in the manufacturing and the service sectors, and between domestic and cross-border mergers. Conglomerate mergers …This paper analyzes the effects of mergers around the world over the past 15 years. We utilize a large panel of data on … mergers to test several hypotheses about mergers. The effects of the mergers are examined by comparing the performance of the …

in the manufacturing and the service sectors, and between domestic and cross-border mergers. Conglomerate mergers …This paper analyzes the effects of mergers around the world over the past 15 years. We utilize a large panel of data on … mergers to test several hypotheses about mergers. The effects of the mergers are examined by comparing the performance of the …

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. …

We show that for a spatially differentiated economy reduced product variety is the likely outcome of mergers except in …

We show that for a spatially differentiated economy reduced product variety is the likely outcome of mergers except in …

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 1,014 mergers affecting 12,325 antitrust markets scrutinized by the …

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 1,014 mergers affecting 12,325 antitrust markets scrutinized by the …

use a novel database that identifies over 20,000 product/geographic antitrust markets affected by over 2,000 mergers …