Recent merger cases show the European Commission’s increased interest in assessing local competition. In this article, published in the Journal of European Competition Law & Practice, Raphaël De Coninck and Mikaël Hervé discuss the economic principles underlying the Commission’s new customer-centric methodology, and shows how it could be further improved. Beyond local market definition and market share calculation, a wealth of empirical analyses can be conducted to better and more directly assess the likely impact of a transaction in local markets. For more information, click here.
Special interests vs. the public interest: The cost of STR restrictions on households, cities, and visitors
STRs have provided a competitive alternative to hotels, helping owners earn income and afford their homes. They also support local jobs and businesses and...