Economic evidence in EU competition Law

The use of economic theory and economic evidence in competition cases, their appropriate interpretation, meaning, impact, usefulness and validity are among the most challenging issues that judges and legal practitioners are facing in their daily decision-making. Notorious questions of, for example, how courts, practitioners and ...

Committed to reform?

pragmatic antitrust enforcement in electricity markets

A wave of antitrust scrutiny has swept across the European energy markets in recent years. For fear of drawn-out competition law investigations and high fines, targeted energy firms voluntarily offered far-reaching commitments to the European Commission, oftentimes selling off substantial parts of their business. The ...

Definition of the relevant market

(lack of) harmony between industrial economics and competition Law

Market definition plays a critical role in EC competition law, as the first step of any investigation into the nature of competition in a given industry. While not an end in itself, the definition of the relevant market serves to identify those products and areas ...

Rethinking the New York Convention

a Law economics approach

The New York Convention is regarded as one of the most successful treaties in the past fifty-five years. Its simplicity and brevity in wording but complexity and diversity in application have triggered endless discussions, debates and writings. Rethinking the New York Convention - A Law and ...

Patents as protection of traditional medical knowledge?

a Law and economics analysis

The protection of the knowledge and practises of local and indigenous groups has been discussed in various forums in recent times. International agreements such as the Convention on Biological Diversity address the importance of protecting traditional knowledge and practises, recognizing that this knowledge bears immense ...

Economic criteria for criminalization

optimizing enforcement in case of environmental violations

Why should criminal law be used to enforce environmental violations? Aren't administrative sanctions, particularly administrative fines, more efficient to use? This book examines the question why - from an economic perspective - society should enforce certain violations through criminal law, while others through private or administrative ...

Regulatory competition in european corporate and capital market Law

an empirical analysis

This book deals with regulatory competition in corporate and capital market law in Europe, i.e. the endeavor of national and supranational legislators to develop more attractive corporate legal forms and investment frameworks. It focuses on some recent national corporate law reforms, the newly introduced ...

Law and economics in the RIA world

improving the use of economic analysis in public policy and legislation

The use of economics in public policy, in the form of ex ante Regulatory Impact Analysis (RIA), is strongly advocated by international organizations such as the OECD and the World Bank. In the US and the EU, hundreds of RIAs are produced every year to ...

The Law and economics of organ procurement

Organ procurement systems are similar to in-kind economies characterized by severe restrictions and transaction costs in the absence of money because currently they are based on altruism and gift-giving. A sale prohibition imposed by the government, amplified by an increasing demand for transplants leads to ...

Group litigation in european competition Law

a Law and economics perspective

This book makes a valuable contribution to the current discussion regarding the private enforcement of competition law, particularly through the use of group litigation. Forms of group litigation are debated not only at the European level, but in countries worldwide. Policy makers, practitioners and academics ...

Behavioural economics in consumer policy

the economic analysis of standard terms in consumer contracts revisited

One of the main questions pertaining to policy interventions in consumer policy nowadays is: what to do with behavioural insights? It is that question that this research aims to answer, presenting a systematic research method for assessing policy questions from an economic and a behavioural ...