mergers. If this assumption held, a positive external effect of a proposed merger would represent a sufficient condition to … allow the merger. However, the empirical picture on mergers and acquisitions reveals a significant share of unprofitable …Standard analysis of mergers in oligopolies along the lines of the popular Farrell-Shapiro-Framework (FSF) relies …

This paper analyzes the effects of a merger between a German supermarket chain and a soft discounter on consumer prices … indicate that both insiders and outsiders raised average prices after the merger, particularly in regions with high expected …

induces strictly price-decreasing mergers. -- Remedies ; Divestiture ; Merger Control ; Oligopoly ; Synergies …We analyze the effects of structural remedies on merger activity in a Cournot oligopoly when the antitrust agency … applies a consumer surplus standard. Remedies increase the scope for pro table and acceptable mergers, while divestitures to …

In this review of retrospective European merger studies we provide a discussion of the price effect of analysed mergers … and examine whether the antitrust agency made the right decisions. We find that remedied mergers, on average, were not … followed by a price-increase, suggesting that, in our sample, merger interventions were effective at eliminating problems. High …

Australia’s merger control regime recently returned to spotlight following recent statements by Chair of Australia …’s Competition and Consumer Commission (ACCC), Rod Sims, that Australia’s current merger laws are ‘failing to adequately protect … competition’. This note provides an overview of the development of Australia's current merger laws and an evaluation of the ACCCs …

The 2010 revision of the Merger Guidelines highlighted the importance of both economic modeling of the post-merger … sufficient data, it is possible to see how actual merger analyses are using this information. Two samples are studied. For 16 … recent merger litigations (all enjoined), sophisticated economic modeling is credited as relevant in eight court decisions …

, and addresses policy concerns about merger efficiencies, error costs, the impact of heighted scrutiny of such mergers on …Mergers involving nascent competition are a hot topic in antitrust circles, especially in light of the pending FTC case … majority of such mergers are likely to be benign or procompetitive, some might be very harmful to competition and economic …

This article addresses the application of the economic literature on merger simulation to the practical context of … why antitrust agencies should rely on these approaches to identify mergers for in-depth review, and why courts should be … consistent with the direction in which the U.S. horizontal merger guidelines are evolving …

We consider merger remedies of the U.S. Department of Justice's Antitrust Division and the U.S. Federal Trade …