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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 …
Persistent link: https://www.econbiz.de/10014061864
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 decision. We then focus on four different dimensions of effectiveness: 1) legal …
Persistent link: https://www.econbiz.de/10008822615
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 …
Persistent link: https://www.econbiz.de/10009408081
Persistent link: https://www.econbiz.de/10008933717
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/10009551410
We evaluate the economic impact of the change in European merger legislation in 2004 and propose a general framework …
Persistent link: https://www.econbiz.de/10014188404
There are legal grounds to hear competitors in merger control proceedings, and competitor involvement has gained … significance. To what extent this is economically sensible is the focus of our game-theoretic analysis. The competition authority … of competitor involvement in EU merger cases and give an overview of the legal discussion in the EU and US …
Persistent link: https://www.econbiz.de/10012904429
There are legal grounds to hear competitors in merger control proceedings, and competitor involvement has gained … significance. To what extent this is economically sensible is our question. The competition authority applies some welfare standard … in EU merger cases and give an overview of the legal discussion in the EU and US. …
Persistent link: https://www.econbiz.de/10010492989
The paper studies the effects of the Pfizer and Pharmacia (2003) merger on competition in the Swiss pharmaceutical … market and compares the assessment of the Swiss Competition Commission (COMCO) with the post-merger market developments. We … find that the merger has had a miniscule impact on the Swiss pharmaceutical market. This has primarily to do with the fact …
Persistent link: https://www.econbiz.de/10013067970
The paper studies the effects of the Pfizer and Pharmacia (2003) merger on competition in the Swiss pharmaceutical … market and compares the assessment of the Swiss Competition Commission (COMCO) with the post-merger market developments. We … find that the merger has had a miniscule impact on the Swiss pharmaceutical market. This has primarily to do with the fact …
Persistent link: https://www.econbiz.de/10009011228