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Wirkungen auf die Marktstruktur. Sie reduzieren nicht einfach die Zahl der Wettbewerber in einem Markt, sondern durch Fusionen … Unternehmen vor der Fusion. Wir zeigen in dieser Arbeit, dass horizontale Fusion von Unternehmen aus diesen Gründen profitabel für … die fusionierenden Unternehmen und wohlfahrtserhöhend wirken kann, selbst dann, wenn es durch die Fusion keinerlei …
Persistent link: https://www.econbiz.de/10010307515
, consequently, the relevance of simple checklists in merger control can be questioned. …
Persistent link: https://www.econbiz.de/10010320138
We review the Bundeskartellamt (Federal Cartel Office Germany) decision on the proposed merger between Springer and …-economic approach in European merger control, a particular thorough line of argumentation, backed with particularly convincing economic … evidence, is necessary to justify a prohibition of a conglomerate merger from an economic point of view. Against this …
Persistent link: https://www.econbiz.de/10010265759
We review the Bundeskartellamt (Federal Cartel Office Germany) decision on the proposed merger between Springer and …-economic approach in European merger control, a particular thorough line of argumen-tation, backed with particularly convincing economic … evidence, is necessary to justify a pro-hibition of a conglomerate merger from an economic point of view. Against this …
Persistent link: https://www.econbiz.de/10010300231
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 …
Persistent link: https://www.econbiz.de/10010333760
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 … and limitations currently associated with their use in merger control. In summary, merger simulation models represent an …
Persistent link: https://www.econbiz.de/10010321675
Der Deal der beiden größten deutschen Energielieferanten RWE und E.ON zum Tausch verschiedener Geschäftseinheiten, welcher Mitte September 2019 genehmigt wurde, wird den deutschen Energiemarkt wesentlich umstrukturieren und sowohl im Bereich Erzeugung als auch im Vertrieb zu jeweils einem...
Persistent link: https://www.econbiz.de/10014503499
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 …
Persistent link: https://www.econbiz.de/10010309223
that some welfare increasing mergers will be blocked. This is optimal, if the relevant alternative to the merger is another …
Persistent link: https://www.econbiz.de/10010320142
Sektoruntersuchungen, sowie die Fusionskontrolle nicht-horizontaler Zusammenschlüsse. … proactive sector/industry investigations as well es merger control in relation to non-horizontal mergers and acquisitions. …
Persistent link: https://www.econbiz.de/10014547794