tools; and 4) deterrence of anti-competitive mergers. To infer the economic impact of the merger policy reform, we compare …Based on a database of 326 merger cases scrutinized by the European Commission between 1990 and 2007, we evaluate the … economic impact of the change in European merger legislation in 2004. We first propose a general framework to assess merger …

The duration of merger proceedings held by competition authorities is an important determinant of the efficiency of the … entire merger control process. We use a dataset of 2953 Phase I and 92 Phase II investigations completed by the European … also provide evidence that the significant increase in average duration identified after the 2004 merger regulation reform …

acquisitions to ensure more merger reviews in the digital sector (art. 14 DMA). The regulation relies on the ability of the Member … States to refer to the Commission under article 22 EUMR a merger that does not meet the national merger thresholds. The … and the merging parties identify mergers that are appropriate for a referral. While the guidance is flexible, it is …

This research modifies the well-known three-stage merger simulation procedure of Nevo (2000) by replacing demand … analysis in the first stage with survey-generated diversion ratios and own-price elasticities. We also provide a post-merger … filing cases for mergers, where the competition enforcers can only have access to these two firms’ data most of the time …