Showing 1 - 10 of 1,232
Persistent link: https://www.econbiz.de/10012505798
merger and acquisition strategies have been very important factors in their growth. Market dominance by big platforms has led … to competition concerns that are difficult to assess with current merger policy tools. In this paper, we examine the … discuss the main merger and acquisition theories of harm that can restrict market competition and reduce consumer welfare. To …
Persistent link: https://www.econbiz.de/10012433815
Rapid development of generative artificial intelligence chatbots like ChatGPT is leading search engine providers to move from search to answer engines. Unlike search engines, which provide search results in the form of blue links to content creators, answer engines generate personalised answers...
Persistent link: https://www.econbiz.de/10014316205
The literature identifies a significant drop in merger control enforcement activity on both sides of the Atlantic … economics suggest that a lack of 'fit' between the 'new' economic approach to merger control and the 'old' institutional … implicitly raising the standard of proof, leading to unattainable standards, virtually eroding merger control enforcement power …
Persistent link: https://www.econbiz.de/10003986285
This paper provides a comparative analysis of methods for the empirical ex post evaluation of merger control decisions … about the effects of systematic impact evaluations of merger decisions. -- empirical methods of industrial organization … ; merger control ; competition policy ; antitrust decisions ; comparative analysis …
Persistent link: https://www.econbiz.de/10009388226
neglected. We introduce them into a standard oligopoly model of horizontal merger by assuming an (empirically supported …) decrease in labour demand due to merger-specific synergies and derive welfare effects. We find that efficiency benefits from …-side effects remain negligible. Eventually, policy conclusions for merger control are discussed. -- horizontal mergers …
Persistent link: https://www.econbiz.de/10003836388
employment of merger simulation models in merger control procedures during the past almost 15 years. Merger simulation is … of state-of-the-art merger simulation models and review their previous employment in merger cases as well as the problems … and limitations currently associated with their use in merger control. In summary, merger simulation models represent an …
Persistent link: https://www.econbiz.de/10003821585
Persistent link: https://www.econbiz.de/10013205581
This paper uses an endogenous merger formation approach in a concentrated international oligopoly to examine the … effects of trade liberalization on the nature of merger incentives (national vs. international). The effects of unilateral … liberalization has been accompanied by an increase in international merger activity. Among equilibrium market structures …
Persistent link: https://www.econbiz.de/10011591652
Persistent link: https://www.econbiz.de/10013534576