Vermehrt übernehmen Algorithmen die Preissetzung für Unternehmen. Doch wie wirkt es sich auf die Dynamiken der Märkte aus, wenn nicht mehr ausschließlich Menschen das Wettbewerbsverhalten bestimmen? Welche Risiken gibt es und bedarf es einer Anpassung des Kartellrechts? Der Autor setzt sich...

Wie können ökonomische Erkenntnisse bei der Auslegung und Konkretisierung des Missbrauchsverbots nach Art. 102 AEUV besser genutzt werden? Diese Forschungsfrage beantwortet der Autor und kommt zu dem Ergebnis, dass der more economic approach in der Missbrauchsaufsicht gescheitert ist. Zum...

While in Europe the influence of the »More Economic Approach« has been extensively debated over the last twenty years, a fresh concept called behavioral antitrust was emerging in US competition law. This new approach assumes market actors who are not always rational, have limited will-power,...

This article examines the relationship between the environment, sustainability, and European competition law. It shows that the European Commission’s decisional practice not to exempt anticompetitive agreements under Article 101(3) TFEU is because it selectively prosecutes hardcore cartels....

After the failed merger of Alstom and Siemens - the two giants of Europe's railway manufacturing sector - the French and the German governments presented a manifesto with a set of radical proposals designed to reshape EU industrial and competition policy. In an article addressed to all European...

EU Competition Law has various evidentiary rules and presumptions relating to the existence of collusive activity. We consider the effect of these rules and presumptions on economic efficiency, and highlight two forms of inefficiency associated with existing adjectival law. Firstly, both under...

In the late 1990s, the European Commission embarked on a mission to bring EU competition policy more into line with contemporary economic theory. Over a period of ten years, it systematically revised key legal concepts of all three pillars of EU competition law. Most importantly, it adopted the...