Relocation of production to countries with low labour cost have induced increased labour market flexibility, which has been praised as a silver bullet for economic growth and low unemployment. Within a unionised oligopoly framework, in which a multi-national firm has the option to relocate its...

Katz (1987), DeGraba (1990), and Yoshida (2000) have formulated theories that price discrimination bans in intermediary goods markets tend to have positive effects on allocative, dynamic and productive efficiency, respectively. We show that none of these results is robust vis-à-vis endogenous...

We re-examine the view that a ban on price discrimination in input markets is particularly desirable in the presence of buyer power. This argument crucially depends on an inverse relationship between downstream firms' profits and the uniform input price. Assuming different input efficiencies...

Die Rolle sogenannter Gatekeeper in der digitalen Medienwelt wird aktuell sowohl in Wissenschaftskreisen als auch Netz- und Medienpolitik vehement und kontrovers diskutiert. Gehen von den Gatekeepern der digitalen Welt wie Google, Apple, Youtube, Facebook, Twitter etc. besondere Gefahren fur den...