horizontal merger activity. We propose a theoretically-backed methodological approach to classify mergers that yields more … information on merger types and merger effects, and that can, moreover, distinguish between mergers characterized largely by … collusion-based synergies and mergers characterized largely by efficiency-based synergies. Crucial to the proposed measurement …

mergers and acquisitions among already powerful retail chains. These considerationslead antitrust authorities to very … study for the Dutch Autoriteit Consument & Markt (ACM), we examined the effects of a series of three national mergers in the … mergers did not have significant effects on prices. However, we find that the last mergersignificantly reduced the depth of …

that it is beneficial to be a non-merging rival firm to a large horizontal merger. Using a sample of mergers with expert …

merging and rival firms' stocks to quantify the profitability effects of mergers and merger control decisions. We back up our … mergers during the first investigation phase. Yet, they are on the whole ineffective or even detrimental when applied after … merging firms to rivals when mistakenly applied to pro-competitive mergers. …

Using a sample of 167 mergers during the period 1990-2002 involving 544 firms either as merging firms or competitors … case of anticompetitive mergers. …

merger’s effects, controlling for selection on observables when defining our control group through a matching procedure. We …

We use a sample of 167 mergers during the period 1990-2002 involving 544 firms either as merging firms or competitors …. We contrast a measure of the merger’s profitability based on event studies with one based on accounting data. We find …