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conditional probability of eliciting an antitrust challenge (i.e.,remedies and prohibitions) involves the strongest deterrence …We estimate the deterrence effects of U.S. merger policy instruments with respect tothe composition and frequency of …-losses: deterrence variables akin to the traditional conditional probabilities from theeconomics of crime literature. We find the …
Persistent link: https://www.econbiz.de/10010326520
We estimate the deterrence effects of European Commission (EC) merger policy instruments over the 1990-2009 period. Our … empirical results suggest that phase-1 remedies uniquely generate robust deterrence as – unlike phase-1 withdrawals, phase-2 … deterrence effects of phase-1 remedies work best in high-concentration industries; i.e., industries where the HHI is above the 0 …
Persistent link: https://www.econbiz.de/10011392122
Persistent link: https://www.econbiz.de/10011878231
, Competition Policy Indexes, or CPIs. The CPIs measure the deterrence properties of a competition policy in a jurisdiction, where … for competition policy we mean the antitrust legislation, including the merger control provisions, and its enforcement …
Persistent link: https://www.econbiz.de/10003909293
In this comprehensive review of ex-post merger studies price effects of horizontal transactions are evaluated. By combining and further analyzing the results of 52 retrospective studies on 82 mergers or merger-like transactions it can be shown that the industry alone is no strong indication for...
Persistent link: https://www.econbiz.de/10012652877
the antitrust discourse. The current competition and antitrust policy topics that are addressed include the as …-efficient-competitor-test in abuse control, the regulation of systemic market power in digital ecosystems, antitrust interventions based on …
Persistent link: https://www.econbiz.de/10014547794
Mit der Umsetzung der 7. Novelle des Gesetzes gegen Wettbewerbsbe-schränkungen (GWB) wurde im Jahr 2005 die Ausnahmeregelung des sog. Ministerkartells nach § 8 GWB ersatzlos gestrichen. Ähnlich dem noch bestehenden Instrument der Ministererlaubnis für Fusionen nach § 42 GWB konnte bis dahin...
Persistent link: https://www.econbiz.de/10012264937
Mit der Umsetzung der 7. Novelle des Gesetzes gegen Wettbewerbsbeschränkungen (GWB) wurde im Jahr 2005 die Ausnahmeregelung des sog. Ministerkartells nach § 8 GWB ersatzlos gestrichen. Ähnlich dem noch bestehenden Instrument der Ministererlaubnis für Fusionen nach § 42 GWB konnte bis dahin...
Persistent link: https://www.econbiz.de/10012261718
the antitrust discourse. The current competition and antitrust policy topics that are addressed include the as …-efficient-competitor-test in abuse control, the regulation of systemic market power in digital ecosystems, antitrust interventions based on …
Persistent link: https://www.econbiz.de/10014538807
, Competition Policy Indexes, or CPIs. The CPIs measure the deterrence properties of a competition policy in a jurisdiction, where … for competition policy we mean the antitrust legislation, including the merger control provisions, and its enforcement …
Persistent link: https://www.econbiz.de/10010333910