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's decision process. We find that the probability of a phase 2 investigation and of a prohibition of the merger increases with the … parties' market shares. The probability increases also when the Commission finds high entry barriers or that post-merger …
Persistent link: https://www.econbiz.de/10010321571
The literature identifies a significant drop in merger control enforcement activity on both sides of the Atlantic … economics suggest that a lack of 'fit' between the 'new' economic approach to merger control and the 'old' institutional … implicitly raising the standard of proof, leading to unattainable standards, virtually eroding merger control enforcement power …
Persistent link: https://www.econbiz.de/10010321676
This paper provides a comparative analysis of methods for the empirical ex post evaluation of merger control decisions … about the effects of systematic impact evaluations of merger decisions. …
Persistent link: https://www.econbiz.de/10010321697
We review the Bundeskartellamt (Federal Cartel Office Germany) decision on the proposed merger between Springer and …-economic approach in European merger control, a particular thorough line of argumen-tation, backed with particularly convincing economic … evidence, is necessary to justify a pro-hibition of a conglomerate merger from an economic point of view. Against this …
Persistent link: https://www.econbiz.de/10010300231
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 …
Persistent link: https://www.econbiz.de/10010321675
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 …
Persistent link: https://www.econbiz.de/10010333760
We review the Bundeskartellamt (Federal Cartel Office Germany) decision on the proposed merger between Springer and …-economic approach in European merger control, a particular thorough line of argumentation, backed with particularly convincing economic … evidence, is necessary to justify a prohibition of a conglomerate merger from an economic point of view. Against this …
Persistent link: https://www.econbiz.de/10010265759
, consequently, the relevance of simple checklists in merger control can be questioned. …
Persistent link: https://www.econbiz.de/10010320138
for competition policy we mean the antitrust legislation, including the merger control provisions, and its enforcement …
Persistent link: https://www.econbiz.de/10010333910
kritisiert Bestrebungen, die Bestimmungen über die Fusionskontrolle (§ 36 GWB) und das Kartellverbot (§§ 1, 2 GWB) zugunsten der … Fusionskontrolle, um die Meinungsvielfalt zu sichern. Lediglich die sehr enge Marktabgrenzung sollte vom Bundeskartellamt noch einmal … loosen the merger control laws (sec. 36 German Law Against Restraints on Competition) and the prohibition of cartel …
Persistent link: https://www.econbiz.de/10010377721