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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
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
for competition policy we mean the antitrust legislation, including the merger control provisions, and its enforcement …
Persistent link: https://www.econbiz.de/10010333910
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
, consequently, the relevance of simple checklists in merger control can be questioned. …
Persistent link: https://www.econbiz.de/10010320138
that some welfare increasing mergers will be blocked. This is optimal, if the relevant alternative to the merger is another …
Persistent link: https://www.econbiz.de/10010320142
Naturally, competition policy is based on competition economics made applicable in terms of law and its enforcement. Within the different branches of competition economics, modern industrial economics, or more precisely gametheoretic oligopoly theory, has become the dominating paradigm both in...
Persistent link: https://www.econbiz.de/10010321698
ein ministererlaubtes Kartell häufig weniger starke negative Wettbewerbswirkungen hätte, als eine irreversible Fusion. Aus … negative effects on competition than an irreversible merger. We conclude that from an economic point of view a replacement of …
Persistent link: https://www.econbiz.de/10012264937
Der Deal der beiden größten deutschen Energielieferanten RWE und E.ON zum Tausch verschiedener Geschäftseinheiten, welcher Mitte September 2019 genehmigt wurde, wird den deutschen Energiemarkt wesentlich umstrukturieren und sowohl im Bereich Erzeugung als auch im Vertrieb zu jeweils einem...
Persistent link: https://www.econbiz.de/10014503499
political-economic dimension of the merger is explained. We conclude with a brief analysis of the European Commission decision …-competitive effects of the merger. …
Persistent link: https://www.econbiz.de/10012142943