Empirical evidence suggests that many mergers do not increase profits of the participating firms and decrease welfare. Due to the globalization of markets we should take an international view on mergers and their welfare effects. This paper develops a Bertrand-model of an international...

Cloud-Computing umschreibt einen fundamentalen Wandel im Bereich der Informations- und Kommunikationstechnologien (IKT). Zunehmend werden Softwareanwendungen, aber auch Hardwarefunktionen wie Speicherplatz und Rechenkapazität nicht mehr zur dauerhaften Nutzung an einem lokalen Computer...

The US government has decidedly moved towards encouraging co-operation in research and development (R&D) between firms, universities, and other research institutes since the early 1980s. The Republican Administration in the early 1980s set the stage for a radical shift in market environment...

This paper explores the various policies implemented in Italy to foster innovative activities and to regulate the technological effects on market competition and Intellectual Property Rights (IPR). Research promotion has primarily taken the form of facilitated credits and grants to stimulate R&D...

Since the early 2000s, there has been rapid growth in the number and spread of supermarkets in southern Africa. This paper is a synthesis of key findings of studies undertaken in Botswana, South Africa, Zambia, and Zimbabwe on the expansion of supermarkets and the impact this has had on...

We examine the relation between consumer search and equilibrium prices when collusion is endogenously determined. We develop a theoretical model and show that average price is a U-shaped function of the measure of searchers: prices are highest when there are no searchers (local monopoly power)...

Free!! Google and Facebook!!! We all know them, what to worry about? Everything! The giants of the internet are expanding into every corner of the economy, politics and our lives. They control the majority of digital advertising; Alphabet, Google's parent, and Facebook receive more than 60...

Free!! Google and Facebook!!! We all know them, what to worry about? Everything! The giants of the internet are expanding into every corner of the economy, politics and our lives. They control the majority of digital advertising; Alphabet, Google's parent, and Facebook receive more than 60...

Die im vorliegenden Regierungsentwurf angestrebte Liberalisierung der Stromwirtschaft beinhaltet die Schaffung eines Durchleitungsmodells unter grundsätzlicher Partizipation aller Endkundenkategorien. Widerstand gegen den Regierungsentwurf formiert sich insbesondere in den Reihen der kommunalen...

Gegenstand des Beitrages sind die Umstrukturierungen der Stromwirtschaft in Kalifornien. Im Gefolge der Entwicklungen auf der Bundesebene - dem Energy Policy Act von 1992 und der neueren Politik der Federal Energy Regulatory Commission - hat die kalifornische Regulierungskommission Maßnahmen...