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The duration of merger proceedings held by competition authorities is an important determinant of the efficiency of the … entire merger control process. We use a dataset of 2953 Phase I and 92 Phase II investigations completed by the European … also provide evidence that the significant increase in average duration identified after the 2004 merger regulation reform …
Persistent link: https://www.econbiz.de/10011314564
In June 2008, the European Commission (EC) was enabled to introduce a settlement procedure that aims at promoting the procedural efficiency of cartel enforcement in the European Union (EU). We use a data set consisting of 84 cartels decided by the EC from 2000 to 2014 to empirically investigate...
Persistent link: https://www.econbiz.de/10011314566
The introduction of the European Union (EU) Settlement Procedure in 2008 aimed at promoting the procedural efficiency of cartel investigations by the European Commission (EC). We use a data set consisting of 579 firms groups convicted by the EC for cartelization from 2000 to 2015 to investigate...
Persistent link: https://www.econbiz.de/10011419925
breakdowns with the three years afterwards. Second, for the subset of horizontal mergers, merger activity is found to increase …We investigate the impact of cartel breakdowns on merger activity. Merging information on cartel cases decided by the … European Commission (EC) between 2000 and 2011 with a detailed data set of worldwide merger activity, we find that, first, the …
Persistent link: https://www.econbiz.de/10010313123
consider the effects of a horizontal merger on other competition variables such as product variety, marketing as well as R …The paper develops a four-step framework to detect anticompetitive horizontal mergers. In the first step, an estimate … of the impact of the merger on the market price needs to be derived. Subsequent, the second step of the framework has to …
Persistent link: https://www.econbiz.de/10010298688
breakdowns with the three years afterwards. Second, for the subset of horizontal mergers, merger activity is found to increase …We investigate the impact of cartel breakdowns on merger activity. Merging information on cartel cases decided by the … European Commission (EC) between 2000 and 2011 with a detailed data set of worldwide merger activity, we find that, first, the …
Persistent link: https://www.econbiz.de/10010985664
consider the effects of a horizontal merger on other competition variables such as product variety, marketing as well as R …The paper develops a four-step framework to detect anticompetitive horizontal mergers. In the first step, an estimate … of the impact of the merger on the market price needs to be derived. Subsequent, the second step of the framework has to …
Persistent link: https://www.econbiz.de/10005098244
to study both competitive interaction in general and the potential price effects of a recently announced merger of the … empirical results suggest short-term price increases on certain route types post-merger, it remains an open question whether the … merger should be classified as anticompetitive. …
Persistent link: https://www.econbiz.de/10011314563
We study competition in the German interurban bus industry two years after its liberalization in January 2013. In addition to a brief characterization of the liberalization process and several general market developments, we provide a detailed analysis of selected market characteristics such as...
Persistent link: https://www.econbiz.de/10011314568
better matches of search ads are beneficial, I demonstrate that the mergers may have positive effects for consumers through …
Persistent link: https://www.econbiz.de/10010298703