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-oriented regime for merger control increases banks' stock prices, whereas it decreases those of non-financial firms. Moreover, bank … merger targets become more profitable and larger. A major determinant of the positive bank returns, after controlling inter … institutional setup for supervisory bank merger reviews. Thus strengthening competition policy in banking may generate positive …
Persistent link: https://www.econbiz.de/10013316912
for competition policy we mean the antitrust legislation, including the merger control provisions, and its enforcement …
Persistent link: https://www.econbiz.de/10003909293
The FCC’s analysis of the Comcast-NBCU transaction fills a gap in the contemporary treatment of vertical mergers by … factors any judicial or administrative tribunal would likely consider today in analyzing whether a vertical merger would lead … employed promise to influence the approach that antitrust tribunals will now take in evaluating vertical mergers …
Persistent link: https://www.econbiz.de/10014186321
We review the Bundeskartellamt (Federal Cartel Office Germany) decision on the proposed merger between Springer and … decision document reflects state-of-the-art economic theory on conglomerate mergers. Regarding such types of mergers …-sided markets, like media markets, are involved. However, anticompetitive conglomerate mergers are not impossible, in particular in …
Persistent link: https://www.econbiz.de/10014051886
evaluate mergers in differentiated product markets. The authors advance their approach primarily as a screen for unilateral … present. First, there is no empirical evidence confirming that the method can reliably predict whether a merger is likely to … increase price and second, UPP analysis screens or presumes as anticompetitive a very large universe of mergers. We develop …
Persistent link: https://www.econbiz.de/10014197600
competition will be more than offset by the efficiencies that the merger would generate. This roundtable explored some of the … incorporate efficiencies in merger analysis. That reluctance is even greater with respect to dynamic efficiencies than it is with … respect to static ones. The reason is that even in a static analysis, determining whether a merger is likely to lead to …
Persistent link: https://www.econbiz.de/10014217475
Merger review is one of the most important aspects of Competition Law. This tool allows competition authorities (when … them under certain conditions - through merger remedies - which guarantees the preservation of free competition in the … markets. The purpose of this document is to present the Colombian merger control regime, determine its nature, its structure …
Persistent link: https://www.econbiz.de/10014223443
This paper empirically evaluates the price effects of the merger of two major book retail chains in the UK: Waterstone … information on a sample of 200 books sold in 60 stores in 50 different local markets for a period of four years around the merger …. Since retail mergers may have either local or national effects (or both) according to the level at which retail chains set …
Persistent link: https://www.econbiz.de/10014156537
-competition factors play significant roles in AML merger control. MOFCOM’s decision in Wal-Mart/Yihaodian may be a striking "throw back …
Persistent link: https://www.econbiz.de/10014158326
A reflection and assessment of the proposal to amend Peruvian Competition Act in 2012 to introduce a merger review …
Persistent link: https://www.econbiz.de/10014162265