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Die Unternehmen stehen durch die fortschreitende Globalisierung der Weltwirtschaft in einem zunehmend internationalen Wettbewerb, wovon jedoch nicht alle Branchen im gleichen Ausmaß erfasst werden. Determiniert wird der Globalisierungsgrad einer Branche vor allem durch die Höhe der...
Persistent link: https://www.econbiz.de/10010295596
We examine antitrust rules in a two county general equilibrium trade model, contrasting national and multilateral (cooperative) determination of competition policy, exploring the properties of the policy equilibrium. It is not imperfect competition, but variation in competitive stance between...
Persistent link: https://www.econbiz.de/10010325574
In several European merger cases competition authorities have demanded that the merging firm auctions off virtual …
Persistent link: https://www.econbiz.de/10010261290
Several top deals already closed, a still highly fragmented industry and strong pressure for further consolidation following the financial crisis - renewable energy certainly has become a red-hot topic in M&A. Surveying 220 companies in the solar photovoltaic, utility and financial sector as...
Persistent link: https://www.econbiz.de/10010300756
Germany's most densely populated region, North Rhine-Westphalia. We merge them into geographically meaningful, larger units … that operate partially on a joint tram network. Merger gains are then decomposed into individual technical efficiency …
Persistent link: https://www.econbiz.de/10010265038
Die aktuelle Diskussion um die Novellierung der deutschen Pressefusionskontrolle macht deutlich, welche Relevanz medienökonomische Fragestellungen haben. Was jedoch bei dieser Diskussion häufig vernachlässigt wird, ist die intensive Betrachtung der Ökonomischen Besonderheiten von...
Persistent link: https://www.econbiz.de/10010297505
Die aktuelle Diskussion um die Novellierung der deutschen Pressefusionskontrolle macht deutlich, welche Relevanz medienökonomische Fragestellungen haben. Was jedoch bei dieser Diskussion häufig vernachlässigt wird, ist die intensive Betrachtung der ökonomischen Besonderheiten von...
Persistent link: https://www.econbiz.de/10010263434
The paper discusses the respective roles of competition policy and sector-specific regulation for industries such as telecommunications, electricity, and gas, in which network infrastructures that are natural monopolies serve as essential facilities for anybody who wants to provide services in...
Persistent link: https://www.econbiz.de/10010331065
German banks experienced a merger wave throughout the 1990s. However, the success of bank mergers remains a continuous … matter of debate. In this paper we suggest a taxonomy as how to evaluate post-merger performance on the basis of cost … CE levels above the average of non-merging banks. Second, banks must exhibit CE changes between merger and evaluation …
Persistent link: https://www.econbiz.de/10010295905
directions since then: Italy privatized its publicly-owned banks while Germany has maintained a large share of state …
Persistent link: https://www.econbiz.de/10010298779