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media content, including the AT&T-Time Warner and the Disney-Fox mergers. Using a theory-driven approach, we examine …, we address three research questions: (i) Is the current development of analyzing industry with its recent merger activity … merger control in this industry, as well as a more active abuse control against already vertically-integrated media companies. …
Persistent link: https://www.econbiz.de/10012011207
Persistent link: https://www.econbiz.de/10001568481
promises and downsides of merger simulations as a tool of computational antitrust. In doing this, we first provide an overview … of the working mechanisms of the merger simulation tool and then evaluate its implementation in competition policy … to reap considerable prospects of merger simulations as a computational antitrust tool …
Persistent link: https://www.econbiz.de/10014083491
Practices and conducts in professional and even amateur sports can be subject to competition laws as soon as commercial activities are involved. From an economic perspective, this implies that both directly commercial activities like the sale of broadcasting/media rights and indirectly...
Persistent link: https://www.econbiz.de/10011750292
assumption were held, a positive external effect of a proposed merger would represent a sufficient condition to allow the merger … theory, moreover, demonstrates that privately unprofitable mergers can be the result of rational action. Therefore, we drop … this restrictive assumption and allow for unprofitable mergers to occur. This exerts a considerable impact on merger policy …
Persistent link: https://www.econbiz.de/10011452858
mergers. If this assumption held, a positive external effect of a proposed merger would represent a sufficient condition to … allow the merger. However, the empirical picture on mergers and acquisitions reveals a significant share of unprofitable … mergers and economic theory, moreover, demonstrates that privately unprofitable mergers can be the result of rational action …
Persistent link: https://www.econbiz.de/10011492104
effects. -- merger simulation ; merger control ; antitrust ; oligopoly theory ; auction models ; mergers & acquisitions … employment of merger simulation models in merger control procedures during the past almost 15 years. Merger simulation is … of state-of-the-art merger simulation models and review their previous employment in merger cases as well as the problems …
Persistent link: https://www.econbiz.de/10003864445
effects. -- merger simulation ; merger control ; antitrust ; oligopoly theory ; auction models ; mergers & acquisitions … employment of merger simulation models in merger control procedures during the past almost 15 years. Merger simulation is … of state-of-the-art merger simulation models and review their previous employment in merger cases as well as the problems …
Persistent link: https://www.econbiz.de/10003821585
Mergers and acquisitions shape industry competition. Effective merger remedies are important for market efficiency and …-phase, bifurcated merger control system. This system integrates ex-ante processes with more systematic and comprehensive ex … merger control in dynamic markets. …
Persistent link: https://www.econbiz.de/10014376055
merger control could also benefit from an ORAM-style conception. …
Persistent link: https://www.econbiz.de/10012229920