PROTECTION OF COMPETITION - BLOCK EXEMPTIONS The main purpose of my thesis is to describe and analyze one aspect of a block exemption regulation for vertical agreements, namely resale price maintenance. The thesis is composed of six parts, one of them dealing with block exemptions in general and the rest of them focusing on resale price maintenance. Chapter one introduces the topic of block exemptions and explains the features of block exemptions that are common to all of them. Chapter two presents the definition of resale price maintenance and describes the difference between fixed, minimum, maximum and recommended prices. Chapter three describes economic theories, which have influence on legal treatment of resale price maintenance. The chapter is divided into three subchapters, whereas the first one explicates pro-competitive effects of resale price maintenance, the second one focuses on its anticompetitive effects and the third one summarizes the economic theories of impact of resale price maintenance. Chapter four examines the legal framework of resale price maintenance in European law. Firstly, it describes the treatment of fixed, minimum, recommended and maximum prices. Then it analyzes resale price maintenance as an object restriction and examines possible exemption under Article 101 (1) of...

PROTECTION OF COMPETITION - BLOCK EXEMPTIONS The purpose of my thesis is to describe and analyze regulation of block exemptions mainly in the light of Commission's Guidelines. The function of block exemptions is to exempt certain agreements from the prohibition of distortion of competition. The thesis is composed of five chapters, each of them dealing with different aspects related to the concept of block exemptions. First chapter is an introduction into the topic of protection of competition and explains basic principles and terminology. Chapter two deals with other exemptions from prohibition of distorting competition. The chapter is divided into four subchapters. The first one analyzes four aspects of the exemption under Article 101 (3) of the Treaty on the Functioning of the European Union. The second subchapter focuses on de minimis rule. Third subchapter deals with exemption in agriculture sector. Finally, the problem of block exemptions is briefly introduced. Third chapter follows the historic development of the concept of block exemptions both in European law and Czech law. Firstly, it describes the reasons for introduction of block exemptions by the Commission and then it focuses on the change of approach in year 2004, when ex post control was introduced. Second part of the chapter deals...

Exemptions from cartel prohibition English summary On 16 of December 2002 the European Commission adopted a Regulation Nr. 1/2003 on the implementation of the rules on competition laid down in Articles 81 and 82 of the Treaty which was revolutionary as it has totally changed the way of obtaining a legal exemption from a prohibition of cartel agreements contained in an article 81 section 1 of the EC Treaty. Before the Regulation the Commission granted its approval for exempting certain types of agreements which fulfilled the conditions under the article 81 section 3 of the EC Treaty, i.e. if they contribute to improving the production or distribution of goods or to promoting technical or economic progress, while allowing consumers a fair share of the resulting benefit, and which does not impose on the undertakings concerned restrictions which are not indispensable to the attainment of these objectives and afford such undertakings the possibility of eliminating competition in respect of a substantive part of the products in question. A weak point of such a regulation was that the Commission was permanently overloaded by numerous demands for declaration of inapplicability of a cartel prohibition. Therefore there was strong need to modify the system in order to make the work of the Commission more effective....

This dissertation examines the financial statement effects of firm attributes on the components of equity, the market reaction effects on key events in the adoption of IFRS, and the cumulative earnings response coefficient effect in the context of IFRS adoption in Canada. Firm attributes were tested for association with the adjustment to retained earnings at the transition date when first adopting International Financial Reporting Standards (IFRS.) Evidence from the analyses of the adjustment to retained earnings model revealed a statistically significant association between the adjustment to retained earnings and the firm attributes of volatility of income, internationality, and firm industry. Market reaction was measured for two key events of IFRS adoption: early adoption announcement and the release of first quarter financial results under IFRS. A negative mean for Cumulative Average Return (CAR) resulted from tests of both events. However, only the negative mean CAR from market’s reaction to the release of first quarter financial results under IFRS demonstrated statistical significance. The adjustment to retained earnings model used in this study developed a benchmark for tests of value relevance. In the test of value relevance, the benchmark or unexpected adjustment to retained earnings was tested against the actual adjustment to retained earnings for market reaction. The results from the tests of value relevance were not statistically significant. This study contributes to the literature by identifying firm factors: volatility of income, internationality, and industry as firm factors associated with the adjustment to retained earnings upon adoption of IFRS. Further, evidence from the event study demonstrates that the market reacts negatively to the adoption of IFRS and suggests that the Canadian market may not perceive IFRS as an improvement in financial reporting or a reduction in information asymmetry.

