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procedures for merger control. We describe the main constituencies (both internal and external) involved in merger control in … both jurisdictions and discuss how a typical merger case would be handled under these procedures. At each stage, we … informal, the balance in the investigation and evaluation of the merger being provided by the credible threat of a court …
Persistent link: https://www.econbiz.de/10010238374
interpretation. This article provides an overview of some of the significant developments in the 2010 U.S. Horizontal Merger … delves into discussions of Turkish competition law matters, as an example of emerging merger regime models, with respect to …
Persistent link: https://www.econbiz.de/10012923690
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In current horizontal merger policy in the US and the EU an explicit efficiency defense is allowed. On both sides of …’ potential to harm consumers in the relevant market. Current merger policy is implicitly based on the assumption that rational … managers will only propose privately profitable mergers. In this thesis I will show that the empirical evidence on merger …
Persistent link: https://www.econbiz.de/10014203897
This article compares the key similarities and differences in the likely future acceptance of merger remedies in Europe …
Persistent link: https://www.econbiz.de/10013094624
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The duration of merger proceedings held by competition authorities is an important determinant of the efficiency of the … entire merger control process. We use a dataset of 2953 Phase I and 92 Phase II investigations completed by the European … also provide evidence that the significant increase in average duration identified after the 2004 merger regulation reform …
Persistent link: https://www.econbiz.de/10011316395
There are legal grounds to hear competitors in merger control proceedings, and competitor involvement has gained … in EU merger cases and give an overview of the legal discussion in the EU and US. …
Persistent link: https://www.econbiz.de/10010492989
the period 1990-2002 to assess the effectiveness of European merger control. The basic idea is to relate announcement and … decision abnormal returns. Under a set of four maintained assumptions, merger control might be interpreted to be effective if … rents accruing due to the increased market power observed around the merger announcement are reversed by the antitrust …
Persistent link: https://www.econbiz.de/10008939212