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scrutinized by the European Commission between 1995 and 2014. We show that concentration, as measured by the market-specific post-merger … dimension analyzed. Strict past merger enforcement negatively correlates with concentration. Yet, this effect is stronger in the …
Persistent link: https://www.econbiz.de/10012421242
scrutinized by the European Commission between 1995 and 2014. We show that concentration, as measured by the market-specific post-merger … dimension analyzed. Strict past merger enforcement negatively correlates with concentration. Yet, this effect is stronger in the …
Persistent link: https://www.econbiz.de/10012426540
to the merger. We show that a PPO reduces the minimal synergy level necessary to make a merger beneficial for consumers …. It follows that an antitrust authority ignoring existing PPOs when evaluating merger proposals (which reflects the … current EU merger control regime) invites sneaky takeovers: Acquiring firms strategically use PPOs prior to a full merger …
Persistent link: https://www.econbiz.de/10009788178
following a merger. No merger should be unconditionally cleared if it involves a large amount of users' data. The chapter …
Persistent link: https://www.econbiz.de/10012852029
consultants) anticipate the critical questions and potential paths that should be addressed regarding antitrust merger risk. This … affected merger review, investments, decision making, and counsel. The surveys also offer antitrust agencies an opportunity to … think about the optimal design of the merger control system and various consequences of certain policy choices and …
Persistent link: https://www.econbiz.de/10014235831
Efficiency defence and merger remedies are key components in most merger control regimes. Although in many … firms face in merger litigation where they are allowed to choose what combination of efficiency claims and settlement offers … to make. The main novelty of this work is the use of data from company reports on the merger-generated synergy …
Persistent link: https://www.econbiz.de/10013087205
. Even if market concentration and technological disadvantages lead to a significant welfare reduction after merger, from … takeover is hostile. …
Persistent link: https://www.econbiz.de/10010343946
This Article explores the 2010 merger of United Airlines and Continental Airlines - which usurped Delta's briefly …-held title as the world's largest airline - as well as the failed merger of Greece's two largest airlines, Olympic Air and Aegean … United and Continental merger, explaining pertinent portions of each airline's corporate history over the past 10 years …
Persistent link: https://www.econbiz.de/10013114723
merger agreements have therefore shifted from generally favoring sellers to favoring buyers.Whether the recent trend toward … buyer-friendly merger covenants has also affected antitrust risk-shifting provisions has not yet been examined. We surveyed … the 30 largest largest merger agreements from 2007 and 2008 to identify any patterns or trends in antitrust risk …
Persistent link: https://www.econbiz.de/10013160168
is an important enhancement of substantive merger appraisal, it should not be considered sufficient in itself for the … finding of a significant impediment to effective competition in terms of Article 2 of the EU Merger Regulation (EUMR). Rather …
Persistent link: https://www.econbiz.de/10013020744