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the system, and that merger policies commonly used to deal with troubled financial institutions during crises have …
Persistent link: https://www.econbiz.de/10014337771
undisputed. Deregulation has proceeded in three ways: (i) eased rate setting restrictions; (ii) simplified merger applications …
Persistent link: https://www.econbiz.de/10012475256
merger was 1.1 percentage points lower, during the five-year period centered on the merger, than that of carriers not … involved in merger. Almost all of this cost reduction appears to have been passed on to consumers. Part of the cost reduction …
Persistent link: https://www.econbiz.de/10012475840
that the tax losses and credits of acquired firms likewise exerted no impact on merger activity. Though the use of such …
Persistent link: https://www.econbiz.de/10012476878
Most US mergers are not reported to the government on the basis of their size, which can effectively exempt them from antitrust scrutiny, thereby leading to anticompetitive behavior. This paper studies premerger notification exemptions in the US dialysis industry. Over two decades, dialysis...
Persistent link: https://www.econbiz.de/10012481856
Despite the continuing US hospital merger wave, it remains unclear how mergers change, or fail to change, hospital … behavior and performance. We open the "black box" of hospital practices through a mega-merger between two for-profit chains …. Benchmarking the merger's effects against the acquirer's stated aims, we show they achieved some of their goals, harmonizing …
Persistent link: https://www.econbiz.de/10012696358
, we present a method for measuring undisclosed merger activity that relies on financial accounting reporting requirements …
Persistent link: https://www.econbiz.de/10012814430
Merger efficiencies provide the primary justification for why mergers of competitors may benefit consumers … merger of Miller and Coors breweries was expected to increase concentration and reduce costs. All else equal, the average …
Persistent link: https://www.econbiz.de/10012459308
in the Horizontal Merger Guidelines. Through a model of enforcement, we find that agencies challenge mergers they expect …
Persistent link: https://www.econbiz.de/10014250141
lenient 2010 merger guidelines and unharmed, on average, under enforcement of the more stringent 1982 merger guidelines. We … mergers. We then simulate a representative set of U.S. mergers in order to evaluate merger review thresholds. Our main …
Persistent link: https://www.econbiz.de/10014250165