horizontal merger activity. We propose a theoretically-backed methodological approach to classify mergers that yields more … information on merger types and merger effects, and that can, moreover, distinguish between mergers characterized largely by … approach is that it encompasses the impact of merger events not only on merging firms (custom in the literature), but also on …

better clarify the nature of merger activity. -- acquisitions ; event-study ; mergers ; research methods ; rivals ; synergy …-based synergies in horizontal merger activity. We propose a schematic to classify mergers that yields more information on merger types … and merger effects, and that can, moreover, distinguish between mergers characterized largely by collusion-based synergies …

Competition in the US banking industry as measured by the Lerner Index has on average increased substantially during … the last decade. At the same time, regional differences in competition on the state level have decreased considerably … negatively correlated. Macroeconomic conditions appear to have supported these trends in competition, however, to a somewhat …