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and that of USA. By doing this, we use the GARCH-MIDAS model and its extensions to provide new insights on the impact of …
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We evaluate the impact of European antitrust policy by analyzing the stock market response to investigation announcements, infringement decisions, and appeals. We examine a sample of 253 companies involved in 118 European antitrust cases over the period 1974-2004. We uncover significantly...
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