Recent 'open-economy industrial organization' literature finds export orientation enhances the weight of post-merger … international competitive gains, favouring lenient domestic merger policy. However, mergers seldom generate the 'significant … merger policy. We show how non-synergistic domestic mergers in the presence of international sales might reduce national …

primary driver behind holdup source: a contention supported by empirical tests based on the merger policies of 27 antitrust …

-balance on the tenor of domestic merger policy. Using a panel data set composed of US merger reviews by industrial sector over … results suggest that larger trade balances lead to more vigorous antitrust scrutiny; thus, 'strategic' merger policy does not … appear evident, and consumer-surplus appears to guide US merger policy even under the lure of international competitive gains …

We estimate the deterrence effects of European Commission (EC) merger policy instruments over the 1990-2009 period. Our … remedies, and preventions – phase-1 remedies lead to fewer merger notifications in subsequent years. Furthermore, the …

The domestic airline merger phenomenon of the late 1980s and early 1990s sparked a great deal of Industrial … competitive incentives helps explain domestic airline merger activity. A Cournot model of airline competition illustrates that …