The last few decades have witnessed substantial liberalization trends in various industries and countries. Starting with the deregulation of the US airline industry in 1978, regulatory restructuring took place in further network industries such as telecommunications, electricity or railways in various countries around the world. Although most of the liberalization movements were initially triggered by the worrying performances of the respective regulatory frameworks, increases in competition and corresponding improvements in allocative and productive efficiency were typically associated with the respective liberalization efforts. From an academic perspective, the transition from regulated industries to liberalized industries has attracted a substantial amount of research reflected in many books and research articles which can be distilled to three main questions: (1) What are the forces that have given rise to regulatory reform? (2) What is the structure of the regulatory change which has occurred to date and is likely to occur in the immediate future? (3) What have been the effects on industry efficiency, prices and profits of the reforms which have occurred to date? Liberalization in Aviation brings together renowned academics and practitioners from around the world to address all three questions and draw policy conclusions. The book is divided into five sections, in turn dealing with aspects of competition in various liberalized markets, the emergence and growth of low-cost carriers, horizontal mergers and alliances, infrastructures, and concluding with economic assessments of liberalization steps so far and proposed steps in the future.

Over the past fifteen years, the optimal enforcement of EU competition law has become a major concern. This book contains a unique collection of articles by lawyers and economists on current issues in the public and private enforcement of competition law. Public enforcement has been strengthened in numerous ways for example, through the introduction of a leniency programme and a substantial increase in fines for competition law violations. At the same time the EU Commission has been promoting private enforcement for example, by developing a legal framework that grants victims of EU antitrust law infringements access to compensation.

The contributions in this book address a range of topics in the area of competition law enforcement, including the role of fines and leniency programmes in public enforcement; access to evidence and the quantification of damages in private enforcement; and the interaction between public and private enforcement of competition law in Europe."

Competition policy is an integral and prominent part of economic policy-making in the European Union. The EU Treaty prescribes its member states to conduct economic policy 'in accordance with the principle of an open market economy with free competition'. More precisely, the goal of EU competition policy is "to defend and develop effective competition in the common market" (European Commission, 2000: 7). Under its Commissioners van Miert, Monti and, most - cently, Kroes the EU Commission has stepped up its effort to pursue and achieve the aforementioned goal. A number of so-called hard-core cartels, such as the - torious "vitamin cartel" led by Roche, have been detected, tried in violation of Art. 81 of the Maastricht Accord and punished with severe fines. Also Microsoft was hit hard by the strong hand of the Commission having been severely fined for - ploiting a dominant market position. Economic analysis has been playing an increasingly significant role in the Commission's examination of competition law cases. This holds true in particular for merger control. Here, however, the Commission has had to accept some poi- ant defeats in court, such as the Court's reversals of Airtours-First Choice or GE- Honeywell. Among other things, the European Court of Justice found the e- nomic analysis as conducted by the EU's Directorate General for Competition to be flawed and the conclusions drawn not to be convincing. These rejections by the courts have stirred up the scholarly debate on the conceptual foundations of Eu- pean competition policy.

Kartelle fugen Volkswirtschaften weltweit schwere oekonomische Schaden zu, die nicht nur aus Preiserhoehungen fur die entsprechenden Guter oder Dienstleistungen bestehen, sondern gleichzeitig auch reduzierte Anreize zu Innovationen in den betroffenen Branchen umfassen. Die Aufdeckung und Verfolgung illegaler Absprachen ist daher oberstes Ziel von Wettbewerbsbehoerden. Dabei spielen Instrumente und Massnahmen wie die Einfuhrung bzw. Reform von Kronzeugenprogrammen oder die Erweiterung von Bussgeldkatalogen eine wichtige Rolle. Dieses Lehrbuch vermittelt einen umfassenden UEberblick uber Kartelle aus oekonomischer Sicht. Es betrachtet sowohl Theorien zur Kartellbildung und -stabilitat als auch die institutionelle Ausgestaltung wettbewerbspolitischer Instrumente und Massnahmen. Durch empirische Analysen auf Basis umfassender Datensatze werden zugrundeliegende oekonomische Zusammenhange aufgezeigt und veranschaulicht. Es richtet sich sowohl an Studierende der Wirtschafts- und Rechtswissenschaften als auch an interessierte Praktikerinnen und Praktiker. Zusatzliche Fragen per App: Laden Sie die Springer Nature Flashcards-App kostenlos herunter und nutzen Sie exklusives Zusatzmaterial, um Ihr Wissen zu prufen.

Kai Huschelrath analysiert und beurteilt Moglichkeiten zur Verbesserung des Zuteilungsverfahrens fur Start- und Landerechte an Flughafen unter Beachtung okonomischer, politischer, rechtlicher und technischer Anforderungen."