antitrust policy, we underscore that an active private equity market can aid antitrust authorities by triggering welfare …

. The antitrust agency’s incentives to produce evidence on the efficiency of a merger proposal depend critically on its …We analyze evidence production in merger control as a delegation problem in an inquisitorial competition policy system … implemented only after evidence on the efficiency of a merger proposal has been produced. …

use a novel database that identifies over 20,000 product/geographic antitrust markets affected by over 2,000 mergers … 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 …

profitable beyond that participation ratio. This result may be called a cross-ownership paradox, analogous to the merger paradox … highlight that cross-ownership can be preferable to a horizontal merger under Cournot competition. Not only is it more …

antitrust effectiveness and the need for comparative institutional analyses of antitrust that extend beyond matters of … precluding private antitrust enforcement as one salient choice in antitrust design depends on whether antitrust enforcement is … antitrust lawsuits or incentivizes firms to engage in frivolous litigation. Corruption expectedly reduces the effectiveness of …

preferences that guide such antitrust prosecutions remain understudied. We empirically examine the intertemporal shifts in U ….S. antitrust cartel prosecutions during the period 1969-2013. This period has seen substantive policy innovations with increasing …

Traditional economic theory of collusion assumed that cartels are inherently unstable, and yet some manage to operate …

find interesting results linking patents to GM's bankruptcy, the Daimler-Chrysler merger, environmental regulations …