predicts that a merger is more likely to be profitable in an innovation intensive industry. For a high degree of firm … heterogeneity a merger reduces innovation in both the merged entity and in non-merging competitors in an industry with high R … consistent with many predictions of the theoretical model. Our main result is that after a merger patenting and R\&D of the …

predicts that a merger is more likely to be profitable in an innovation intensive industry. For a high degree of firm … heterogeneity, a merger reduces innovation of both the merged entity and non-merging competitors in an industry with high R … consistent with many predictions of the theoretical model. Our main result is that after a merger, patenting and R&D of the …

The question how mergers affect innovation has gained prominence in a number of recent merger cases. Accounting for the … accrue in a timely fashion, i.e., within two to four years after the merger. This contrasts with the timespan applied to the … a competing merger if that merger would be procompetitive. Hence, the market test for remedies, which is already …

inputs and outputs. Results are mixed for outcomes related to variety and product quality. Literature on merger effects on … derive a number of ideas and options for merger policy. …

-foreclosing effects of the dual financing system, discuss the special features of hospitals within the German merger control regime and … German Monopolies Commission to strengthen the merger control regime in order to subject more regional mergers to merger …

shows that these problems do not automatically imply that sector specific regulation is warranted. The same hold for the … specific regulation of mobile telephone markets. The social welfare loss that would arise from such regulations are estimated …