For purposes of this subpart: Bank holding company means any company that controls a bank (as provided in section 2 of the Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.)). Consultant. For purposes of this subpart, a consultant for a national bank, savings association, bank holding company, savings and loan holding company, or other company shall include only an individual who works d...

Introduction Much of what has been called in the Economics literature “natural” monopolies is now evolving into varying forms of open competition. Such development raises interesting questions for pricing, appropriate extent of deregulation, and in particular the use of market information by different stakeholders. Monopolies that depend on legislation to be sustainable, whenever deregulated, w...

We study the impact of internal decision-making structures on the stability of collusive agreements. To this end, we use a three-firm spatial competition model where two firms belong to the same holding company. The holding company can decide to set prices itself or to delegate this decision to its local units. If collusion breaks down, the holding company may relocate its two local units. It t...

This paper aims to present the size and structure of passive income payments, such as dividends, interest, royalty fees for intangible services, made by companies domiciled in Poland belonging a multinational enterprises (MNE) group. The authors formulate hypothesis that tax jurisdictions offering extensive legal incentives holding structures, particular concerning treatment dividends other wit...