.S. mergers between 1997 and 2017. I document that following a merger announcement, the most likely competitors experience on …There is a growing concern that U.S. merger control may have been too lenient, but empirical evidence remains limited …. Event studies have been used as one method to acquire empirical insights into the competitive effects of mergers. However …

merging and rival firms' stocks to quantify the profitability effects of mergers and merger control decisions. We back up our … assess merger control's effectiveness. By using data gathered from several sources and employing different evaluation … techniques, we analyze the economic effects of the European Commission's (EC) merger control decisions and distinguish between …

Using a sample of 167 mergers during the period 1990-2002 involving 544 firms either as merging firms or competitors …, we contrast a measure of the merger's profitability based on event studies with one based on accounting data. We find … case of anticompetitive mergers. …