Showing 1 - 10 of 920
Persistent link: https://www.econbiz.de/10003243028
; competition policy ; market power ; market definition ; merger control ; unilateral effects …
Persistent link: https://www.econbiz.de/10003914325
The duration of merger proceedings held by competition authorities is an important determinant of the efficiency of the … entire merger control process. We use a dataset of 2953 Phase I and 92 Phase II investigations completed by the European … also provide evidence that the significant increase in average duration identified after the 2004 merger regulation reform …
Persistent link: https://www.econbiz.de/10011316395
Although there is anecdotal evidence that merger control may constitute a barrier to the integration of European retail … dataset on the transparency on merger control in the EU banking sector, we estimate the probability that a bank is taken over … as a function of its characteristics, country characteristics and the transparency of merger control in the banking …
Persistent link: https://www.econbiz.de/10003634823
probability that a bank is taken over as a function of bank and country characteristics and the transparency of merger control … regulatory process is transparent. Particularly large banks seem to be less likely to be taken over by foreign banks if merger …
Persistent link: https://www.econbiz.de/10003922576
The paper studies the effects of the Pfizer and Pharmacia (2003) merger on competition in the Swiss pharmaceutical … market and compares the assessment of the Swiss Competition Commission (COMCO) with the post-merger market developments. We … find that the merger has had a miniscule impact on the Swiss pharmaceutical market. This has primarily to do with the fact …
Persistent link: https://www.econbiz.de/10009011228
We investigate the impact of cartel breakdowns on merger activity. Merging information on cartel cases decided by the … European Commission (EC) between 2000 and 2011 with a detailed data set of worldwide merger activity, we find that, first, the … average number of all merger transactions increase by up to 51 percent when comparing the three years before the cartel …
Persistent link: https://www.econbiz.de/10009751721
We study competition in the German interurban bus industry two years after its liberalization in January 2013. In addition to a brief characterization of the liberalization process and several general market developments, we provide a detailed analysis of selected market characteristics such as...
Persistent link: https://www.econbiz.de/10011316405
to study both competitive interaction in general and the potential price effects of a recently announced merger of the … empirical results suggest short-term price increases on certain route types post-merger, it remains an open question whether the … merger should be classified as anticompetitive. …
Persistent link: https://www.econbiz.de/10011316417
We study the fiscal consequences of municipal mergers by making use of a largescale merger reform in the German federal … panel data from 1995-2010 at the level of post-merger municipalities. We find significant reductions in (administrative … effects of voluntary and compulsory mergers vary according to further (secondary) characteristics of a merger. …
Persistent link: https://www.econbiz.de/10011471914