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antitrust merger law currently works and how proposed legislative changes to antitrust may threaten the innovative VC … motivations of VCs. In so doing, it identifies the drivers of entrepreneurial innovation and explain why changes to merger law may … merger law may have negative effects on the entire entrepreneurial ecosystem and hinder US innovation …
Persistent link: https://www.econbiz.de/10013222750
Monday-morning assessments of antitrust merger trial outcomes are common. Critics of a court decision blocking a merger … Act’s prohibition of mergers whose effects “may be to substantially lessen competition, or tend to create a monopoly ….” Similarly, in the wake of an adjudicated merger that is allowed to proceed, critics may argue that the judiciary has become too …
Persistent link: https://www.econbiz.de/10013238158
Threat of punishment is considered a deterrent force, which ensures the sustainability of post-merger tacit … never be as perfect and simple in reality. Punishment plays an ambivalent role in post-merger coordination. More realistic … introduce in their 2010 Horizontal Merger Guidelines the theory of parallel accommodating conduct, which relies on individual …
Persistent link: https://www.econbiz.de/10013087712
A merger between two innovation competitors is often suspected to reduce the variety of heterogeneous entities which … to light whether firms can indeed be expected to create or maintain "diversity" post-merger. By focusing on the strategic …
Persistent link: https://www.econbiz.de/10010226326
In this journal, James Langenfeld critically reviewed four of the present authors' articles that analyze the size of cartel overcharges and their antitrust policy implications. In this comment, we explain why we believe Langenfeld errs in his criticism of our work. In particular, this comment...
Persistent link: https://www.econbiz.de/10012947484
Vertical mergers within a multi-echelon market result in equilibrium price changes, for wholesalers and retailers … sold in the market. In this paper, we consider the simultaneous price and variety effects of vertical mergers in a general … prices, a smaller or larger subset of all potential products is sold in the market. For an arbitrary merger of a supplier …
Persistent link: https://www.econbiz.de/10012855208
The Australian Competition and Consumer Commission has recently outlined proposed changes to Australia's merger … clearance law and process. This paper analyses the ACCC's proposals. We conclude that:1. Overall, the current merger clearance …, with clear pathways to the existing formal clearance processes if merger parties are uncooperative or attempt to game the …
Persistent link: https://www.econbiz.de/10013310524
This paper explores the factors that drive merger outcomes under China's Anti-Monopoly Law (AML). The paper overcomes … the problem of a small number of published merger decisions through a unique practitioner survey of antitrust lawyers … across multiple jurisdictions. This survey captures transactions contemplated, but never undertaken (deterred by the merger …
Persistent link: https://www.econbiz.de/10014161496
discussed in this article. A number of recent developments have significantly increased the risks associated with merger control …
Persistent link: https://www.econbiz.de/10013004600
In many jurisdictions across the world concern about foreign control of key national businesses appears to be mounting …. This article examines the policies displayed towards foreign direct investment and cross-border mergers in the EU, focusing … on the question of when public policy factors may impact on merger control within the EU and override competition law …
Persistent link: https://www.econbiz.de/10013005592