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This paper reviews alleged societal benefits and costs of International Investment Agreements (IIAs) as suggested by academia, governments, business and civil society. It sets out the wide range of issues that diverse actors have proposed in the context of assessing the societal benefits and...
Persistent link: https://www.econbiz.de/10011821959
. The antitrust agency’s incentives to produce evidence on the efficiency of a merger proposal depend critically on its …
Persistent link: https://www.econbiz.de/10012438354
, the intensity of local competition and the standard of living. Perception data from the World Economic Forum is used to … effectiveness explain a substantial part of the perception of the effectiveness of antitrust policy. During the first years of (new … further improvement of their application performance after a certain time. The effectiveness of antitrust policy has a …
Persistent link: https://www.econbiz.de/10012735898
We show that the number of merger proposals (frequency-based deterrence) is a more appropriate indicator of underlying changes in merger policy than the relative anti-competitiveness of merger proposals (composition-based deterrence). This has strong implications for the empirical analysis of...
Persistent link: https://www.econbiz.de/10013155108
We hand-collect and standardize information describing all 3,055 antitrust lawsuits brought by the Department of … economic outcomes of a non-tradable industry in states targeted by DOJ antitrust lawsuits to outcomes of the same industry in … other states that were not targeted. We document that DOJ antitrust enforcement actions permanently increase employment by 5 …
Persistent link: https://www.econbiz.de/10014337831
This paper analyses all final merger decisions by the European Commission from the beginning of 1990 up to the end of 2019. We use a novel dataset, containing information about 6245 merger cases from all economic sectors and combining all sorts of decisions, inclusive of withdrawn and prohibited...
Persistent link: https://www.econbiz.de/10013380857
the surface. We nonetheless conclude that Bill Kovacic has passed with flying colors the work-study program of Antitrust …
Persistent link: https://www.econbiz.de/10014167309
Do the antitrust law enforcement activities of the US Department of Justice act as exogenous "technology shocks", an … essential element of real business cycle theory that hitherto has eluded direct empirical corroboration, or as "markup shocks … of federal antitrust intervention: the ratio of the Antitrust Division's budgetary expenditures to GDP as well as the …
Persistent link: https://www.econbiz.de/10014224206
In most jurisdictions, antitrust fines are based on affected commerce rather than on collusive profits, and in some …
Persistent link: https://www.econbiz.de/10014079197
indicators of market performance, in order to understand whether the presence of an antitrust authority has a significant impact …
Persistent link: https://www.econbiz.de/10012856713