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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
Persistent link: https://www.econbiz.de/10011695829
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
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
Nicht zuletzt durch eine Reihe spektakulärer Unternehmenszusammenschlüsse ist die Frage nach den Ursachen, den Folgen und den Möglichkeiten bzw. Notwendigkeiten staatlicher Eingriffe im Rahmen der Wettbewerbspolitik erneut in das Zentrum der wirtschaftspolitischen Diskussion geraten....
Persistent link: https://www.econbiz.de/10010297122
dataset on the transparency on merger control in the EU banking sector, we estimate the probability that a bank is taken over … merger control lacks transparency. This is in line with the hypothesis that governments may block crossborder bank merger …Although there is anecdotal evidence that merger control may constitute a barrier to the integration of European retail …
Persistent link: https://www.econbiz.de/10010297994
probability that a bank is taken over as a function of bank and country characteristics and the transparency of merger control … market. Based on a dataset on the transparency on the supervisory review process of bank mergers in the EU, I estimate the … regulatory process is transparent. Particularly large banks seem to be less likely to be taken over by foreign banks if merger …
Persistent link: https://www.econbiz.de/10010299844
This paper uses an endogenous merger formation approach in a concentrated international oligopoly to examine the … effects of trade liberalization on the nature of merger incentives (national vs. international). The effects of unilateral … liberalization has been accompanied by an increase in international merger activity. Among equilibrium market structures …
Persistent link: https://www.econbiz.de/10011325079