Unilateral effects analysis has been the single most important innovation in merger control driven by economic theory in recent years. In practice, this requires the use of sophisticated economic tools such as simulation models, which facilitate the quantification of short-term merger effects....

The dominance of model-building in modern economics is far from a new finding. Marcel Boumans intends to separate himself from previous analyses by pursuing a specific focus, namely the development of a «separate methodology of models». To achieve this goal he focusses on the contributions by...

Ordoliberalism was undoubtedly a highly influential school of thought in the German-speaking economics profession and, perhaps even more so, in economic policy-making in postwar Germany. It has, however, always remained a local (or rather national) hero. Only in recent years, interest in...

The recent Impala Judgment by the CFI on the Sony/BMG Decision by the Commission represents the most important ruling on collective dominance since Airtours. We review both the Decision and the Judgment and derive implications for the institutional and substantive development of EU Merger...

This paper provides a positive analysis of the evolution of competence allocation within the EU Competition Policy System. In the EU, competition policy competences are ascribed both to the European level and to each Member State. In regard to securing a sound antitrust system, the allocation...