Showing 1 - 10 of 6,450
procedures for merger control. We describe the main constituencies (both internal and external) involved in merger control in … both jurisdictions and discuss how a typical merger case would be handled under these procedures. At each stage, we … informal, the balance in the investigation and evaluation of the merger being provided by the credible threat of a court …
Persistent link: https://www.econbiz.de/10011381174
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
Fusionskontrolle sinnvoll erscheint. Grundlage dieser Ökonomisierung können quantitative Analysen sein, die mithilfe vorhandener …
Persistent link: https://www.econbiz.de/10010263434
Fusionskontrolle sinnvoll erscheint. Grundlage dieser Ökonomisierung könnten quantitative Analysen sein, die mithilfe vorhandener …
Persistent link: https://www.econbiz.de/10010297505
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 argues that empirical economic analysis in court proceedings is subject to important economic and legal restrictions, cumulating in a fundamental trade-off between accuracy and practicality. We draw lessons from two influential German court cases - the paper wholesaler cartel decision...
Persistent link: https://www.econbiz.de/10010352103
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
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 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
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