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This paper presents a broad retrospective evaluation of mergers and merger decisions in the digital sector. We first … investigated mergers and whether a more effective merger control regime can be achieved within the current legal framework. … theories of harm in major merger cases in the past few years. We then analyse the characteristics of almost 300 acquisitions …
Persistent link: https://www.econbiz.de/10012179784
This paper presents a broad retrospective evaluation of mergers and merger decisions in the digital sector. We first … investigated mergers and whether a more effective merger control regime can be achieved within the current legal framework. … theories of harm in major merger cases in the past few years. We then analyse the characteristics of almost 300 acquisitions …
Persistent link: https://www.econbiz.de/10012152708
proactive sector/industry investigations as well es merger control in relation to non-horizontal mergers and acquisitions. … der Wettbewerbspolitik an. Damit zeigt der Beitrag, dass dynamische Wettbewerbstheorien sehr wohl zu konkreten … Regulierung systemischer Marktmacht in digitalen Ökosystemen, anlassunabhängige Wettbewerbspolitik und sanktionsbewehrte …
Persistent link: https://www.econbiz.de/10014547794
ein ministererlaubtes Kartell häufig weniger starke negative Wettbewerbswirkungen hätte, als eine irreversible Fusion. Aus … instrument of ministerial approval for mergers under Section 42 GWB, the Federal Minister of Economics could grant an exemption … ministerial cartel and ministerial approval for mergers, which shows that a ministerially approved cartel is likely to burden less …
Persistent link: https://www.econbiz.de/10012264937
-called more economic approach in the 2000s). This contribution reviews the state of the art in antitrust-oriented modern … industrial economics and, in particular, critically discusses open questions and possible limits of basing antitrust on modern …
Persistent link: https://www.econbiz.de/10010321698
employment of merger simulation models in merger control procedures during the past almost 15 years. Merger simulation is …, nevertheless, still a very young and innovative instrument of antitrust and, therefore, its 'technical' potential is far from being … comprehensively exploited and teething problems in its practical use in the antitrust environment prevail. We provide a classification …
Persistent link: https://www.econbiz.de/10010321675
The literature identifies a significant drop in merger control enforcement activity on both sides of the Atlantic … economics suggest that a lack of 'fit' between the 'new' economic approach to merger control and the 'old' institutional … implicitly raising the standard of proof, leading to unattainable standards, virtually eroding merger control enforcement power …
Persistent link: https://www.econbiz.de/10010321676
. This development is documented by various research papers, high-level exchanges between antitrust experts as well as an … horizontal mergers and to discuss applications of critical loss analysis in recent cases. The results suggest that the …
Persistent link: https://www.econbiz.de/10010299843
This report studies the importance of efficiency gains from horizontal mergers. A general theme throughout this report … is that efficiency gains, and their pass-on to consumers, may vary substantially from merger to merger. For this reason … it seems appropriate to reconsider current practice in European merger control, which does not allow the merging parties …
Persistent link: https://www.econbiz.de/10010334755
This paper provides a comparative analysis of methods for the empirical ex post evaluation of merger control decisions … about the effects of systematic impact evaluations of merger decisions. …
Persistent link: https://www.econbiz.de/10010321697