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's competition agency. The key problem of merger analysis in Russia's ferrous and non-ferrous metal industries is the trade …. Their market power is limited on the world market due to the presence of competitors, while in Russia most of them have …. During 1999-2011 numerous mergers in these industries were completed and approved by the Federal Antitrust Service – Russia …
Persistent link: https://www.econbiz.de/10013074690
There is a growing concern that U.S. merger control may have been too lenient, but empirical evidence remains limited … reviewing the use and challenges of event studies in merger analysis, I use a novel application of Hoberg-Phillips (2010, 2016 ….S. mergers between 1997 and 2017. I document that following a merger announcement, the most likely competitors experience on …
Persistent link: https://www.econbiz.de/10012161053
There is a growing concern that U.S. merger control may have been too lenient, but empirical evidence remains limited … experience on average an abnormal return of close to one percent around a merger announcement. Abnormal returns are also strongly … anti-competitive effects -- and hence insufficient merger control …
Persistent link: https://www.econbiz.de/10012844282
different competition policy measures: merger control, antitrust investigations on abuse of dominance, and changes of import …There is little evidence on the comparative effectiveness of different competition policy measures, especially in …, mergers between Russian metal producers restrict competition and reduce consumer welfare. Antitrust investigations have a …
Persistent link: https://www.econbiz.de/10013048384
In March of 2000 the New York Stock Exchange proposed a merger with The Nasdaq Stock Market. Applying a qualitative … assessment to the proposed merger from the organizations' perspective it is argued that the merger would be favorable for both … organizations. Applying a quantitative assessment to the proposed merger from an antitrust perspective it is shown that the merger …
Persistent link: https://www.econbiz.de/10012825721
In the article we analyze the mergers between Russian and foreign companies influence on competition in metal industry … than foreign companies in their markets. Thus mergers in Russia may indeed lead to more anticompetitive consequences …
Persistent link: https://www.econbiz.de/10010841000
different competition policy measures: merger control, antitrust investigations on abuse of dominance, and changes of import …There is little evidence on the comparative effectiveness of different competition policy measures, especially in …, mergers between Russian metal producers restrict competition and reduce consumer welfare. Antitrust investigations have a …
Persistent link: https://www.econbiz.de/10010891255
competition between firms, and by reducing the amount of consumer data collected. We argue that merger policy guidelines should …We analyze competition between data intermediaries collecting information on consumers, which they sell to firms for … price discrimination purposes. We show that competition between data intermediaries benefits consumers by increasing …
Persistent link: https://www.econbiz.de/10012628762
In this paper I describe a method for analyzing mergers in industries in which it is more cost effective to close capacity than to idle it. The method can be used to define markets, to assess the likelihood of competitive effects and to evaluate divestitures. I also discuss the method’s data...
Persistent link: https://www.econbiz.de/10012056308
In this paper I describe a method for analyzing mergers in industries in which it is more cost effective to close capacity than to idle it. The method can be used to define markets, to assess the likelihood of competitive effects and to evaluate divestitures. I also discuss the method’s data...
Persistent link: https://www.econbiz.de/10008542285