Advanced economic instruments like simulation models are enjoying an increased popularity in practical antitrust. There is hope that they being quantitative predictive economic evidence can substitute for qualitative structural analysis and lead to unambiguous results. This paper demonstrates...

We review the Bundeskartellamt (Federal Cartel Office Germany) decision on the proposed merger between Springer and ProSiebenSat.1 from an economic point of view. In doing so, it is not our goal to analyse whether the controversial decision by the Bundeskartellamt has been correct or flawed from...

We demonstrate that the popular Farrell-Shapiro-Framework (FSF) for the analysis of mergers in oligopolies relies regarding its policy conclusions sensitively on the assumption that rational agents will only propose privately profitable mergers. If this assumption held, a positive external...

Computational antitrust is gaining high attention from competition authorities worldwide. In this paper, we examine the promises and downsides of merger simulations as a tool of computational antitrust. In doing this, we first provide an overview of the working mechanisms of the merger...

Transnational mergers represent a major challenge for the coming of an international competition policy regime, particularly concerning its features and governance modes. The paper shows that neither an uniform world merger control nor a neglect of any international policy coordination can...

Unilateral effects analysis has been the single most important innovation in merger control driven by economic theory in recent years. In practice, this requires the use of sophisticated economic tools such as simulation models, which facilitate the quantification of short-term merger effects....