We discuss the main Theories of Harm in EU merger control and their evolution since the 1990s. We present stylised … adapted over time, both in terms of legislation and theories of harm, as well as in terms of the investigative tools and … brought about significant changes in the use of Theories of Harm. Unilateral theories are now used more frequently and have …

We discuss the main Theories of Harm in EU merger control and their evolution since the 1990s. We present stylised … adapted over time, both in terms of legislation and theories of harm, as well as in terms of the investigative tools and … brought about significant changes in the use of Theories of Harm. Unilateral theories are now used more frequently and have …

in the realization of collective harm. By manipulating the weight with which the damages caused by group contributions … periods (by deducting all unrealized harm at the end of the game) to avoid multiple equilibria. In a second treatment … when harm is deferred into the future. Our results also suggest that the driving mechanism behind this effect is not …

in the realization of collective harm. By manipulating the weight with which the damages caused by group contributions … periods (by deducting all unrealized harm at the end of the game) to avoid multiple equilibria. In a second treatment … when harm is deferred into the future. Our results also suggest that the driving mechanism behind this effect is not …