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The digital economy's development poses questions unprecedented in their magnitude in potential market manipulations and manipulations of consumer choices. Deceptive and unfair strategies in consumer law may coexist and mutually reinforce each other with infringements in the field of...
Persistent link: https://www.econbiz.de/10013239132
Among other factors, one can assess the efficacy of a competition authority by its ability to choose and implement its remedies. Up until now, a dense economic literature has emerged on retrospective merger studies to measure the efficacy of merger control. Yet, little attention has been given...
Persistent link: https://www.econbiz.de/10013100057
Firm strategies cannot be analyzed without taking into consideration the legal framework which governs the relationships between economic agents, especially competition law. As a consequence, firms have to maneuver through a complex universe, taking account of both the rules of the economic game...
Persistent link: https://www.econbiz.de/10013100306
Firms operating in two-sided markets have to integrate in their optimal pricing structure the existence of indirect externalities across groups of consumers. Beyond direct externalities (network effects), such markets are characterized by the increasing value of the platform for the users on one...
Persistent link: https://www.econbiz.de/10013087117
In this article, we use a history of economic thought perspective to analyze the process by which the Chicago School of Antitrust emerged in the 1950s and became dominant in the US. We show the extent to which economic objectives and theoretical views shaped antitrust laws in their inception....
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This research analyzes the speeches and interviews of high-level European Central Bank decision-makers from 1997 to 2021 to identify clusters of prominent topics. Transparency is a crucial aspect of modern monetary policy, and public speeches and interviews by central bankers play a vital role...
Persistent link: https://www.econbiz.de/10014354026