direct test of the optimal deterrence theory of antitrust crimes.Regressions are fitted to a sample of the corporations that … collusion. However, U.S. fines do not conform to the theory's predictions about the probability of detection and conviction of …

I study the predictability of the EC’s merger decision procedure before and after the 2004 merger policy reform based … concerns in markets affected by a merger, I find that the predictive performance of the random forests is much better than the … concerns. Secondly, postreform, DG Comp seems to base its assessment on a more complex interaction of merger and market …

merger control, the debate focuses on the possible impact of mergers on classic R&D and whether turnover-based jurisdictional … innovation in merger control assessments. In particular, imposing structural or long-term remedies in fast-evolving markets where … discusses the impact of disruptive innovation on European merger control processes and the need to adapt the regulators’ tools …