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There is a growing concern that U.S. merger control may have been too lenient, but empirical evidence remains limited … reviewing the use and challenges of event studies in merger analysis, I use a novel application of Hoberg-Phillips (2010, 2016 ….S. mergers between 1997 and 2017. I document that following a merger announcement, the most likely competitors experience on …
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competition, respectively. …
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The institutional design of federal merger review in the United States leads to systematic underenforcement of merger … law. This is so even though substantive merger law is relatively well settled, most mergers are not anticompetitive, and … that raise significant competitive issues, and where the analysis of the merger's likely consequences turns on highly fact …
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account in merger policy. Although we can show in our study that in one third of all challenged mergers also innovation …
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account in merger policy. Although we can show in our study that in one third of all challenged mergers also innovation …
Persistent link: https://www.econbiz.de/10010404134
decision. With a strong federal government that has extensive competences for regulation, merger control on competition grounds … procedures for merger control. We describe the main constituencies (both internal and external) involved in merger control in … both jurisdictions and discuss how a typical merger case would be handled under these procedures. At each stage, we …
Persistent link: https://www.econbiz.de/10010238374
reasoning and the benefits of including the economics of dynamic and evolutionary competition. -- Merger control ; unilateral …An increasingly important part of contemporary merger control both in the US and the EU is unilateral effects analysis … merger between the software firms Oracle and PeopleSoft in 2003/04 has been the most important instance of parallel …
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