Davies, Stephen W; Driffield, Nigel L; Clarke, Roger - In: Journal of Industrial Economics 47 (1999) 3, pp. 263-83
This paper draws on data from 73 UK Monopolies and Mergers Commission reports on monopoly between 1973 and 1995. It shows that there is a roughly two in three chance that the Commission will come to an adverse conclusion against the investigated firms in a given case. 75-80% of decisions can be...