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We review the Bundeskartellamt (Federal Cartel Office Germany) decision on the proposed merger between Springer and …-economic approach in European merger control, a particular thorough line of argumentation, backed with particularly convincing economic … evidence, is necessary to justify a prohibition of a conglomerate merger from an economic point of view. Against this …
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mergers. If this assumption held, a positive external effect of a proposed merger would represent a sufficient condition to … allow the merger. However, the empirical picture on mergers and acquisitions reveals a significant share of unprofitable … considerable impact on merger policy conclusions: while several insights of the original FSF are corroborated (f.i. efficiency …
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promises and downsides of merger simulations as a tool of computational antitrust. In doing this, we first provide an overview … of the working mechanisms of the merger simulation tool and then evaluate its implementation in competition policy … to reap considerable prospects of merger simulations as a computational antitrust tool …
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, particularly concerning its features and governance modes. The paper shows that neither an uniform world merger control nor a … systematically addresses economic arguments for centralization and decentralization of merger control competences within a multilevel … Competition Network, merger control, New Institutional Economics, international competition policy, diversity, antitrust …
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Unilateral effects analysis has been the single most important innovation in merger control driven by economic theory … facilitate the quantification of short-term merger effects. In this paper, we study the application of this new device in the … landmark merger case between software firms Oracle and PeopleSoft. Despite serious initial concerns the transaction was not …
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employment of merger simulation models (MSMs) in merger-control procedures during the past almost 15 years. Merger simulation is … a classification of state-of-the-art MSMs 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, MSMs represent an important and …
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