also...

This book demonstrates how economics is used in cases of competition in Japan. Competition between firms is usually the most effective way of allocating economic resources and achieving consumer and producer welfare. At the same time, a balance must be struck; firms must not be over-regulated,...

Since regaining independence in the early 1990s, Estonia, Latvia and Lithuania have developed effective competition policies, as part of a process toward achieving functioning market economies. All three countries have competition laws and competition agencies which enforce them. All three are...