Showing 1 - 10 of 1,653
Persistent link: https://www.econbiz.de/10011549638
We find that stricter merger control legislation increases abnormal announcement returns of targets in bank mergers by … 7 percentage points. Analyzing potential explanations for this result, we document an increase in the pre-merger … other banks. Other merger properties, including the size and risk profile of targets, the geographic overlap of merging …
Persistent link: https://www.econbiz.de/10011518760
Persistent link: https://www.econbiz.de/10012211961
We analyze the effects of structural remedies on merger activity in a Cournot oligopoly when the antitrust agency … induces strictly price-decreasing mergers. Finally, under incomplete information an effcient merger type is to be doomed to …
Persistent link: https://www.econbiz.de/10010340565
This paper analyzes a merger of large manufacturers with divestiture in the French coffee market. In contrast to …
Persistent link: https://www.econbiz.de/10014561412
Persistent link: https://www.econbiz.de/10011660022
Antitrust authorities all over the world are concerned if a particularly aggressive competitor, a "maverick", is bought out of the market. One plausible determinant of acting as a maverick is behavioral: the maverick derives utility from acting competitively. We test this conjecture in the lab....
Persistent link: https://www.econbiz.de/10009779217
Persistent link: https://www.econbiz.de/10015460474
post-merger R&D efforts (including lower expenditure). SIEIC is distinct from the mainstream unilateral effects theory of … recently, the European Commission (“Commission”) used its powers under the EU Merger Regulation (“EUMR”) to impose remedies in … the Dow/DuPont merger. This was in part because of concerns that that the transaction “would be likely to significantly …
Persistent link: https://www.econbiz.de/10012852989
coordinated and unilateral competitive effects of merger. The central issue considered is when and how market shares, and market … concentration statistics derived from them, form an appropriate basis for presuming harm to competition from merger. This revision …
Persistent link: https://www.econbiz.de/10014047827