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Assessing EU Merger Control Through Compensating Efficiencies

Affeldt, Pauline; Duso, Tomaso; Gugler, Klaus Peter; … - 2021

Worldwide, the overwhelming majority of large horizontal mergers are cleared by antitrust authorities unconditionally. The presumption seems to be that efficiencies from these mergers are sizeable. We calculate the compensating efficiencies that would prevent a merger from harming consumers for...

Persistent link: https://www.econbiz.de/10013314675

25 Years of European Merger Control

Affeldt, Pauline - 2020

We study the evolution of EC merger decisions over the first 25 years of common European merger policy. Using a novel dataset at the level of the relevant antitrust markets and containing all merger cases scrutinized by the Commission over the 1990-2014 period, we evaluate how consistently...

Persistent link: https://www.econbiz.de/10012836941

Evidence Production in Merger Control : The Role of Remedies

Dertwinkel-Kalt, Markus; Wey, Christian - 2021

. The antitrust agency’s incentives to produce evidence on the efficiency of a merger proposal depend critically on its … implemented only after evidence on the efficiency of a merger proposal has been produced …

Persistent link: https://www.econbiz.de/10013243241

Merger Policy and Tax Competition

Haufler, Andreas; Schulte, Christian - 2021

In many situations governments have sector-specific tax and regulation policies at their disposal to influence the market outcome after a national or an international merger has taken place. In this paper we study the implications for merger policy when countries non-cooperatively deploy...

Persistent link: https://www.econbiz.de/10013316665

Efficiency of European Universities : A Comparison of Peers

Herberholz, Lars - 2020

efficiency of 450 European universities between 2011 and 2014. The novelty of our approach lies in its extended coverage of …. Exploring potential efficiency drivers, we uncover considerable effect heterogeneity between subject clusters, which is … seek external funding are largely identified to be primary efficiency drivers …

Persistent link: https://www.econbiz.de/10012842974

Efficient Taxation of Fuel and Road Use

Bjertnæs, Geir H. - 2020

This study calculates efficient taxes on gasoline and road use designed to combat driving related externalities when motorists avoid taxes due to an excessive economic driving-style. The efficient tax on gasoline is reduced below the Pigouvian rate due to such avoidance. The current US tax rate...

Persistent link: https://www.econbiz.de/10012844204

Non-Competitive Wage-Setting as a Cause of Unfriendly and Inefficient Leadership

Dur, Robert - 2019

This paper develops a simple economic model to examine how leadership styles in organizations depend on the prevailing wage-setting conditions for workers. In particular, we examine a leader who can - in addition to the use of monetary incentives - motivate a worker by adopting leadership styles...

Persistent link: https://www.econbiz.de/10012861392