Showing 1 - 10 of 6,532
a merger to create value, it will usually be necessary that one or both parties is below minimum efficient scale or has … insight into a merger's true motives and its likelihood of creating value …
Persistent link: https://www.econbiz.de/10012920666
The applicability of the notion of killer acquisition to digital platforms has long been debated. The case of the proceedings brought by the U.S. DoJ against Visa is even more interesting insofar as it makes it possible to illustrate and discuss its different facets ranging from the notion of...
Persistent link: https://www.econbiz.de/10013242472
Persistent link: https://www.econbiz.de/10012008107
Will an industry with no antitrust policy converge to monopoly, competition or somewhere in between? We analyze this question using a dynamic dominant firm model with rational agents, endogenous mergers and constant returns to scale production. We find that perfect competition and monopoly are...
Persistent link: https://www.econbiz.de/10014215799
the government's challenge to the merger of AT&T and Time Warner. It was the trial court's fundamental ruling at the close … deeply broken our merger law is. It was among the more remarkable demonstrations of anti-govenrment bias in living memory …
Persistent link: https://www.econbiz.de/10012891289
This article aims at studying the economic dimension of the bargaining process in merger control by using the latest … results from the literature. After recalling the classic typology of merger remedies, we look at what is at stake in the … negotiation between merging parties and the competition authority. The tradeoff between merger remedies, efficiency gains expected …
Persistent link: https://www.econbiz.de/10013106253
The accuracy and efficacy of merger control are important questions that have long posed challenges for policy … evaluation. The growing number of merger retrospectives provide an opportunity to conduct such an analysis since they measure the … outcomes of actual mergers. This paper compiles all available merger retrospectives that meet scholarly criteria, resulting in …
Persistent link: https://www.econbiz.de/10013092193
The effects of mergers on the media marketplace have historically failed to live up to dire predictions. Mergers are often a response to technological upheaval and turbulence in the media industry and firms should be allowed to experiment with such alternative business models with the intent on...
Persistent link: https://www.econbiz.de/10013070497
in current merger enforcement rules, particularly with respect to tech and pharma acquisitions involving nascent and … and enforcers have called for tougher rules, including the introduction of lower merger filing thresholds and substantive … number of false positives under existing merger rules and thresholds. While merger enforcement ought to be mindful of these …
Persistent link: https://www.econbiz.de/10013216624
the results in the existing merger literature on integrated markets). Although the sum of consumer surplus across the …
Persistent link: https://www.econbiz.de/10014191629