This paper investigates the evolution of competition policy decisions in the US and, particularly, in the EU, concerning mandatory access to an essential facility held by a dominant firm. Based on some recent and controversial EU antitrust decisions, we outline a comprehensive test for...

In this paper we investigate a rationale for co-evolution of financial and technological structures in modern firms according to the Comparative Institutional Analysis Approach (CIA). Starting from the 'Transaction Costs Approach' (TCE) to the analysis of the relationship between corporate...

This paper challenges the traditional economic reasons supporting copyright licensing exclusivity in dealership agreements in media markets. It is argued how exclusive dealings in contents distributions acted in Europe as barriers to entry and/or raising rivals' costs strategies against new...

This paper challenges the traditional economic reasons supporting copyright licensing exclusivity in dealership agreements in media markets. It is argued how exclusive dealings in contents distributions acted in Europe as barriers to entry and/or raising rivals' costs strategies against new...

During negotiations, parties plan an exchange that will occur in the future and that implies a high level of uncertainty, regarding both contract conditions and final outcome. In this phase, parties are requested, according to country-specific legal framework, to act in good faith. As a matter...

Exit strategies referred to specific industry characteristics have been widely studied in the economic literature (Harrigan, 1980; Ghemawat et al., 1985, 1990; Lieberman, 1990; Reynolds, 1988; Fundenberg et al., 1989; Baptista et al., 2006). These studies show that exit dynamics – by setting new boundaries...

<em>Interaction between Corporate Tax and Corporate Governance</em> - A Comparison between IRES 2003 and IRES 2007 This paper studies the interaction between tax system and corporate governance, investigating the change in distortionary effects produced on companies’ financial choices by the last two...

A number of regional initiatives have recently revived the Italian broadband sector, although their fortunes vary depending on governance, market and geographical issues. However, all these initiatives jointly succeeded in sparking a heated debate on how public–private interplay can facilitate...

<em>Corporate Governance and Tax System: Interest Divergence between Insider-Outsider and Risk</em> - This paper studies the interest diversion that arises, between insider and outsider in the corporation governance, when taking into account the effects determined by tax system. Very similar statutory...