Showing 1 - 10 of 90
mergers difficult. Mergers that should occur in equilibrium do not, since they require an unequal split of surplus. …
Persistent link: https://www.econbiz.de/10010334980
. After reviewing event studies as a method to acquire empirical insights into the competitive effects of mergers, I propose a … market returns of likely competitors to 1,751 of the largest U.S. mergers since 1997. I document that likely competitors …
Persistent link: https://www.econbiz.de/10012233967
We consider merger remedies of the U.S. Department of Justice's Antitrust Division and the U.S. Federal Trade Commission between 2008 and 2017. Traditionally one distinguishes between structural and behavioral remedies' and structural remedies are generally considered to be more effective and...
Persistent link: https://www.econbiz.de/10011731182
The Intercontinental Exchange's current attempted acquisition of NYSE-Euronext is the third takeover proposal in as many years. In this article the two previous attempts are reviewed and lessons are drawn from an antitrust and competition policy perspective concerning the evolving competitive...
Persistent link: https://www.econbiz.de/10010319612
the insiders' dilemma, i.e. profitable mergers do not occur. This strategy may thus be more profitable for a buyer than …
Persistent link: https://www.econbiz.de/10010320109
Theoretically, cross ownership may mitigate mergers, i.e. market concentrations. Holding a share in a competing firm …
Persistent link: https://www.econbiz.de/10010320168
horizontal mergers. Our results suggest that competitive effects in this online market are more closely aligned with the simple … horizontal mergers. However, there are potential distributional effects; our estimates indicate that a three-to-two merger raises …
Persistent link: https://www.econbiz.de/10010285787
This paper presents a broad retrospective evaluation of mergers and merger decisions in the digital sector. We first … investigated mergers and whether a more effective merger control regime can be achieved within the current legal framework. …
Persistent link: https://www.econbiz.de/10012152708
Persistent link: https://www.econbiz.de/10011392893
The Intercontinental Exchange's current attempted acquisition of NYSE-Euronext is the third takeover proposal in as many years. In this article the two previous attempts are reviewed and lessons are drawn from an antitrust and competition policy perspective concerning the evolving competitive...
Persistent link: https://www.econbiz.de/10009788925