In the last decade, the domestic U.S. airline industry has experienced a substantial consolidation trend. In addition to a number of high level mergers such as American Airlines – Trans World Airlines (2001),…
According to the European Court of Justice, any citizen or business who suffered harm as a result of a breach of the antitrust rules of the European Union (EU) should be able to obtain compensation from the…
Since 2004, the European Commission (EC) has taken a number of steps to develop a legal framework that allows victims of EU antitrust infringements to obtain compensation. In its Green Paper on damages actions…
In this paper, we estimate the effect of subsidies granted by the Flemish government(northern region of Belgium) on R&D spending and R&D employment in recipient firms. As econometric treatment effects studies…
The provision of public goods often faces the problem that agents need to voluntarily decide on their own contributions or – alternatively – have to agree upon some desired provision level of the public good in…