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 …

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 …

concentrations during the period 1990-2002 to assess the effectiveness of European merger control. We analyze the economic effects of … the European Commission's merger control decisions and distinguish between prohibitions, clearances with commitments … quantify the profitability effects of mergers and merger control decisions. The basic idea is to relate announcement and …

prohibitions completely reverse the rents measured around a merger's announcement. On average, remedies seem to be only partially … Commission appears to learn over time. -- Merger Control ; Remedies ; European Commission ; Event Studies … the period 1990-2002 to assess the effectiveness of European merger control. The basic idea is to relate announcement and …

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 …

, we contrast a measure of the merger's profitability based on event studies with one based on accounting data. We find …

There is a growing concern that U.S. merger control may have been too lenient, but empirical evidence remains limited … reviewing the use and challenges of event studies in merger analysis, I use a novel application of Hoberg-Phillips (2010, 2016 ….S. mergers between 1997 and 2017. I document that following a merger announcement, the most likely competitors experience on …