Showing 1 - 9 of 9
(5), pages 1114-1144.<P> We estimate the deterrence effects of U.S. merger policy instruments with respect tothe composition and …-wins andcourt-losses: deterrence variables akin to the traditional conditional probabilities from theeconomics of crime literature … conditional probability of eliciting an antitrust challenge (i.e.,remedies and prohibitions) involves the strongest deterrence …
Persistent link: https://www.econbiz.de/10011257501
We estimate the deterrence effects of U.S. merger policy instruments with respect to the composition and frequency of …-losses: deterrence variables akin to the traditional conditional probabilities from the economics of crime literature. We find the … conditional probability of eliciting an antitrust challenge (i.e., remedies and prohibitions) involves the strongest deterrence …
Persistent link: https://www.econbiz.de/10009225959
We estimate the deterrence effects of U.S. merger policy instruments with respect tothe composition and frequency of …-losses: deterrence variables akin to the traditional conditional probabilities from theeconomics of crime literature. We find the … conditional probability of eliciting an antitrust challenge (i.e.,remedies and prohibitions) involves the strongest deterrence …
Persistent link: https://www.econbiz.de/10010326520
We show that the number of merger proposals (frequency-based deterrence) is a more appropriate indicator of underlying … changes in merger policy than the relative anti-competitiveness of merger proposals (composition-based deterrence). This has … strong implications for the empirical analysis of the deterrence effects of merger policy enforcement, and potential …
Persistent link: https://www.econbiz.de/10010280624
Antitrust policy involves not just the regulation of anti-competitive behavior, but also an important deterrence effect …. Neither scholars nor policymakers have fully researched the deterrence effects of merger policy tools, as they have been … words, prohibitions involve a deterrence effect but remedies do not. …
Persistent link: https://www.econbiz.de/10005791805
We show that the number of merger proposals (frequency-based deterrence) is a more appropriate indicator of underlying … changes in merger policy than the relative anti-competitiveness of merger proposals (composition-based deterrence). This has … strong implications for the empirical analysis of the deterrence effects of merger policy enforcement, and potential …
Persistent link: https://www.econbiz.de/10008577815
We show that the number of merger proposals (frequency-based deterrence) is a more appropriate indicator of underlying … changes in merger policy than the relative anti-competitiveness of merger proposals (composition-based deterrence). This has … strong implications for the empirical analysis of the deterrence effects of merger policy enforcement, and potential …
Persistent link: https://www.econbiz.de/10008578201
We estimate the deterrence effects of European Commission (EC) merger policy instruments over the 1990-2009 period. Our … empirical results suggest that phase-1 remedies uniquely generate robust deterrence as – unlike phase-1 withdrawals, phase-2 … deterrence effects of phase-1 remedies work best in high-concentration industries; i.e., industries where the HHI is above the 0 …
Persistent link: https://www.econbiz.de/10011392122
Persistent link: https://www.econbiz.de/10011878231