This doctoral thesis examines three aspects of industrial safety in the British labour market – the impact of industrial accidents on manufacturing industry wages during the 1970s; the basis for and impact of changes in English common law and employers’ liability rules on the accident rates...

This paper examines the effectiveness of the administrative fines imposed by the European Commission on cartels from an economic perspective. It reviews the theory, practice, and evidence of optimal fines and assesses whether the European Commission fines, leniency, and settlement procedures...

This paper provides an overview of recent developments in algorithmic antitrust, and the economics and legal issues raised in the areas of abuse of dominance, algorithmic pricing and collusion, and mergers and acquisition. The general theme is that while much has been made of the possible...

""Cartel Damages" represents a comprehensive practical guide on the law, economics, and measurement of cartel damages under UK and European competition laws. It draws together the most recent research on cartels, economic analysis, empirical techniques, case law, and legislation to examine how...

Some legal academics have claimed that ‘machine collusion’ – tacit collusion generated by self-learning pricing algorithms without human involvement - is a real threat that will go uncheck by current antitrust. Half a decade after these claims received wide publicity the only evidence are...

The case for a greener antitrust is weak and flawed. It is largely abstract, hypothetical, legalistic, somewhat emotive, and lacks supporting evidence. Its proponents claim that the European Commission’s enforcement of Article 101 TFEU blocks efficient industry-initiated cooperation to improve...

Friedrich A. von Hayek’s (1899-1992) view of competition as a discovery process is well known but little used. His central thesis is that a competitive pricing system is the most effective way to coordinate economic activity and economise on the information held by market participants in a...

In dealing with telecom operator and internet mergers in the late 1990s the European Commission adopted a pessimistic view of competition based on the then emerging theory of network effects. This paper takes a short and critical look at the Commission's use of network effects theory, and its...