Angelov, P.A.; Rosenkranz, S.; Schenk, E.J.J. - School of Economics, Universiteit Utrecht - 2012
Using an event study methodology, this paper assesses the competitive effects of remedies implemented by the European Commission in 11 horizontal mergers in the ICT industry between 1990 and 2010. The estimates of merger announcement effects for both merging parties and competitors have...