We study the effect of a merger between two Dutch supermarket chains to assess its effect on the depth as well as … composition of assortment. We adopt a difference-in-differences strategy that exploits local variation in the merger’s effects …, controlling for selection on observables through a matching procedure when defining our control group. We show that the merger led …

This paper presents a broad retrospective evaluation of mergers and merger decisions in the digital sector. We first … theories of harm in major merger cases in the past few years. We then analyse the characteristics of almost 300 acquisitions … particularly young, being four-years-old or younger in nearly 60% of cases at the time of the acquisition. Finally, we examine two …

-level uncertainty is characterized by a pecking order: the announcement of a domestic takeover leads to a reduction in the uncertainty … investments whose returns take time to materialize …

time, the model predicts that foreign investors deduct the economic value of learning from wages of inexperienced workers …