Established firms often face significant obstacles to innovation. As a solution, it has been suggested to form … monitored by their corporate sponsors, resulting in less favorable conditions for radical innovation. …

breakdowns with the three years afterwards. Second, for the subset of horizontal mergers, merger activity is found to increase … even more - by up to 83 percent - after the cartel breakdowns. Our results not only suggest that competition authorities … should consider mergers as potential 'second-best' alternative to cartels but also imply that resource (re)allocations in …

The paper develops a four-step framework to detect anticompetitive horizontal mergers. In the first step, an estimate … consider the effects of a horizontal merger on other competition variables such as product variety, marketing as well as R …

breakdowns with the three years afterwards. Second, for the subset of horizontal mergers, merger activity is found to increase … even more - by up to 83 percent - after the cartel breakdowns. Our results not only suggest that competition authorities … should consider mergers as potential 'second-best' alternative to cartels but also imply that resource (re)allocations in …

The paper develops a four-step framework to detect anticompetitive horizontal mergers. In the first step, an estimate … consider the effects of a horizontal merger on other competition variables such as product variety, marketing as well as R …

less educated consumers with lower savings are most affected. Our findings highlight the important role of competition …

agreements and study the effect that the introduction of an LP has on horizontal MS acquisitions. Using data from 63 countries … over the period 1990-2013, we find a large increase in horizontal MS acquisitions in the year in which an LP is introduced … levels of corruption and only when the acquisitions involve stakes of 10%-20%. These results suggest that MS acquisitions may …

Established firms often face significant obstacles to innovation. As a solution, it has been suggested to form … monitored by their corporate sponsors, resulting in less favorable conditions for radical innovation. …