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, we contrast a measure of the merger's profitability based on event studies with one based on accounting data. We find …
Persistent link: https://www.econbiz.de/10010365892
-held title as the world's largest airline - as well as the failed merger of Greece's two largest airlines, Olympic Air and Aegean …This Article explores the 2010 merger of United Airlines and Continental Airlines - which usurped Delta's briefly … United and Continental merger, explaining pertinent portions of each airline's corporate history over the past 10 years …
Persistent link: https://www.econbiz.de/10013114723
This paper considers the possibilities that the member states of the WTO would adopt some kind of antitrust provision. Initially, the paper reviews the historical relation of competition policy to trade policy, from the Havana Conference to the present. It then reviews the conflicts between the...
Persistent link: https://www.econbiz.de/10014215778
would likely be more competitive than the actual world; (2) that their basis for unwinding the merger was sufficiently … heavy evidentiary burdens if they sought to break a company up on the premise that a long-consummated merger was unlawful … from the outset and should have been blocked years ago. Specifically, they would have to prove (1) that the but-for world …
Persistent link: https://www.econbiz.de/10012846800
post-merger R&D efforts (including lower expenditure). SIEIC is distinct from the mainstream unilateral effects theory of … recently, the European Commission (“Commission”) used its powers under the EU Merger Regulation (“EUMR”) to impose remedies in … the Dow/DuPont merger. This was in part because of concerns that that the transaction “would be likely to significantly …
Persistent link: https://www.econbiz.de/10012852989
Should internet era merger policy differ from industrial era merger policy? Platform ecosystems rely on economies of … traditional merger policy tools. This paper examines the acquisition strategies of the five major U.S. platforms—Google, Amazon …, Facebook, Apple, and Microsoft— since their inception. We discuss the main merger and acquisition theories of harm and how …
Persistent link: https://www.econbiz.de/10013242012
The importance of economics to the analysis and enforcement of competition policy and law has increased tremendously in the developed market economies in the past forty years. In younger and developing market economies, competition law itself has a history of twenty to twenty-five years at most...
Persistent link: https://www.econbiz.de/10011689074
, we address three research questions: (i) Is the current development of analyzing industry with its recent merger activity … merger control in this industry, as well as a more active abuse control against already vertically-integrated media companies. …
Persistent link: https://www.econbiz.de/10012011207
-competition factors play significant roles in AML merger control. MOFCOM’s decision in Wal-Mart/Yihaodian may be a striking "throw back …
Persistent link: https://www.econbiz.de/10014158326
While the Comcast/TWC merger is significant in size, it doesn’t give rise to any plausible theory of anticompetitive …. Critics repeatedly assert that the combined entity will gain bargaining leverage against content providers from the merger … content have significant bargaining power, and have been able to extract the prices to prove it. The argument that the merger …
Persistent link: https://www.econbiz.de/10014146515