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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 …
Persistent link: https://www.econbiz.de/10003821585
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 …
Persistent link: https://www.econbiz.de/10009685029
addition to standard merger price effects. ccGUPPI is sufficient to correctly predict whether a merger of capacity … full merger simulation …
Persistent link: https://www.econbiz.de/10012896939
Along with the prohibitions against anticompetitive agreements and abuses of market power, merger control is one of the … careful examination of the relevant competitive concerns. This is because an inadequate merger remedy will fail to achieve its …
Persistent link: https://www.econbiz.de/10012869404
attack mergers raises the question of whether merger enforcement has been ineffective. But there is another explanation. The … developed when it comes to mergers involving nascent competitors. Merger analysis under Hart-Scott-Rodino is a predictive … been anticompetitive and cemented dominance. The forthcoming revisions to the merger guidelines hopefully will address some …
Persistent link: https://www.econbiz.de/10014359055
The appropriate role of merger efficiencies remains unresolved in US antitrust law and policy. The Patient Protection … challenges for antitrust. Most hospital merger cases focus on cost based efficiencies, as does most of the academic empirical … quality analysis both in the 2010 Horizontal Merger Guidelines and in antitrust case law. In doing so, the essay identifies …
Persistent link: https://www.econbiz.de/10014141191
The two leading merger systems - those of the United States and the European Union - treat the potential benefits and … principle has important systemic effects for merger control. Not only does it stand in the way of some socially desirable … principle, the probability-adjusted net present value of merger risks should be treated symmetrically with the probability …
Persistent link: https://www.econbiz.de/10013128868
Efficiency defence and merger remedies are key components in most merger control regimes. Although in many … firms face in merger litigation where they are allowed to choose what combination of efficiency claims and settlement offers … to make. The main novelty of this work is the use of data from company reports on the merger-generated synergy …
Persistent link: https://www.econbiz.de/10013087205
effects of the Carlsberg-Pripps merger in the Swedish beer market and compare the predicted outcomes with those observed ex …-post. There are no important price increases following the merger and prices of divested beers fell. Our merger simulations, that …
Persistent link: https://www.econbiz.de/10013073058
We investigate the impact of cartel breakdowns on merger activity. Merging information on cartel cases decided by the … European Commission (EC) between 2000 and 2011 with a detailed data set of worldwide merger activity, we find that, first, the … average number of all merger transactions increase by up to 51 percent when comparing the three years before the cartel …
Persistent link: https://www.econbiz.de/10013080622