This study has been commissioned by the Competition Directorate- General of the European Commission (from hereon DG Competition) to develop “a detailed methodological approach for the ex-post review of European Commission decisions in the field of merger control, namely for assessing the...

Um den Richtern in den Mitgliedstaaten bei der Anwendung des Beihilferechts zu helfen, hat dieGeneraldirektion Wettbewerb die wichtigsten EU-Vorschriften für staatliche Beihilfen und dieentsprechenden Orientierungshilfen der Kommission zusammengestellt. Andere Sprachfassungen dieserUnterlagen...

This is a report on aspects of the interface between competition law and patent law. Competition authorities have long been aware of the potentially difficult relationship between these two bodies of Law. At the level of the EU, this relationship has already been abundantly discussed in both the...

Diese Studie befasst sich mit der Rolle der Sozialpartner und des sozialen Dialogs in der Industriepolitik auf nationaler und EU-Ebene. Es werden die politische Richtung angesichts der wirtschaftlichen Rezession und insbesondere die Frage untersucht, wie die bestehenden politischen Instrumente...

This paper compares securities settlement gross and netting architectures. It studies settlement risk arising from exogenous operational delays and compares settlement failures between the two architectures as functions of the length of the settlement interval under different market conditions....

We compute average mark-ups as a measure of market power throughout time and study their interaction with fiscal policy and macroeconomic variables in a VAR framework. From impulse-response functions the results, with annual data for a set of 14 OECD countries covering the period 1970-2007, show...

We investigate the wage-setting behavior of French companies using an ad-hoc survey conducted specifically for this study. Our main results are the following. i) Wages are changed infrequently. The mean duration of wage contracts is one year. Wage changesoccur at regular intervals during the...