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The DOJ and FTC clarify the role of labor market power ("monopsony") in the 2023 draft merger guidelines. The draft … that a stricter threshold may be warranted in labor markets. The post-merger Herfindahl-Hirschman Index (HHI) that defines … monopsony power in the U.S. may warrant an even lower threshold. For example, merger simulations indicate that workers would …
Persistent link: https://www.econbiz.de/10014335050
Persistent link: https://www.econbiz.de/10001948621
structure is rare. The 1952 breakup of Germany's leading chemical company, IG Farben, represents such a disruption. After the … Second World War, the Allies occupying Germany imposed the breakup because of IG Farben's importance for the German war …
Persistent link: https://www.econbiz.de/10013358717
We introduce a simple oligopolistic trade model with international transportation costs, and analyze the profitability and the social desirability of national vs. international mergers in relation to three different issues, (i) the level of trade freeness, (ii) the possibility of rent...
Persistent link: https://www.econbiz.de/10003355552
We study the restructuring of the labor force after mergers and acquisitions. Overall restructuring is large. Net employment of targets declines by more than half within two years after acquisitions relative to a matched sample, and is concentrated in targets that close all establishments. There...
Persistent link: https://www.econbiz.de/10012519948
Evidence suggests that hospital mergers can reduce costs but less is known about their effects on patient outcomes. We study how a wave of mergers that led to the shutdown of one third of all Swedish maternity wards affected the health of mothers who gave birth and their newborns. Applying a...
Persistent link: https://www.econbiz.de/10011903951
.9%, as hypothesized by monopsony theory. Based on a simple merger simulation, we find that a merger between the top two …
Persistent link: https://www.econbiz.de/10012213951
The merger of populations expands the comparison space of incomes. As a result, measures of the income-based social …
Persistent link: https://www.econbiz.de/10014534625
place in Germany, towards a more Anglo-American system in which a large proportion of transfers are paid to the working poor …
Persistent link: https://www.econbiz.de/10003716521
positive short- and long-term effects of benefit sanctions which are robust for men and women in East and West Germany. The …
Persistent link: https://www.econbiz.de/10003716523