The Liberalization of the EU Postal Market: What are the possible welfare effects? 1. Introduction In regulated industries‚ governments established Universal Service Providers (USPs) in the postal market in order to provide every inhabitant of a country with essential services. Many European Union (EU) member states decided that by the 1st of January 2009 the EU postal market should be liberalised‚ causing competition to increase. When competition rises within a specific market‚ usually‚ welfare
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Short Paper: EU Competition Policy Economic principles underlying EU competition policy Effective competition between suppliers is important in the way that it allows to reduce prices‚ improve the quality of goods‚ and enlarge the quantity of items provided for the consumers due to the process of innovation. The European Commission’s purpose is to ensure fair competition in European markets. It promotes economic efficiency‚ an optimal allocation of resources
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Why the EU decided to intervene and what they aimed to achieve from doing so is a huge topic and still an on-going discussion between many politicians One factor of the intervention was learnt from previous mistakes for example the non-intervention of Rwanda and Srebrenica massacre The Rwandan Genocide was the 1994 mass murder of an estimated 800‚000 people over the course of approximately 100 days‚ in the small East African Nation of Rwanda. This came about because of the longstanding ethic and
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I. Company Background Our Company Established in 1890 as a single-product brewery‚ San Miguel Corporation (San Miguel) is the Philippines’ largest beverage‚ food and packaging company. Today‚ the company has over 100 facilities in the Philippines‚ Southeast Asia‚ and China. One of the country’s premier business conglomerates‚ San Miguel’s extensive product portfolio includes over 400 products ranging from beer‚ hard liquor‚ juices‚ basic and processed meats‚ poultry‚ dairy products
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The European Union (EU) is an economic and political union of 28 member states that are located primarily in Europe.1 The EU operates through a system of supranational independent institutions and intergovernmental negotiated decisions by the member states.2 Institutions of the EU include the European Commission‚ the Council of the European Union‚ the European Council‚ the Court of Justice of the European Union‚ the European Central Bank‚ the Court of Auditors‚ and the European Parliament. The European
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Introduction The main question to consider is whether Turkey’s admission to the EU would be economically advantageous for the Union. I will start by giving you some information about the background of this debate‚ which is going on for quite some time now. Turkey’s application to accede to the European Union was already made in 1987. But by doing this‚ Turkey was not yet an official candidate. It was officially recognized as a candidate for full membership in 1999. The real negotiations about
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politically and economically tight European Union‚ the EU did not consider Turkey’s application until 1993. They were not a candidate country until 1999. The EU had outlined 35 chapters for the country to comply with before their admittance is decided on a vote. Though Turkey still has room to improve on several mandates as given by the EU‚ Turkish economic potential cannot be ignored. Europe and Turkey extensively trade between each other. Turkey and the EU already have free trade between each other. Turkey’s
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EU VS NAFTA EU WHAT: A unique economic and political partnership between 27 democratic European countries. The European Union is a political and economic union of twenty-seven member states‚ located primarily in Europe. The European economic community was initially established after world war 2 as governments agreed that to speed up the recovery process‚ cooperation in foreign policy and internal affairs were needed. Further integration and reforms among countries in Europe would eventually lead
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‘national interest’ (Bache and George 2006: 12). The creation of the EU however‚ can be said to go further than that of intergovernmentalism‚ and is more commonly described as being a ‘supranational’ organisation. Although it can be debated as to whether a supranational institution is beneficial for the national interest of the member states‚ Hoffman’s theory claims that when the powers of a supranational body‚ in this case the EU‚ increases‚ it does so because the governments of the member states
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or its member states. With this the ECJ has had no formal grounds on which to make its decisions and has therefore had to look outside the EC and into other sources of European law. The ECHR‚ although not signed by the EU as one body‚ is signed by all 25 members of EU and has a great deal of standing in each signatory state. The ECJ‚ when making its decisions has demonstrated that the ECHR is a valuable source. For example in the early case of Nold the ECJ examines the status of fundamental
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