In the last two decades, airline alliances were not only successful in extending the size of their networks, but also received approvals by public authorities to intensify their cooperation through to merger-like revenue-sharing joint ventures (JVs). We empirically investigate the impact of the...

The introduction of the European Union (EU) Settlement Procedure in 2008 aimed at promoting the procedural efficiency of cartel investigations by the European Commission (EC). We use a data set consisting of 579 firms groups convicted by the EC for cartelization from 2000 to 2015 to investigate...

Two years after the deregulation of the German interurban bus industry in January 2013, two new entrants emerged as market leaders: MeinFernbus (MFB) and FlixBus (FB). We use a comprehensive route-level data set to investigate the determinants of route entry for both providers. Applying survival...

We investigate the characteristics of cities gaining access to the German interurban bus network in the first two years following the deregulation of the industry in January 2013. Applying both parametric and semi-parametric survival models, we find strong evidence that the probability of a city...

The paper develops a four-step framework to detect anticompetitive horizontal mergers. In the first step, an estimate of the impact of the merger on the market price needs to be derived. Subsequent, the second step of the framework has to assess whether such a predicted price increase would be...

Abstract: Verstöße gegen Vorschriften des Wettbewerbsrechts gehen regelmäßig mit einer Schädigung vor- oder nachgelagerter Wirtschaftsstufen einher. Die Urteile ‚Courage’ und ‚Manfredi’, intensive Bemühungen der EU-Kommission, die Rahmenbedingungen für die private Durchsetzung...