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principles informing merger policy such as the presumed profitability of mergers for the merging firms and the merger … concentration indices for screening out unproblematic from potentially harmful mergers. The incremental effect of a merger taking …Common ownership fundamentally upsets the well-settled merger enforcement ecosystem. Not only it challenges basic …
Persistent link: https://www.econbiz.de/10013234688
the common ownership debate to merger control and explores: i) the aims and scope of legal control as regards partial … jurisdictional and remedial design of merger law frameworks. Competition policy should stay current by explicitly recognizing these …
Persistent link: https://www.econbiz.de/10013241599
We study a voluntary pre-merger notification game under asymmetric information and characterize perfect Bayesian … equilibria. In the separating equilibrium, only the mergers with low private benefits and low social welfare are notified, and … subsequently settled into negotiated outcomes. All other types of mergers are not notified and investigated ex post with a positive …
Persistent link: https://www.econbiz.de/10014026940
We compare the prevailing system of compulsory pre-merger notification with the Australian system of voluntary pre-merger … strategies in which the regulator investigates un-notified mergers with probability less than one and the parties choose …. Some of the theoretical predictions are supported by exploratory empirical tests using merger data from Australia. Overall …
Persistent link: https://www.econbiz.de/10013148616
firms: 3-4 years after merger finalisation, 20 percent fewer procurement auctions receive more than one bid after mergers …Size thresholds exist for overall, national merger review and for assignment to national versus supranational …-reducing mergers before they come under any regulatory oversight. The results, though, point out another type of strategic behaviour by …
Persistent link: https://www.econbiz.de/10013230711
The compulsory notifications for mergers transactions under the framework of antitrust law aims to remedy anti …-competitive harm by blocking or conditionally approving mergers ex ante in conjunction with the deterrence effects. However, such a … implement such a mechanism to see if there is an efficient alternative. The first decade of the enforcement of China' merger …
Persistent link: https://www.econbiz.de/10012861227
In this short article, I discuss the question of insignificant local nexus under Indian merger control law. The [Indian …
Persistent link: https://www.econbiz.de/10013042940
Persistent link: https://www.econbiz.de/10012014956
Persistent link: https://www.econbiz.de/10012016352
Is there a problem with large technology firms, or platforms, purchasing nascent competitors and suppressing competition before they can mature into vibrant competitors? Further, if there is a problem, are the current antitrust laws and the enforcement of those laws sufficient to combat the...
Persistent link: https://www.econbiz.de/10014103975