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Determinants of acquisition and failure: stylized facts and lessons for empirical studies
Köke, Jens - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2001
, we find that the industry distribution is significantly different for failure and acquisitions. This calls for some kind …
Persistent link: https://www.econbiz.de/10005098062
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Detection of Anticompetitive Horizontal Mergers
Hüschelrath, Kai - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2008
The paper develops a four-step framework to detect anticompetitive horizontal mergers. In the first step, an estimate …
Persistent link: https://www.econbiz.de/10005098244
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Ex-post assessment of merger effects: the case of Pfizer and Pharmacia (2003)
Leheyda, Nina; Beschorner, Patrick; Hüschelrath, Kai - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2011
The paper studies the effects of the Pfizer and Pharmacia (2003) merger on competition in the Swiss pharmaceutical market and compares the assessment of the Swiss Competition Commission (COMCO) with the post-merger market developments. We find that the merger has had a miniscule impact on the...
Persistent link: https://www.econbiz.de/10009024655
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Do cartel breakdowns induce mergers? Evidence from EC cartel cases
Hüschelrath, Kai; Smuda, Florian - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013
breakdowns with the three years afterwards. Second, for the subset of horizontal mergers, merger activity is found to increase … should consider mergers as potential 'second-best' alternative to cartels but also imply that resource (re)allocations in …
Persistent link: https://www.econbiz.de/10010985664