Charles Mackay's book "Extraordinary Popular Delusions and the Madness of Crowds" enjoys extraordinarily high renown in the financial industry and among the press and the public. It also has an extraordinarily low reputation among historians.This paper argues that Mackay's sins of commission...

Unless it remains in the single market via membership of the EEA or is able otherwise to negotiate special access terms, after Brexit the UK will have to fall back on the third country provisions of EU financial services regulation. This paper examines the complexities of the current Union...

Due to advances in data processing, the use of digital technology is now widespread in many sectors of the world economy. It is possible that, in the near future, only a few markets will remain unaffected by this new industrial revolution. Therefore, even though this new stage in human progress...

The first prong of Article 82 of the EC Treaty, which prohibits abuses of a dominant position, requires, prior to the identification of abusive behaviour, evidence that the firm under scrutiny enjoys a dominant position. Surprisingly, this issue seems to be sometimes overlooked. Enforcers,...

The economic features of digital markets and the strategic role played by large platforms represent the premises of a significant shift in the approach to the interface between antitrust and regulation, whereas traditionally the former has been seen as preferable to the latter. Indeed, several...

Recent societal developments such as the significant increase in female employment or digitalization challenge existing working time regimes. As part of its 2017/18 collective bargaining position, the IG Metall demanded a right to reduce working hours with partial wage compensation by the...