Between 2002 and 2008 around 178,000 family businesses in Germany were handed over to new managing owners. This number represents around seven percent of all family businesses. A change of owners and managers…
Firm behavior is largely affected by the major institutions of an economy, like the legal system, civil liberties or political rights. If institutions are not well developed, ownership concentration as a feature…
We investigate consumer welfare in transalpine freight transport using micro-data on individual route choice, tackling two core questions. First, to what extent does the way we model unobserved heterogeneity…
After the liberalization of energy markets in Germany in the 1990s, many municipalities have sold their shares in local or regional electricity providers to private owners in order to reduce budget deficits.…
The telecommunication sector is influenced by various political powers: The European Parliament, together with the European Commission, fosters the European integration process in network-based markets and uses…
The European Telecom Regulatory system is a two-stage system where the European Parliament jointly with the European Commission (EC) and the member states determines the common regulatory system to be…
Telecommunication infrastructure availability at an adequate quality level has considerably changed communication habits since the 1990s. The physical infrastructure and its quality are the key pre-requisites…
The paper provides a comprehensive survey of the economics behind the fight against hard core cartels. Following an introductory section, Section 2 focuses on the characterisation and rationalisation of the term…
