There is a growing concern that U.S. merger control may have been too lenient, but empirical evidence remains limited … reviewing the use and challenges of event studies in merger analysis, I use a novel application of Hoberg-Phillips (2010, 2016 ….S. mergers between 1997 and 2017. I document that following a merger announcement, the most likely competitors experience on …

the German Reorganisation Act (UmwG). A merger passed at the General Annual Meeting will not move forward as long as any … the economic value of the majority interest. Both assumptions are based on Property Rights Theory and are fundamental to …

We evaluate the impact of European antitrust policy by analyzing the stock market response to investigation … announcements, infringement decisions, and appeals. We examine a sample of 253 companies involved in 118 European antitrust cases … European antitrust action. The magnitude of the stock market response depends on the fine, the duration of the infringement …