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25 Years of European Merger Control
Affeldt, Pauline - 2019
We study the evolution of the EC's merger decision procedure over the first 25 years of European competition policy. Using a novel dataset constructed at the level of the relevant markets and containing all merger cases over the 1990-2014 period, we evaluate how consistently arguments related to...
Persistent link: https://www.econbiz.de/10012889198
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25 Years of European Merger Control
Affeldt, Pauline - 2020
We study the evolution of EC merger decisions over the first 25 years of common European merger policy. Using a novel dataset at the level of the relevant antitrust markets and containing all merger cases scrutinized by the Commission over the 1990-2014 period, we evaluate how consistently...
Persistent link: https://www.econbiz.de/10012836941
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Assessing EU Merger Control through Compensating Efficiencies
Affeldt, Pauline; Duso, Tomaso; Gugler, Klaus; … - 2021
Worldwide, the overwhelming majority of large horizontal mergers are cleared by antitrust authorities unconditionally. The presumption seems to be that efficiencies from these mergers are sizeable. We calculate the compensating efficiencies that would prevent a merger from harming consumers for...
Persistent link: https://www.econbiz.de/10013321703
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Competition Policy and Productivity Growth: An Empirical Assessment
Buccirossi, Paolo; Ciari, Lorenzo; Duso, Tomaso; … - In: The Review of Economics and Statistics 95 (2013) 4, pp. 1324-1336
This paper estimates the impact of competition policy on total factor productivity growth for 22 industries in twelve OECD countries over 1995 to 2005. We find a positive and significant effect of competition policy as measured by created indexes. We provide results based on instrumental...
Persistent link: https://www.econbiz.de/10011010002
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Competition policy and productivity growth: An empirical assessment
Buccirossi, Paolo; Ciari, Lorenzo; Duso, Tomaso; … - Düsseldorf Institute for Competition Economics (DICE), … - 2011
This paper empirically investigates the effectiveness of competition policy by estimating its impact on Total Factor Productivity (TFP) growth for 22 industries in 12 OECD countries over the period 1995-2005. We find a robust positive and significant effect of competition policy as measured by...
Persistent link: https://www.econbiz.de/10009223307
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Eine bessere Wettbewerbspolitik steigert das Produktivitätswachstum merklich
Duso, Tomaso - In: DIW Wochenbericht 81 (2014) 29, pp. 687-697
) of 4.5 percent. Dass zwischen der Qualität der Wettbewerbspolitik und dem Produktivitätswachstum eines Landes ein … entwickelt, das sie Güte der Wettbewerbspolitik messbar macht und es ermöglicht, die Auswirkungen der Wettbewerbspolitik auf das … Produktivitätswachstum zu beobachten. Die Studie zeigt: Verbessert sich die Wettbewerbspolitik gemessen an den hier genutzten Indikatoren um …
Persistent link: https://www.econbiz.de/10011128689
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Deterrence in Competition Law
Buccirossi, Paolo; Ciari, Lorenzo; Duso, Tomaso; … - Volkswirtschaftliche Fakultät, … - 2009
This paper provides a comprehensive discussion of the deterrence properties of a competition policy regime. On the basis of the economic theory of law enforcement we identify several factors that are likely to affect its degree of deterrence: 1) sanctions and damages; 2) financial and human...
Persistent link: https://www.econbiz.de/10008633331
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Deterrence in competition law
Buccirossi, Paolo; Ciari, Lorenzo; Duso, Tomaso; … - 2009
bestehen wird, zwischen guter und schlechter Abschreckung durch Wettbewerbspolitik zu unterscheiden. …
Persistent link: https://www.econbiz.de/10010278167
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Competition policy and productivity growth: An empirical assessment
Buccirossi, Paolo; Ciari, Lorenzo; Duso, Tomaso; … - 2009
In diesem Beitrag untersuchen wir die Effektivität von Wettbewerbspolitik anhand der empirischen Schätzung ihrer … finden eine robuste positive und statistisch signifikante Wirkung der Wettbewerbspolitik, welche von neu erstellten Indizes … ist die Auswirkung auf das TFPWachstum besonders stark für spezifische Aspekte der Wettbewerbspolitik, welche eher mit …
Persistent link: https://www.econbiz.de/10010278169
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Competition Policy and Productivity Growth: An Empirical Assessment
Buccirossi, Paolo; Ciari, Lorenzo; Duso, Tomaso; … - C.E.P.R. Discussion Papers - 2009
This paper empirically investigates the effectiveness of competition policy by estimating its impact on Total Factor Productivity (TFP) growth for 22 industries in 12 OECD countries over the period 1995-2005. We find a robust positive and significant effect of competition policy as measured by...
Persistent link: https://www.econbiz.de/10008528531