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...

The recent Impala Judgment by the CFI on the Sony/BMG Decision by the Commission represents the most important ruling on collective dominance since Airtours. We review both the Decision and the Judgment and derive implications for the institutional and substantive development of EU Merger...

An increasingly important part of contemporary merger control both in the US and the EU is unilateral effects analysis, particularly with regard to oligopolistic mergers. In practice, this requires econometric analyses of past market data and, above all, the construction of simulation models in...

Mit dem Inkrafttreten der novellierten Fusionskontrollverodnung hat der bisher tiefgreifendste Reformprozess der EU-Fusionskontrolle am 1. Mai 2004 seinen (vorläufigen) Abschluss gefunden. Anders als in der Literatur vorherrschend geht es in diesem Beitrag um eine ökonomische Betrachtung der...

Should the EU introduce an Optional European Contract Law Code and what should it look like? By applying economic theories of federalism and regulatory competition (legal federalism), it is shown why an Optional Code would be a very suitable legal instrument within a two-level European System of...

Die Globalisierung der Märkte und des Wettbewerbs sowie die damit einhergehenden Herausforderungen für die nationalstaatliche Wirtschaftspolitik werden seit einer Reihe von Jahren in der Wissenschaft wie in Politik und Gesellschaft intensiv diskutiert. Als Triebkräfte des ökonomischen...

For the European Commission the case of Ryanair is a precedence decision about the application of state aid policy on agreements between regional airports and airlines. In a long-term contract with the regional airport of Charleroi (near Brussels), the Irish lowcost airline Ryanair received...

The EU competition policy in regard to vertical restraints is mainly based upon neoclassical efficiency-oriented reasonings, leading to a neglect of the innovation dimension. This paper analyses to what extent evolutionary theories of competition and innovation economics can be used to derive...

Mit der rasant fortschreitenden Globalisierung und dem dynamischen Prozess der europä¬ischen Integration sind in den letzten zwei bis drei Jahrzehnten grundlegende traditionelle Denk¬kategorien über den Staat und die von ihm zu betreibende Wirtschaftspolitik systema¬tisch in Frage gestellt...