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

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 …

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 …

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 …

We evaluate the economic impact of the change in European merger legislation in 2004 and propose a general framework …