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Using a sample of 167 mergers during the period 1990-2002 involving 544 firms either as merging firms or competitors …, we contrast a measure of the merger's profitability based on event studies with one based on accounting data. We find … case of anticompetitive mergers. …
Persistent link: https://www.econbiz.de/10010365892
This paper presents a broad retrospective evaluation of mergers and merger decisions in the digital sector. We first … investigated mergers and whether a more effective merger control regime can be achieved within the current legal framework. … theories of harm in major merger cases in the past few years. We then analyse the characteristics of almost 300 acquisitions …
Persistent link: https://www.econbiz.de/10012137099
This paper presents a broad retrospective evaluation of mergers and merger decisions in the digital sector. We first … investigated mergers and whether a more effective merger control regime can be achieved within the current legal framework. … theories of harm in major merger cases in the past few years. We then analyse the characteristics of almost 300 acquisitions …
Persistent link: https://www.econbiz.de/10012138666
accurately evaluate the economic impact of mergers. Using a detailed dataset for the leading manufacturers in the US during the … late nineties, I evaluate the welfare effects of the biggest ($25 billion) merger in the history of the PC industry between … compute the welfare effects. I extend previous research by analysing the merger effects not only for the whole market but also …
Persistent link: https://www.econbiz.de/10012771357
Persistent link: https://www.econbiz.de/10003350611
This article identifies certain problems faced by parties to transnational merger transactions in view of the global … proliferation in recent years of competition (and, specifically, merger review) laws. After considering the pros and cons of merger … usefully perform in order to make transnational merger review fairer and more efficient …
Persistent link: https://www.econbiz.de/10013159996
Persistent link: https://www.econbiz.de/10012931955
Closing the loopholes of downstream application of the Capper-Volstead exemption in the food system and pay for delay in pharmaceuticals is an important advance in US and EU antitrust norms. First, pay-for-delay conduct has been harmful for pharmaceuticals customers. After ten years of...
Persistent link: https://www.econbiz.de/10012912713
-competitive patent settlements and hold-ups in relation to standard setting processes, in addition to the modern focus on mergers that …
Persistent link: https://www.econbiz.de/10011723874
The question of whether and how partial common-ownership links between strategically interacting firms affect firm objectives and behavior has been the subject of theoretical inquiry for decades. Since then, the growth of intermediated asset management and consolidation in the asset-management...
Persistent link: https://www.econbiz.de/10012932628