We study the evolution of the EC’s merger decision procedure over the first 25 years of European competition policy …. Using a novel dataset constructed at the level of the relevant markets and containing all merger cases over the 1990 … importance of barriers to entry and the risk of foreclosure has increased in the EC’s merger assessment following the 2004 merger …

This paper analyses all final merger decisions by the European Commission from the beginning of 1990 up to the end of … 2019. We use a novel dataset, containing information about 6245 merger cases from all economic sectors and combining all … sorts of decisions, inclusive of withdrawn and prohibited cases. Using text analyses techniques, we first analyse merger …

We estimate the deterrence effects of U.S. merger policy instruments with respect to the composition and frequency of … future merger notifications. Data from the Annual Reports by the U.S. DOJ and FTC allow industry based measures over the 1986 … challenge-rate to robustly deter future horizontal (both relative and absolute) merger activity; the investigation-rate to …

We estimate the deterrence effects of U.S. merger policy instruments with respect to the composition and frequency of … future merger notifications. Data from the Annual Reports by the U.S. Department of Justice and Federal Trade Commission … absolute) merger activity, and the court-loss rate to moderately affect absolute levels of horizontal-merger activity; however …

We show that the number of merger proposals (frequency-based deterrence) is a more appropriate indicator of underlying … changes in merger policy than the relative anti-competitiveness of merger proposals (composition-based deterrence). This has … strong implications for the empirical analysis of the deterrence effects of merger policy enforcement, and potential …

, and Monitorings - to deter firms from engaging in mergers. We employ cross-jurisdiction/pan-time data on merger policy to … empirically estimate the impact of antitrust actions on future merger frequencies. We find merger prohibitions to lead to …Antitrust policy involves not just the regulation of anti-competitive behavior, but also an important deterrence effect …

; merger control ; competition ; policy ; antitrust decisions ; comparative analysis …This paper provides a comparative analysis of methods for the empirical ex post evaluation of merger control decisions … about the effects of systematic impact evaluations of merger decisions. -- empirical methods of industrial organization …

, and Monitorings - to deter firms from engaging in mergers. We employ cross-jurisdiction/pan-time data on merger policy to … empirically estimate the impact of antitrust actions on future merger frequencies. We find merger prohibitions to lead to …Antitrust policy involves not just the regulation of anti-competitive behavior, but also an important deterrence effect …

, the intensity of local competition and the standard of living. Perception data from the World Economic Forum is used to … effectiveness explain a substantial part of the perception of the effectiveness of antitrust policy. During the first years of (new … further improvement of their application performance after a certain time. The effectiveness of antitrust policy has a …

This paper provides a comparative analysis of methods for the empirical ex post evaluation of merger control decisions … about the effects of systematic impact evaluations of merger decisions …