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A retrospective study of state aid control in the German broadband market
Duso, Tomaso; Nardotto, Mattia; Seldeslachts, Jo - 2021
subsidies complied with EU state aid rules, both in terms of effectiveness and competition. …
Persistent link: https://www.econbiz.de/10012433753
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The impact of horizontal mergers on rivals : gains to being left outside a merger
Clougherty, Joseph A.; Duso, Tomaso - 2008
Persistent link: https://www.econbiz.de/10003776241
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An empirical assessment of the 2004 EU merger policy reform
Duso, Tomaso; Gugler, Klaus; Szücs, Florian - 2010
Based on a database of 326 merger cases scrutinized by the European Commission between 1990 and 2007, we evaluate the economic impact of the change in European merger legislation in 2004. We first propose a general framework to assess merger policy effectiveness, which is based on standard...
Persistent link: https://www.econbiz.de/10008822615
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Using rival effects to identify synergies and improve merger typologies
Clougherty, Joseph A.; Duso, Tomaso - 2011
The strategy literature has found it difficult to differentiate between collusive and efficiencybased synergies in horizontal merger activity. We propose a theoretically-backed methodological approach to classify mergers that yields more information on merger types and merger effects, and that...
Persistent link: https://www.econbiz.de/10009158601
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An empirical assessment of the 2004 EU merger policy reform
Duso, Tomaso; Gugler, Klaus; Szücs, Florian - 2012
We propose a general framework to assess merger policy effectiveness based on standard oligopoly theory and stock market reactions. We focus on four different dimensions of effectiveness: 1) legal certainty, 2) decision errors, 3) reversion of anti-competitive rents, and 4) deterrence. We apply...
Persistent link: https://www.econbiz.de/10009551410
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An empirical assessment of the 2004 EU merger policy reform
Duso, Tomaso; Gugler, Klaus; Szücs, Florian - 2010
Based on a database of 326 merger cases scrutinized by the European Commission between 1990 and 2007, we evaluate the economic impact of the change in European merger legislation in 2004. We first propose a general framework to assess merger policy effectiveness, which is based on standard...
Persistent link: https://www.econbiz.de/10009408081
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Using rival effects to identify synergies and improve merger typologies
Clougherty, Joseph A.; Duso, Tomaso - 2010
The strategic management literature has found it difficult to differentiate between collusive and efficiency-based synergies in horizontal merger activity. We propose a schematic to classify mergers that yields more information on merger types and merger effects, and that can, moreover,...
Persistent link: https://www.econbiz.de/10009408082
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The impact of horizontal mergers on rivals : gains to being left outside a merger
Clougherty, Joseph A.; Duso, Tomaso - 2008
It is commonly perceived that firms do not want to be outsiders to a merger between competitor firms. We instead argue that it is beneficial to be a non-merging rival firm to a large horizontal merger. Using a sample of mergers with expert-identification of relevant rivals and the event-study...
Persistent link: https://www.econbiz.de/10010364303
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The Impact of Competition Policy Enforcement on the Functioning of EU Energy Markets
Duso, Tomaso - 2017
We investigate the impact of competition policy enforcement on the functioning of European energy markets, and how … EU member states' competition policy decisions, and combine it with firm- and sector-level data. We find that EC merger … policy has a positive and robust impact on (i) the level of competition; (ii) investment; and (iii) productivity. This impact …
Persistent link: https://www.econbiz.de/10012951774
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The impact of competition policy enforcement on the functioning of EU energy markets
Duso, Tomaso; Seldeslachts, Jo; Szücs, Florian - 2017
We investigate the impact of competition policy enforcement on the functioning of European energy markets, and how … EU member states’ competition policy decisions, and combine it with firm- and sector-level data. We find that EC merger … policy has a positive and robust impact on (i) the level of competition; (ii) investment; and (iii) productivity. This impact …
Persistent link: https://www.econbiz.de/10011672928