In this paper, we examine the inconclusive debate on regulatory competition in Europe. We demonstrate that the recent expansion in the EU company law has created archetypal underpinning for formation of regulatory competition: the ground-breaking "triptych" of the ECJ on Centros, Überseering,...

Die in den Jahren 2007 und 2008 ergangenen EuGH-Urteile in den Fällen Viking, Laval, Rüffert und Kommission gegen Luxemburg haben Irritationen in Politik und Verbänden hervorgerufen und eine kontroverse Diskussion zum Stand der europäischen Wirtschaftsintegration und zum Stellenwert der...

This paper investigates the effectiveness of the new Council Regulation (EC) 1/2003 which replaces the mandatory notification and authorization system by a legal exception system. Effectiveness is operationalized via the two subcriteria compliance to Art. 81 EC Treaty and the probabilities of...

This paper examines cartel overcharges for the European market. Using a sample of 191 overcharge estimates and several parametric and semi-parametric estimation procedures, the impact of different cartel characteristics and the market environment on the magnitude of overcharges is analyzed. The...