The European Commission approved the acquisition of Orange Austria by Hutchison 3G Austria, subject to the divestment of frequencies and a commitment to offer low wholesale access fees to mobile virtual network operators (MVNOs). CRA advised Orange Austria throughout proceedings with the EC and Austrian competition authority, which focused on the potential price effects resulting from the reduction of the number of network operators in the Austrian mobile telecommunications market from four to three. The approved remedy package is expected to reduce entry barriers for potential new entrants and encourage competition at the retail level.
What happens when AI sets wages
The authors fed 60,000 freelancer profiles into eight widely used LLMs, asking each model to recommend an hourly rate. From hourly wage setting to testing for...