Conflicts between antidumping and antitrust law in the EC

Antidumping policy aims at protecting single firms or industries from distortions in trade with third countries. A broad definition of dumping can, however, lead to protectionist measures which conflict with antitrust policy. To what extent is this the case in the EC?     

Assessing GIS for retail location planning

Proprietary GIS is rapidly becoming a popular tool in the retail industry for site location analysis. GIS vendors have been quick to exploit this market. At the same time, however, vendors have recognized the limitations concerning the level of spatial analysis available in many of these packages, and have invested in new techniques to add to the kitbag of available GIS solutions. The aim of this paper is to critically evaluate the use of proprietary GIS for retail location planning, using data built up for the city of Leeds in the UK. The paper addresses the appropriateness of simple functions such as mapping, overlay and ‘buffer and overlay’, which have been used in many examples of retail planning. Following this appraisal, we move on to look at more ‘sophisticated’ techniques, such as spatial interaction models, which have only recently begun to appear in proprietary GIS, but to date have received very little evaluation in the literature. In particular, we examine the ease of use of such methods and compare their results with much simpler forms of analysis. Finally, we compare the results from models run within GIS packages with those from more customized software.     

Large Shareholdings and Corporate Control: An Analysis of Stake Purchases by French Holding Companies

The paper analyses the value creation benefits of the holding form of organisation in France by empirically examining the effects of non-controlling stake purchases on target shareholder wealth, operational performance and bidder shareholder returns for a sample of 122 stake purchases in French listed companies. The evidence puts into question the ability of holding companies to create value for the firms they purchase stakes in or their own shareholders, adding to the current debate on the relative role played by large shareholders and the external market for corporate control as ultimate disciplining devices.     

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