The advance of digital technology is changing the nature of markets, enhancing the capacity of corporations to extract more consumers' surplus and lower the wages paid to workers. The rise of new technology has also diminished the efficacy of traditional laws to regulate firms and corporations....

In Katsoulacos et al. (2015) we examined the welfare properties of a number of monetary penalty regimes for tackling cartels, including revenue-based penalties, the most widely used regime. We showed that for a typical industry overcharge-based penalties welfare-dominate the others. However...

The advance of digital technology is changing the nature of markets, enhancing the capacity of corporations to extract more consumers' surplus and lower the wages paid to workers. The rise of new technology has also diminished the efficacy of traditional laws to regulate firms and corporations....

Der vorliegende Beitrag diskutiert die Schnittstelle zwischen Recht und Ökonomik in der Wettbewerbspolitik. Aus einer ökonomischen Perspektive werden Ansätze zu einer institutionenökonomischen Analyse der Kartellrechtsdurchsetzung betrachtet. Im Rahmen einer positiven Institutionenökonomik...

Collaborative standardisation and SEP Licensing: a EU policy perspective / G. Bruzzone & S. Capozzi -- Economic considerations on mergers, IPR licensing and litigation : A EU perspective / C. Caffarra & P. Régibeau -- Alternative dispute resolution in FRAND licensing : economic considerations...

The protection of a "system of undistorted competition" within the internal market is one of the core elements of EU law that institutionalizes economic integration. The addressees of the prohibitions regarding restraints of competition such as Articles 101 and 102 TFEU are "undertakings". Hence...

This paper develops a model of the birth and death of cartels in the presence of enforcement activities by a Competition Authority (CA). We distinguish three sets of interventions: (a) detecting, prosecuting and penalizing cartels; (b) actions that aim to stop cartel activity in the short-term,...

"Technical standards are ubiquitous in the modern networked economy. They allow products made and sold by different vendors to interoperate with little to no consumer effort and enable new market entrants to innovate on top of established technology platforms. This groundbreaking volume, edited...

"Based on a unique and comprehensive database, The Shaping of EU Competition Law combines qualitative and quantitative approaches to shed light on the evolution of EU competition law. It brings a new perspective to some of the most topical issues in the field including due process and the...

"Laws prohibiting unilateral anticompetitive conduct have been the subject of vigorous international debate for decades, as policymakers, antitrust scholars and agencies continue to disagree over how best to regulate the market conduct of a single firm with substantial market power. Katharine...

Die Entsorgungswirtschaft wird mehr als viele andere Branchen von staatlichen Regulierungsmaßnahmen geprägt. Um einem drohenden Entsorgungsnotstand entgegenzuwirken, entschloß sich die Bundesregierung Anfang der neunziger Jahre zu einer Neuordnung der Abfallwirtschaft. Mit der Einführung von...

Die vorliegende Arbeit will einen ökonomischen Beitrag zur Diskussion über die Zugangsgewährung zu monopolistischen Engpaßeinrichtungen und die damit verbundene Öffnung von angrenzenden Märkten für Wettbewerb leisten, die bislang vornehmlich juristisch geprägt ist. Ziel der Arbeit ist...

The main goal of this academic paper is to provide an assessment of the current Antitrust regulatory framework in Serbia along with an analysis of Antitrust Commission practice in this field. This paper comprises of five sections. The first section focuses on the general provisions of Antitrust...