Double moral hazard problems are prevalent in merger remedies. We consider a holdup problem in which two merging … merger decision depends on the success of the transaction, the Competition Authority will clear the merger whenever the …

In the 1990s, European merger regulation (EMR) was biased against foreign acquirers, especially if the deal harmed … 2004. With a sample of 474 merger proposals submitted to the EC during 1990–2007, we show that the EC's protectionism from …

This article revisits the protectionism hypothesis related to the European merger regulation (EMR). In the 1990s, EMR … EC in the 1990s. With a sample of 474 merger proposals submitted to the EC during 1990–2007, we show that the EC …

This paper studies the use of merger review as a shield to obstacle hostile tender offers of a company. Commenting on …

-held title as the world's largest airline - as well as the failed merger of Greece's two largest airlines, Olympic Air and Aegean …This Article explores the 2010 merger of United Airlines and Continental Airlines - which usurped Delta's briefly … United and Continental merger, explaining pertinent portions of each airline's corporate history over the past 10 years …

in the wake of the Great Depression and have been instrumental in these markets’ long standing as the world’s deepest and …

reactions to the industry peers in the short term and FinTech merger waves in the long term …

difference-in-difference approach. Our results show that ETS implementation leads to significantly less cross-border merger and …

We find that stricter merger control legislation increases abnormal announcement returns of targets in bank mergers by … 7 percentage points. Analyzing potential explanations for this result, we document an increase in the pre-merger … other banks. Other merger properties, including the size and risk profile of targets, the geographic overlap of merging …