Read what we write

Our economists publish research papers, write notes and make presentations on projects we have worked on. Have a look to our publications below:

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10 March 2026 - Report , Airlines, Airport, Competition Economics, Competition Policy, Guidelines, State Aid

Evaluation Support Study for the Revision of the Guidelines on State Aid to Airports and Airlines

This Study supports the revision of the EU Guidelines on State Aid to Airports and Airlines in light of evolving market dynamics, the impact of COVID-19, and the challenges of the green transition for the European aviation sector. Evidence was collected through literature review, data analysis, stakeholder consultations, and six case studies. The findings show […] Read more

11 October 2024 - Articles, Lear Competition Notes , Competition Economics

Does Domestic Competition Help EU Firms Compete Abroad?

In a survey of nearly 400 European firms that export abroad, Elena Argentesi, Livia De Simone, Stephan Paetz, Vincenzo Scrutinio find that most firms believe that competition forces them to produce cheaper and higher quality products and services, allowing them to be more competitive in foreign markets.

15 March 2022 - Lear Competition Notes , Competition Economics, critical loss, Local competition, relevant geographic market

From the catchment area to the relevant market . A model of geographic market definition based on critical loss analysis

Competition authorities throughout the EEA employ a variety of methodologies to define local geographic markets in mergers involving grocery retailers. In doing so, however, several authorities neglect the competitive constraint posed by competing stores located outside a given shop’s catchment area. We suggest an accurate, consistent, and resource-efficient approach.

28 October 2021 - Articles , Antitrust, antitrustlaw, Competition Economics, Competition law

The virtue of an imperfect competition law

Imperfect competition is not necessarily a curse. It evokes an environment in which firms compete on multiple dimensions to satisfy heterogeneous consumer preferences. This can create a tension between conflicting social objectives. Inevitably, we must decide which of these objectives should guide competition law. In making this decision, we must accept that it is impossible […] Read more

7 April 2021 - Lear Competition Notes , Competition Economics, Mergers

The mode of competition: where to start and when you stop in merger analysis

“The best way to begin an economic analysis is to ask a relevant question. In a merger analysis the relevant question is: will the post-merger new entity have the ability and the incentive to exert a higher market power? But which analyses are best suited to answer these questions? This note argues that the best […] Read more

10 February 2021 - Research Papers , Cartels, Competition Economics, Damages, Leniency, private enforcement, public enforcement

Leniency and Damages: Where Is the Conflict?

Damage actions may reduce leniency programs’ attractiveness for cartel participants if their cooperation with the competition authority increases the chance that the cartel’s victims will sue them. This apparent conflict between public and private antitrust enforcement led to calls for a legal compromise. We show that the conflict is due to the legislation, and a […] Read more

4 May 2018 - Articles , Antitrust, Competition Economics, Mergers

Concorrenza, mercato e diritto dei consumatori

The volume aims at providing a comprehensive view on competition law and consumer protection, also in light of the most recent case law. The volume also looks at the interaction between law and economics when it comes to competition matters. Paolo and Salvatore have written two chapters, one on the role of economics in merger […] Read more