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employment of merger simulation models in merger control procedures during the past almost 15 years. Merger simulation is …, nevertheless, still a very young and innovative instrument of antitrust and, therefore, its ‘technical’ potential is far from being … comprehensively exploited and teething problems in its practical use in the antitrust environment prevail. We provide a classification …
Persistent link: https://www.econbiz.de/10005609320
employment of merger simulation models in merger control procedures during the past almost 15 years. Merger simulation is …, nevertheless, still a very young and innovative instrument of antitrust and, therefore, its ‘technical’ potential is far from being … comprehensively exploited and teething problems in its practical use in the antitrust environment prevail. We provide a classification …
Persistent link: https://www.econbiz.de/10005652884
Medienmärkte sind aufgrund ihrer kulturellen und sprachlichen Verwurzelungen (sowie umfangreicher nationaler (Schutz-) Regulierungen) Spätentwickler der europäischen Integration. Bis heute wurden und werden die meisten Medienmärkte national abgegrenzt, wie beispielsweise auch bei dem...
Persistent link: https://www.econbiz.de/10005685606
Advanced economic instruments like simulation models are enjoying an increased popularity in practical antitrust. There … appropriate simulation model for any given merger proposal. Due to the inevitable necessity to reduce real-world complexity and … multi-parameter character of merger cases, the comparative fit of proposed merger simulation models with mutually …
Persistent link: https://www.econbiz.de/10005652888
This report studies the importance of efficiency gains from horizontal mergers. A general theme throughout this report 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...
Persistent link: https://www.econbiz.de/10005645361
-called more economic approach in the 2000s). This contribution reviews the state of the art in antitrust-oriented modern … industrial economics and, in particular, critically discusses open questions and possible limits of basing antitrust on modern …
Persistent link: https://www.econbiz.de/10005078992
The literature identifies a significant drop in merger control enforcement activity on both sides of the Atlantic during the last decade. Furthermore, this drop in enforcement activity is convincingly connected to enforcement problems on the sides of the competition agencies. This paper goes...
Persistent link: https://www.econbiz.de/10008596666
. This development is documented by various research papers, high-level exchanges between antitrust experts as well as an …
Persistent link: https://www.econbiz.de/10008474669
antitrust authorities have implemented a new method, called ‘merger simulation’ or the use of an oligopoly model with a demand …The paper’s purpose is to investigate and to criticize the quantitative method used by antitrust authorities to analyze … mergers unilateral effects. Until the nineties the method used by antitrust authorities was discretionary, based on a …
Persistent link: https://www.econbiz.de/10004968731
The purpose of this report is to contribute to the analysis of two questions. Should a merger control system take into account efficiency gains from horizontal mergers, and balance these gains against the anti-competitive effects of mergers? If so, how should a system be designed to account for...
Persistent link: https://www.econbiz.de/10005419501