employment of merger simulation models in merger control procedures during the past almost 15 years. Merger simulation is … of state-of-the-art merger simulation models and review their previous employment in merger cases as well as the problems … and limitations currently associated with their use in merger control. In summary, merger simulation models represent an …

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 …

We review the Bundeskartellamt (Federal Cartel Office Germany) decision on the proposed merger between Springer and … the decision document reflects state-of-the-art economic theory on conglomerate mergers. Regarding such types of mergers …-economic approach in European merger control, a particular thorough line of argumen-tation, backed with particularly convincing economic …

the period 1990-2002 to assess the effectiveness of European merger control. The basic idea is to relate announcement and … decision abnormal returns. Under a set of four maintained assumptions, merger control might be interpreted to be effective if … rents accruing due to the increased market power observed around the merger announcement are reversed by the antitrust …

We review the Bundeskartellamt (Federal Cartel Office Germany) decision on the proposed merger between Springer and … decision document reflects state-of-the-art economic theory on conglomerate mergers. Regarding such types of mergers …-economic approach in European merger control, a particular thorough line of argumentation, backed with particularly convincing economic …

, consequently, the relevance of simple checklists in merger control can be questioned. …

oligopoly theory, has become the dominating paradigm both in the U.S. (since the 1990s Post-Chicago movement) and in the EU (so …

is that efficiency gains, and their pass-on to consumers, may vary substantially from merger to merger. For this reason … it seems appropriate to reconsider current practice in European merger control, which does not allow the merging parties …

' incentives to merge (a holdup mechanism). Firms delay merger proposals, thereby foregoing valuable profits and hoping other firms … surprising intertemporal link: Merger incentives may be reduced by the prospect of additional profitable mergers in the future …. Merger control may help protect competition. Holdup and intertemporal links make policy design more difficult, however. Even …