This paper evaluates the price effects of the merger of two major UK book retailers. We use a dataset containing monthly scanner data on a sample of 200 books in 50 local markets for four years around the merger. We compare the price changes after the merger in shops located in areas where both...

We estimate the deterrence effects of European Commission (EC) merger policy instruments over the 1990–2009 period. Our empirical results suggest phase-1 remedies uniquely generate robust deterrence as - unlike phase-1 withdrawals, phase-2 remedies, and preventions - phase-1 remedies lead to...

Foundational to management is the idea that organizational decisions are a function of expected outcomes; hence, the customary empirical approach to employ multivariate techniques that regress performance outcome variables on discrete measures of organizational choices (e.g., investments,...

[Introduction] Competition policy, i.e. the design and enforcement of competition rules, is a cornerstone of European Union policy designed to enhance European integration and foster growth. Among the different areas of the European Commission’s (EC) antitrust enforcement, i.e. collusion,...

Besonders in Großstädten wird die Wohnsituation in Deutschland oft als problematisch wahrgenommen, etwa durch hohe Mieten bei Neuvermietungen und einem Mangel an verfügbarem Wohnraum. Gestützt auf Langzeitdaten des SOEP untersucht der Bericht, welche Rolle die Wohnsituation für die...

This paper empirically evaluates the price effects of the merger of two major book retail chains in the UK: Waterstone's and Ottakar's. We employ differences-in-differences techniques and use a rich dataset containing monthly scanner data information on a sample of 200 books sold in 60 stores in...

We study the effect of a merger in a dynamic high-technology industry–the videogame market– which is characterized by frequent introduction of new products. To assess the impact of the merger between two large specialist retailers in the UK, we perform a difference-in-differences analysis...