Imagine if Europe decided to fling open its doors to genetically modified organisms. Could it guarantee that consumers could still choose between products with and without GMOs? How? A panel of more than 200 researchers worked for four years on these questions. According to their conclusions,...

This article focuses on the changes in attitude and venture capital provision that the author believes are necessary to rekindle the spirit of entrepreneurship in Europe. The article goes on to discuss technology clusters and the role of stock markets. It then describes the way the...

This article analyses the political economy of state aid in the European Union (EU) using the concepts of economic patriotism and models of capitalism. State aid is analysed as a form of economic patriotism, which is conceived here as economic interventions which seek, by a number of means, to...

Our society can benefit immensely from algorithmic decision-making and similar types of artificial intelligence. But algorithmic decision-making can also have discriminatory effects. This paper examines that problem, using online price differentiation as an example of algorithmic...

We analyze the impact of trade policy uncertainty on investment in the euro area. Our identification strategy assumes that countries that are relatively more dependent on global trade networks exhibit a higher sensitivity of investment with respect to trade uncertainty. We find that the...

This chapter provides an alternative basis for the economic analysis of competition law from conventional neoclassical theory. It makes three primary points.First, markets—and processes of price formation in particular—are always governed. There is no “free market” in which prices...

This paper suggests that international roaming markets suffer from structural flaws in the way that roaming agreements are established in Europe. The initial roaming interventions by the European Commission in 2007 have been very welfare enhancing and the transfer of producer surplus to...

Over the last years, several reports highlighted the market power of very large online platforms that are gatekeeping intermediaries between businesses and consumers, and the difficulty for classic competition policy tools to deal effectively with anti-competitive practices in these platforms....

Many economists, politicians and strategy analysts notice that the rise of China or emergence of BRIC countries as a new powerhouse may pose a threat to Europe's or U.S. role in the global economy. But many also argue that the standard of living in Europe can be preserved amid Europe's thought...

The defense of unlimited economic growth as the main objective to be achieved has been questioned for decades and with even more intensity in recent years. In this context, the Sharing Economy’s initiatives have dramatically increased. This study expands our current understanding of driving...