procedures for merger control. We describe the main constituencies (both internal and external) involved in merger control in … both jurisdictions and discuss how a typical merger case would be handled under these procedures. At each stage, we … informal, the balance in the investigation and evaluation of the merger being provided by the credible threat of a court …

One of the most controversial aspects in the recently adopted U.S. horizontal merger guidelines has been the … leading competition authorities and will likely shape international consensus in merger review. It appears unlikely that this … approach will reduce analytical rigor in merger review and lead to more aggressive merger enforcement with an increased number …

media content, including the AT&T-Time Warner and the Disney-Fox mergers. Using a theory-driven approach, we examine …, we address three research questions: (i) Is the current development of analyzing industry with its recent merger activity … merger control in this industry, as well as a more active abuse control against already vertically-integrated media companies. …

recently revised DOJ/FTC Horizontal Merger Guidelines contain such a change, as the document recognizes the importance of … that could support a very significant increase in the level of merger enforcement. However, we also show how this … DOJ’s expert economist to testify to a narrow market that virtually guaranteed that the merger would be found …

account in merger policy. Although we can show in our study that in one third of all challenged mergers also innovation …

We estimate the deterrence effects of U.S. merger policy instruments with respect to the composition and frequency of … future merger notifications. Data from the Annual Reports by the U.S. DOJ and FTC allow industry based measures over the 1986 … challenge-rate to robustly deter future horizontal (both relative and absolute) merger activity; the investigation-rate to …