This paper analyzes current account (CA) developments in the following 10 new EU members states: Czech Republic, Bulgaria, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia and Slovenia. During the last 15 years, these countries, on average, have run CA deficits that are...

Current anti-predation rules are designed to detect and prevent actions that are only taken to drive out a rival. We evaluate the performance of these rules in a simple entry game. We find that the rules used by competition authorities fail to encourage sustained competition in the market....

The reallocation of radio spectrum to valuable new and emerging technologies and services is essential to achieving the next wave of productivity and consumer benefits driven by ICT. Currently spectrum is not allocated to the most valuable uses, particularly the large amount of spectrum held for...

This article examines the UK Regional Selective Assistance scheme, and critically appraises on-going reforms. These reforms have been triggered by the process of redrawing the map of eligible areas within new European Commission competition policy guidelines. A recent UK government White Paper...

The aim of this paper is to present some findings from a study on the development of competition policy in Sweden since 1945. The comprehensive questions are about the view on knowledge in competition policy, the trust to the Swedish model, the change of the model and what has replaced it, and...

In 1998, Britain carried out the reform of competition policy legislation, which was the largest in the past twenty-five years. This paper examines the policy-making process leading to that reform and discusses the factors driving the movement. Since the original nationally-specific system was...

This paper examines the development of Japanese competition policy in the 1990s. While there are certain signs of Japan’s transition to more stringent competition policy largely as the result of the Structural Impediment Initiative with the United States in 1989, they should not be understood...

The European Court of Justice’s definition of when a firm has a dominant position <p> has recently come under attack as being meaningless and impossible to measure. We argue that <p> both attacks are wrong, suggest an economic interpretation of domination and propose how it may <p> be measured using...</p></p></p>