Showing 1 - 10 of 504
1990-2014 period, we evaluate how consistently arguments related to structural market parameters – dominance, concentration …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 …
Persistent link: https://www.econbiz.de/10012207978
1990-2014 period, we evaluate how consistently arguments related to structural market parameters – dominance, concentration …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 …
Persistent link: https://www.econbiz.de/10012836941
that would prevent a merger from harming consumers for 1,014 mergers affecting 12,325 antitrust markets scrutinized by the … concerns about the Commission’s merger enforcement being too lax …
Persistent link: https://www.econbiz.de/10013314675
scrutinized by the European Commission between 1995 and 2014. We show that concentration, as measured by the market-specific post-merger … dimension analyzed. Strict past merger enforcement negatively correlates with concentration. Yet, this effect is stronger in the …An increasing body of empirical evidence is documenting trends toward rising concentration, profits, and markups in …
Persistent link: https://www.econbiz.de/10013249649
Over the period 2015-2017, the five giant technologically leading firms, Google, Amazon, Facebook, Amazon and Microsoft (GAFAM) acquired 175 companies, from small start-ups to billion dollar deals. By investigating this intense M&A, this paper ambitions a better understanding of the Big Five's...
Persistent link: https://www.econbiz.de/10012842674
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 production-based taxes. We find that whether national or international … structure of firms. When all firms are owned domestically in the pre-merger situation, non-cooperative tax policies are more …
Persistent link: https://www.econbiz.de/10013316665
We analyze evidence production in merger control as a delegation problem in an inquisitorial competition policy system …. 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
concentration fosters monopsony power in the labor market, magnifying profits and further enhancing high-productivity firms’ output …. Reductions in search costs increase market concentration, lower the labor income share, and increase wage inequality …
Persistent link: https://www.econbiz.de/10013245629
that would prevent a merger from harming consumers for 1,014 mergers affecting 12,325 antitrust markets scrutinized by the … concerns about the Commission’s merger enforcement being too lax. …
Persistent link: https://www.econbiz.de/10012799703
scrutinized by the European Commission between 1995 and 2014. We show that concentration, as measured by the market-specific post-merger … dimension analyzed. Strict past merger enforcement negatively correlates with concentration. Yet, this effect is stronger in the …An increasing body of empirical evidence is documenting trends toward rising concentration, profits, and markups in …
Persistent link: https://www.econbiz.de/10012493012