are robust to a range of approaches to address the endogeneity of firms' merger decisions …

Merger control authorities may approve a merger based on a so-called 'efficiency defence'. An important aspect in … clearing mergers is that the efficiencies need to be merger-specific. Joint ventures, and in particular research joint ventures …

We examine the relationship between concentration and price dispersion using variation induced by a merger in the …

that the tax losses and credits of acquired firms likewise exerted no impact on merger activity. Though the use of such …

relatively low in value added per employee at the time of takeover and before, a characteristic we take to indicate relatively …-term recoveries after takeover from the misfortunes of the takeover year and a return to higher growth rates of employment and output … year or two after takeover but seem to have increased their profitability or efficiency relative to their industries. The …

banks in individual EU countries help to explain the nature of cross-border merger activity. If they wish to protect …