provides a rich environment for innovation in techniques and data, recently manifest in the development of merger simulations … policy and mergers. The range of techniques is wide, covering merger simulation, financial event studies, traditional …

In the 14 years since this quote, the empirical study of merger remedies has seen little advancement despite frequent … first describes the use of remedies in U.S. merger policy, including a summary of the FTC's recent remedy study. It then … merger remedies. The article concludes by highlighting areas where economic research could further advance the study of …

The importance of merger retrospectives as a way to assess competition policy is well-recognized. Yet there have been … few retrospectives – none that we are aware of for any recent merger – that examine the accuracy of the predictions made … by economic models used in the antitrust investigation of the merger, despite the substantial lessons that can be learned …

The debate concerning whether the antitrust agencies under the Bush administration were lax with respect to merger … help assess whether enforcement thresholds have been set too high or too low. In this article we review various merger … approach. While a majority of the studies found that prices increased post-merger, a significant minority found no price …

appropriate simulation model for any given merger proposal. Due to the inevitable necessity to reduce real-world complexity and … multi-parameter character of merger cases, the comparative fit of proposed merger simulation models with mutually … regarding two aspects. First, the scope for partisan economic evidence cannot be completely eroded in merger control. Second …

employment of merger simulation models in merger control procedures during the past almost 15 years. Merger simulation is … of state-of-the-art merger simulation models and review their previous employment in merger cases as well as the problems … and limitations currently associated with their use in merger control. In summary, merger simulation models represent an …

employment of merger simulation models in merger control procedures during the past almost 15 years. Merger simulation is … of state-of-the-art merger simulation models and review their previous employment in merger cases as well as the problems … and limitations currently associated with their use in merger control. In summary, merger simulation models represent an …

We analyze the effects of structural remedies on merger activity in a Cournot oligopoly when the antitrust agency … induces strictly price-decreasing mergers. -- Remedies ; Divestiture ; Merger Control ; Oligopoly ; Synergies …

mergers. If this assumption held, a positive external effect of a proposed merger would represent a sufficient condition to … allow the merger. However, the empirical picture on mergers and acquisitions reveals a significant share of unprofitable … merger policy conclusions: while several insights of the original analysis are corroborated (f.i. efficiency defence), a …

We modify the UPP test of Farrell and Shapiro (2010) to take into account the possibility that a merger weakens (or … eliminates) a vertical supply relationship. After deriving a general effect of the merger, we provide an example of simple …