In this ex-post analysis, we have used three large pharmaceutical merger cases to examine the correctness of the market … three merger cases that were reviewed by both competition authorities between 2000 and 2015 with regard to their impact on …

The institutional design of federal merger review in the United States leads to systematic underenforcement of merger … law. This is so even though substantive merger law is relatively well settled, most mergers are not anticompetitive, and … that raise significant competitive issues, and where the analysis of the merger's likely consequences turns on highly fact …

A merger between two innovation competitors is often suspected to reduce the variety of heterogeneous entities which … to light whether firms can indeed be expected to create or maintain "diversity" post-merger. By focusing on the strategic …

, and decreasing production and R\&D efficiencies. In this study, we investigate merger impacts on innovation using a panel … correlated with firms' innovation. Our findings also indicate that merger effect on innovation is heterogeneous across industries …

The impact of innovation on mergers has been a subject of debate in merger enforcements. Firms may decide to merge … on the drivers of mergers, but empirical evidence on innovation-induced changes of merger likelihood is limited. In this … investigate the impact of innovation on merger decisions controlling for business cycles and proxies of neoclassical, behavioural …

condition of the American/US Airways merger. Departing from the existing literature, my model accounts for how the number of …) compared to approving the merger without divestiture, but that it re-allocated surplus between consumers in different markets …