The purpose of this report is to contribute to the analysis of two questions. Should a merger control system take into … theoretical and empirical studies of mergers and merger control. Next, we review the current legal practice in seven OECD … jurisdictions. Finally, we propose a merger control system, emphasising the central role of informational limitations. Based on our …

positive externality on the outsider (competing) firm when a merger occurs. The purposes of this paper are to empirically …

larger price increases than mergerrelated exits. Within the merger category, our analysis reveals significant price increases … on all affected routes immediately after the exit events. In the medium and long-run, however, realized merger …

We investigate the competitive effects of the merger between Delta Air Lines and Northwest Airlines (2009) in the … increases of about 11 percent on overlapping routes and about 10 percent on routes which experienced a merger-induced switch of … the operating carrier. Over a longer period, however, our analysis reveals that both merger efficiencies and post-merger …