This study analyzed activism that leads to a merger or acquisition (M&A) of a firm to see its benefits for the …

This paper tests the effect of firms' mispricing and investment opportunities on the method of payment in mergers …. Using a new proxy for investment opportunities and a sample of 1,187 mergers completed between 1990 and 2005 among US … managers believe in the quality of the merger and care about the long-term value of the merged entity's shares (as predicted by …

India's Competition Act (2002) was amended in 2007, modifying inter alia the Act's thresholds for merger review, and … requiring mandatory rather than voluntary notification of mergers above the revised thresholds. This created considerable … opposition in international business and legal circles. Draft merger regulations proposed by the Competition Commission of India …

Most mergers involve multiple markets. The potential for settlement can vary by the fraction of the overall deal … attributable to the markets of concern. (i.e., by the “overlap”). If an antitrust agency challenges a merger having only a small … risks and time-delays) on the agency and firms. Given over 20 years of experience with modern merger analysis, it is …

Merger remedies are an area of increasing complexity around the world. They are also an area of increased focus by … competition authorities both with regard to process (particularly coordination) and substance. Mergers in high technology (high … remedies for the same behavior may lead to different outcomes. This essay examines what makes high tech mergers distinct …

The appropriate role of merger efficiencies remains unresolved in US antitrust law and policy. The Patient Protection … administrable legal approach to efficiency enhancing mergers. In this regard, horizontal hospital mergers present particularly … challenges for antitrust. Most hospital merger cases focus on cost based efficiencies, as does most of the academic empirical …

This article assesses the effectiveness of outlet divestitures as remedies in a merger between two large gasoline … retailers. Results show that divestitures are effective in disciplining the increase in margins generated by the merger, but … stations impacted by the merger. Interestingly, this density indicator is a good predictor of both the anticompetitive effect …

recognized the importance of innovation in many of their decisions, we are at a critical turning point for the future of merger …

without any merger scrutiny. The theoretical basis of this recommendation is the ‘failing firm defence’ which allows parties … to enter into mergers if they show that the exit of a firm from the market will be more harmful to competition than the … merger. This paper assesses the advisability of green-channelling IRPs through the lens of competition law. It examines the …

This article looks at the distribution of two EC merger procedural events and examines the effect of the indefinite …-length suspension of merger investigations. Although the ECMR refers to the suspension of investigations as an exceptional instrument … significant delay in the assessment of mergers. To understand the causes of delay, this article relies on the fact that the …