Using a sample of 167 mergers during the period 1990-2002 involving 544 firms either as merging firms or competitors … case of anticompetitive mergers. …

merging and rival firms’ stocks to quantify the profitability effects of mergers and merger control decisions. We back up … assess merger control’s effectiveness. By using data gathered from several sources and employing different evaluation … techniques, we analyze the economic effects of the European Commission’s (EC) merger control decisions and distinguish between …

the period 1990–2002 to assess the effectiveness of European merger control. The basic idea is to relate announcement and … decision abnormal returns. Under a set of four maintained assumptions, merger control might be interpreted to be effective if … rents accruing due to the increased market power observed around the merger announcement are reversed by the antitrust …

the period 1990-2002 to assess the effectiveness of European merger control. The basic idea is to relate announcement and … decision abnormal returns. Under a set of four maintained assumptions, merger control might be interpreted to be effective if … rents accruing due to the increased market power observed around the merger announcement are reversed by the antitrust …

There are legal grounds to hear competitors in merger control proceedings, and competitor involvement has gained … in EU merger cases and give an overview of the legal discussion in the EU and US. …

Mergers that substantially lessen competition are challenged by antitrust authorities. Instead of blocking … mergers that were under the European Commission’s scrutiny from 1990 to 2002. We use an event study methodology to identify … the potential anticompetitive effects of mergers as well as the remedial provisions on these transactions. Stock market …

. However, prohibiting mergers, which sends a clear signal to the market, happens all too rarely. Aufgabe der Fusionskontrolle …The role of merger control is to protect the interests of consumers over those of major corporations. To improve this … protection, European merger control underwent comprehensive reforms in 2004. The aim was to increase the importance of economic …

We propose a general framework to assess merger policy effectiveness based on standard oligopoly theory and stock …) reversion of anti-competitive rents, and 4) deterrence. We apply this framework to 368 merger cases scrutinized by the European … Commission (EC) between 1990 and 2007. To evaluate the economic impact of the change in European merger legislation, we compare …

164 EU merger control decisions and evaluate the anti-competitive consequences of these mergers from the reaction of the …The objective of this paper is to investigate the determinants of EU merger control decisions. We consider a sample of …>ZUSAMMENFASSUNG - (Die politische Ökonomie der europäischen Fusionskontrolle: Evidenz anhand von Aktienmarkt-Daten) <br> In diesem Beitrag …

tools; and 4) deterrence of anti-competitive mergers. To infer the economic impact of the merger policy reform, we compare …Based on a database of 326 merger cases scrutinized by the European Commission between 1990 and 2007, we evaluate the … economic impact of the change in European merger legislation in 2004. We ?rst propose a general framework to assess merger …