prohibitions completely reverse the rents measured around a merger's announcement. On average, remedies seem to be only partially … 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 …

hypotheses on the effects that remedies are supposed to achieve depending on the merger's competitive outcome. We isolate several …Mergers that substantially lessen competition are challenged by antitrust authorities. Instead of blocking … to proceed with modifications that restore or preserve the competition in the involved markets. We study a sample of 167 …

hypotheses on the effects that remedies are supposed to achieve depending on the merger’s competitive outcome. We isolate several … verhandeln und die Fusion mit Auflagen zu genehmigen, durch die der Wettbewerb in den entsprechenden Märkten wieder hergestellt …Mergers that substantially lessen competition are challenged by antitrust authorities. Instead of blocking …

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 …

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 … assessment of the merger and the merger control decision. We then focus on four different dimensions of effectiveness: 1) legal …

prohibitions completely reverse the rents measured around a merger's announcement. On average, remedies seem to be only partially … 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 …

merger. Remedies are not always effective in solving the market power concerns, at least not on average. Nevertheless, both … structural (divestitures) and behavioral remedies do help restore effective competition when correctly applied to anticompetitive … assess merger control's effectiveness. By using data gathered from several sources and employing different evaluation …

Aufgabe der Fusionskontrolle ist es, die Interessen der Konsumenten großen Unternehmen gegenüber zu schützen. Um dies … besser zu ermöglichen, wurde die Europäische Fusionskontrolle 2004 einer umfassenden Reform unterzogen. Das Ziel war, den …The role of merger control is to protect the interests of consumers over those of major corporations. To improve this …

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 first propose a general framework to assess merger … assessment of the merger and the merger control decisions. We then focus on four different dimensions of effectiveness: 1) legal …

merger. Remedies are not always effective in solving the market power concerns, at least not on average. Nevertheless, both … structural (divestitures) and behavioral remedies do help restore effective competition when correctly applied to anticompetitive … assess merger control’s effectiveness. By using data gathered from several sources and employing different evaluation …