EU Merger Control between Law and Discretion: When Is An Impediment to Effective Competition Significant?

Merger Remedies in EU: Design under the Entire Competition Law Structure

The relationship between competition law and capital market in Iran

stock market is run by special regulations. accordingly, analyzing the issues about the relation between the competition law and capital market such as stock market officials and their boundaries in the context of setting, controlling and  enforcing rules, the generality or specificity of such rules, the controllability of stock market in comparison to the general competition rules and the stat...

Merger Control and Competition Policy in Central East Europe in view of EU Accession

1 Introduction This study reviews competition policy in Hungary, Poland, Romania and Slovenia. The general finding is that progress has been made in the course of accession negotiations with the European Union (EU). The countries under review follow the EU model of legislation, which itself is based on the German tradition of competition policy. Specific circumstances of transition from communi...

When is Discretion Superior to Timeless Perspective Policymaking?

The monetary policy literature assumes increasingly that policies are formulated according to the timeless perspective (Woodford, 1999a). However, treating the auxiliary state variables that characterize the timeless perspective equilibrium appropriately when evaluating policy performance, this paper shows that discretionary policymaking can be superior to timeless perspective policymaking and ...

When Is an Area Law Not an Area Law?

Entanglement entropy is typically proportional to area, but sometimes it acquires an additional logarithmic pre-factor. We offer some intuitive explanations for these facts.