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This paper examines cartel overcharges for the European market. Using a sample of 191 overcharge estimates and several parametric and semi-parametric estimation procedures, the impact of different cartel characteristics and the market environment on the magnitude of overcharges is analyzed. The...
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The complexity of co-operation in cross-border competition law enforcement increased significantly between 1990 and 2011, underlining the urgency to improve techniques and tools of competition authority co-operation. As international trade has increased, the number of competition law enforcement...
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This study examines how antitrust law adoptions affect horizontal merger and acquisition (M&A) outcomes. Using the …-day cumulative abnormal returns surrounding horizontal merger announcements. A decrease in deal value, target book assets, and … treatment effects does not nullify our results. Overall, antitrust policies seem to deter post-merger monopolistic gains …
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This Article explores the 2010 merger of United Airlines and Continental Airlines - which usurped Delta's briefly …-held title as the world's largest airline - as well as the failed merger of Greece's two largest airlines, Olympic Air and Aegean … United and Continental merger, explaining pertinent portions of each airline's corporate history over the past 10 years …
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