Im Rahmen der Verwirklichung des „more economic approach“ in der europäischen Wettbewerbspolitik hat die Europäische Kommission im Dezember 2005 umfangreiche Vorschläge zur Neugestaltung der Missbrauchsaufsicht vorgestellt. Im vorliegenden Beitrag werden diese Vorschläge in ihren...

The following paper deals on the problems of time inconsistency in connection with the stability and growth pact. The authors conclude that the current practice of application of the stability and growth pact is not appropriate for reducing the problems of time inconsistency. The stability pact...

By applying the concepts of institutional and constitutional economics, this paper addresses the question to what extent a reform of the stability pact will be efficient and appropriate. The starting point of the analysis is the assumption that the stability pact will yield disciplining effects...

The European competition policy can look back at a successful forty-year old practice of application by the European Commission. However, non-competition factors in the competition policy has become more and more relevant with the increasing importance of the so called positive integration. In a...