We propose a general framework to assess merger policy effectiveness based on standard oligopoly theory and stock …) reversion of anti-competitive rents, and 4) deterrence. We apply this framework to 368 merger cases scrutinized by the European … Commission (EC) between 1990 and 2007. To evaluate the economic impact of the change in European merger legislation, we compare …

164 EU merger control decisions and evaluate the anti-competitive consequences of these mergers from the reaction of the …The objective of this paper is to investigate the determinants of EU merger control decisions. We consider a sample of …>ZUSAMMENFASSUNG - (Die politische Ökonomie der europäischen Fusionskontrolle: Evidenz anhand von Aktienmarkt-Daten) <br> In diesem Beitrag …

, enhanced the efficiency of European merger control in the sense that the Commission’s assessments of mergers under the new …The main goal of this paper is to empirically test the function of European merger control in light of the 2004 … regulatory reform, which was expected to introduce a more efficient regulatory framework for the assessment of mergers within the …

The main goal of this paper is to provide an analysis of key regulatory changes in the European merger control and to … evaluate their real impact on the efficiency of merger regulation. Our main contribution is an empirical analysis of a unique … representative sample of 161 horizontal mergers covering the final regulatory assessments during the period from 1990 to 2008. We use …

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 ?rst propose a general framework to assess merger …

Aufgabe der Fusionskontrolle ist es, die Interessen der Konsumenten großen Unternehmen gegenüber zu schützen. Um dies … besser zu ermöglichen, wurde die Europäische Fusionskontrolle 2004 einer umfassenden Reform unterzogen. Das Ziel war, den …The role of merger control is to protect the interests of consumers over those of major corporations. To improve this …

. Johannes-Tobias Lorenz analysiert Mergers & Acquisitions europäischer Banken zwischen 1990 und 2002. Er untersucht die …

process in capital markets. Using U.S. capital market data, he investigates the importance of mergers and acquisitions (MA … process in capital markets. Using U.S. capital market data, he investigates the importance of mergers and acquisitions (MA …