Diss. Stockholm : Handelshögsk., 2004.

This study seeks to examine whether a relation can be found between the number of shoreline exemptions and the development of Umeå municipalities population, or not. The weight of this paper will be focusing on the importance of place attractiveness and social place identity for people’s desires and ambitions to live near a lake or the coast. The policies of planning will also be highlighted in order to receive greater understanding of why people apply for shoreline exemptions. Four semi- structured interviews with planners from Umeå municipality were therefor held with the ambition to complement the quantitative findings of the development of exemptions. The presenting results indicates that an increase of shoreline exemptions can be stated as well as the actions within the exemptions. The population has steadily increased trough out the studied years, 2014-2017. The relation between these findings can be argued have had a similar development, but we cannot be sure to say that they solely affect each other. Therefor the findings will be explained by earlier research regarding residential preferences, the desire to live with water view and planning policies that responds to these factors.

This article aims to determine the extent for the regimen of administrative procedure of selection, in the framework of the Peruvian Public Procurement Law. In that way, by analyzing the juridical doctrine and the Supervisory Agency of Public Procurement’s pronouncements on the matter, it will be determined that we are facing and optional regime on exemptions. / El presente artículo busca determinar el alcance del régimen de exoneraciones de los procedimientos administrativos de selección, en el marco de la normativa de Contrataciones con el Estado en el Perú. En ese sentido, a través del análisis de la doctrina y de los pronunciamientos del Organismo Supervisor de las Contrataciones del Estado, se verificarási es que nos encontramos o no ante un régimen facultativo de exoneraciones.

This paper empirically estimates the effect of tax exemptions from the carbon tax and energy taxon emissions in Sweden. After the tax exemptions in 1992, carbon dioxide emissions from theSwedish industrial sector increased by, on average, over 34 percent, compared to a synthetic control unit constructed from a comparable group of OECD countries. The main finding is robust to various placebo tests, robustness tests and a dose-response test, suggesting that the tax exemptions are the driver of the result.

Personal income tax with the focus on tax exemptions and possibilities of tax reductions This thesis deals with the problematics of the personal income tax. The focus of this thesis is on possibilities of reductions of the tax or the tax base and on tax exemptions. The thesis is divided into six chapters. The first chapter explains the general concept of taxes, the history of taxes and the characteristics of the tax law. The author devoted the second chapter to the income tax, especially to its characteristics and its statutory regulation. Nowadays all regulation of the personal income tax is contained in one act, Act no. 586/1992 Coll., Income Tax Act. However, in the past the situation was different and therefore it is necessary to mention also the previous regulation, which was scattered into several acts and other legal regulations. The present Income Tax Act has been valid and effective for almost thirty years and it has been amended to a greater or smaller degree several times. The author mentions these amendments in connection with particular issues throughout the whole thesis in order to compare the present and the previous regulation. The third chapter deals with the theoretical view of taxes. The author writes about the characteristics of taxes in general and also about the special...

As a form of tax and expenditure limitations, property tax exemptions result in an utility gap between two groups of population residing in the same community: free-riders who are paying less than they receive and contributors who are paying more than they receive. This utility gap is problematic to municipalities because contributors may exit the city as this gap becomes wider. How do municipalities respond to the increasing amount of property tax exemptions? Using 41 Texas cities data from 2000 to 2016, this dissertation examines how property tax exemptions affect municipalities' fiscal behavior. The analysis indicates that property tax exemptions lead to higher property tax burden, change municipalities' revenue structure, and lead to less capital spending.