Abstract: Both in US antitrust and EU competition policy a development to a broader appli-cation of rule of reason instead of per se rules can be observed. In the European discussion the attempt to base competition policy on a "more economic approach" is mainly viewed as im-proving the economic...

This article challenges the assumption that from an economic perspective the distribution of value (be it surplus or well-being) between parties in voluntary transactions matters at most for instrumental reasons — that is, for increasing the size of the pie. This assumption is probably the...

Obwohl es dem Konzept des Soft Paternalismus gelang, die Aufmerksamkeit auf die Bedeutung verhaltensökonomischer Erkenntnisse und die verhaltensbeeinflussende Wirkung von 'weichen' Politikinstrumenten wie Default rules zu lenken, wird gezeigt, dass der Soft Paternalismus nur einen sehr...

The discussion about appropriate legal rules for the digital economy has raised the question of the ownership of non-personal data, e.g. in the context of value networks of firms, smart manufacturing and connected cars. The article analyzes from an economic perspective whether there is a need...

The digitalisation of the economy with data as the new critical resource is a technological revolution which requires an adaptation of the legal framework for markets and the economy. This paper analyzes the privacy concerns in the digital economy from an economics perspective. What can we learn...