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breakdowns with the three years afterwards. Second, for the subset of horizontal mergers, merger activity is found to increase … should consider mergers as potential ‘second-best’ alternative to cartels but also imply that resource (re)allocations in …
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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...
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