holds that liquidations are beneficial in that they result in increased restructuring. Another view holds that liquidations … of theory and empirical evidence on gross job flows and on financial and labor market rents, we find that, cumulatively …, recessions result in reduced restructuring, and that this is likely to be socially costly once we consider inefficiencies on both …

accession of Theodore Roosevelt to the presidency. During McKinley's term in office the largest wave of merger activity in …

Merger efficiencies provide the primary justification for why mergers of competitors may benefit consumers … merger of Miller and Coors breweries was expected to increase concentration and reduce costs. All else equal, the average …

We investigate the motives and consequences of the consolidation of banks in Japan during the period of fiscal year …

research in the areas of collusion and merger enforcement. Research relating to both collusion and mergers has made significant …-based measurement) and theoretical work in advancing our understanding of collusive and merger-related phenomena …

guidelines reflect a substantial consensus on the appropriate template for merger assessment. Nevertheless, official protocols …