There is a broad literature on the consequences of applying different welfare standards in merger control. Total welfare is usually defined as the sum of consumer and provider surplus, i.e., potential external effects are not considered. The general result is then that consumer welfare is a more...

В статье рассматриваются направления социально-экономических исследований, посвященных разработке проблемы благополучия. Особое внимание уделено анализу...

The paper argues that—in contrast to the decision of the European Commission in 2001 and the ruling of the Court of First Instance in 2005—the merger between General Electric and Honeywell International would not have led to anti-competitive horizontal effects. Applying the European...

This paper discusses a selection of cases and important policy developments in the enforcement activities of the Directorate General for Competition at the European Commission during the past year (2011–2012). In particular, it illustrates the importance of competition policy in the area of...

Does enforcement action by the Netherlands Competition Authority (NMa) in the case of cartels and mergers produce an anticipatory effect? We use surveys among firms and their advisers to test whether merger plans that may fail to gain clearance from the NMa are not notified and whether the...

We study the optimal timing of merger control by comparing the pre-and post closing enforcement. Mergers have both pro- and anticompetitive effects, and the parties(the agency and the merging …firms) veri…able information on them is endogenous: it depends on the timing of the merger control,...

This paper deals with the enforcement of merger policy, and aims to identify situations where the introduction of remedies can lead to a lower welfare. For this we study how merger remedies affect the deterrence accomplished by controlling mergers, and determine the optimal frequency of...

We study horizontal mergers on two-sided markets between horizontally differentiated platforms. We provide a theoretical analysis of the merger's price effect based on the amount of cost savings it generates, the behavior of outsider platforms, and the size of cross-group network effects. We...