. 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 …

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

This paper presents a broad retrospective evaluation of mergers and merger decisions in the digital sector. We first … theories of harm in major merger cases in the past few years. We then analyse the characteristics of almost 300 acquisitions … important merger cases, Facebook/Instagram and Google/Waze, providing a systematic assessment of the theories of harm considered …

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

We study upstream horizontal mergers and their potential efficiency gains. We show that an upstream horizontal merger … and decreases wholesale prices when downstream competition is not too strong. Examining whether the merger’s potential … above mentioned efficiencies are realized and they are passed on to consumers. This holds to a lesser extend when firms …

dataset at the level of the relevant antitrust markets and containing all merger cases scrutinized by the Commission over the …We study the evolution of EC merger decisions over the first 25 years of common European merger policy. Using a novel … definition and the complexity of the merger. Simple, linear probability models as usually applied in the literature overestimate …