of a merger review. We focus on the three necessary conditions for a coordinated effect to arise post-merger: (i) firms … government (external stability conditions). We subsequently discuss the relevance of considering the merger-specificity of …

Defending a challenged merger on the basis of synergies requires an analysis of the likely pass through to consumers of … functions. The marginal cost reductions necessary to fully compensate for the price-increasing effects of a merger, however, do … absent synergies and indicates that pass through should not be addressed as a discrete issue in merger cases. Finally, the …

This paper measures the capital markets’ reaction to merger announcements within the announcement month using the … significant. These results indicate that the gains around the merger announcements reflect synergetic gains, not the wealth …

provide strong arguments for the positive nature of network integration among firms, while showing at the same time that, in …

It is hard to assess the coordinated effect of mergers in solid and convincing fashion, in part because economic theory … using three indicators to determine whether and how a merger affects the probability of collusion. An example of application … of this approach to a real-world case (the AT&T/T-Mobile merger) is provided …

Time Warner Cable merger. While superficially attractive, particularly to political actors, conduct remedies unduly …