Over the past two decades, the financial services industry has experienced a significant increase in competition and internal rivalry. Driven by deregulation and advances in information technologies, many historical institutional distinctions among financial intermediaries have disappeared or...

[...]In dem Diskussionspapier geht es um die Frage, ob die Empfehlung den nationalen Regulierungsbehörden genügend Freiraum einräumt, nationale Besonderheiten in ihren Marktanalysen zu berücksichtigen. Im Rahmen dieses Diskussionsbeitrages wird zu-nächst kurz die Relevante-Markt-Empfehlung...

This paper deals with competition and regulation in the telecommunications sector.

European Union countries have implemented widespread reforms to product markets in order to stimulate competition, innovation and economic growth. We provide empirical evidence that the reforms carried out under the EU Single Market Programme (SMP) were associated with increased product market...