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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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effect of mergers on innovation and future price competition; and reviews the empirical literature on competition, mergers …
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We analyze horizontal mergers when the acquirer holds a passive partial ownership stake (PPO) in the target firm prior … proposal to get mergers approved which are, in fact, detrimental to consumers. …
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In this paper we present the first evidence for a link between foreign ownership and credit constraints for Germany, one of the world's leading target countries for foreign direct investment. Furthermore, we contribute to the literature by investigating the impact of a foreign acquisition on the...
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