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 … average number of all merger transactions increase by up to 51 percent when comparing the three years before the cartel …

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 …

probability that a bank is taken over as a function of bank and country characteristics and the transparency of merger control … regulatory process is transparent. Particularly large banks seem to be less likely to be taken over by foreign banks if merger …

Although there is anecdotal evidence that merger control may constitute a barrier to the integration of European retail … dataset on the transparency on merger control in the EU banking sector, we estimate the probability that a bank is taken over … as a function of its characteristics, country characteristics and the transparency of merger control in the banking …

The paper studies the effects of the Pfizer and Pharmacia (2003) merger on competition in the Swiss pharmaceutical … market and compares the assessment of the Swiss Competition Commission (COMCO) with the post-merger market developments. We … find that the merger has had a miniscule impact on the Swiss pharmaceutical market. This has primarily to do with the fact …

. Systematic empirical evidence on the role of merger control as barrier to M&A is, however, still missing. The main problem is the … lack of data on the scope for politicians and supervisors to block M&A during merger control. The main contribution of this … transparency of merger control. The main source of information is a questionnaire that was sent to the supervisors in the 25 EU …