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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 …
Persistent link: https://www.econbiz.de/10011995257
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 …
Persistent link: https://www.econbiz.de/10012871551
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, post-reform, DG Comp seems to base its assessment on a more complex interaction of merger and market …
Persistent link: https://www.econbiz.de/10014106689
Persistent link: https://www.econbiz.de/10014544122
This article looks first at the process courts use to resolve merger challenges and finds that in the area of product … market definition, merger analysis is reasonably strong. Market definition remains complex and subjective, however, and could … be improved, or avoided altogether, through econometric techniques such as merger simulation. Judicial analysis of entry …
Persistent link: https://www.econbiz.de/10013115446
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 …
Persistent link: https://www.econbiz.de/10013229483
Persistent link: https://www.econbiz.de/10012057211
A merger occurs when a bidder firm offers to purchase the control rights in a target firm or when a target firm … solicits bids from a bidder firm to purchase the control rights. Predicting merger candidacy is important to measure the price … predicting merger candidacy. We use a comprehensive dataset that covers the years 1979 to 2004 and includes all deals with …
Persistent link: https://www.econbiz.de/10013133359