is an important enhancement of substantive merger appraisal, it should not be considered sufficient in itself for the … finding of a significant impediment to effective competition in terms of Article 2 of the EU Merger Regulation (EUMR). Rather … of any theory of harm …

merger between regulated firms when cost synergies are uncertain before the merger and their realization becomes private … information of the merged firm. The optimal merger policy trades off potential cost savings against regulatory distortions from … market induces a more lenient merger policy. The regulated firms' diversification into a competitive segment of the market …

&D and consumer welfare in the long run, which is in contrast to arguments provided by antitrust agencies in recent merger … cases. We provide conditions for when a merger increases industry innovation and when evaluating mergers based on static … price effects is aligned with a fully dynamic merger evaluation. These conditions are based on properties of the product …

We investigate the trade-off between financial stability and competition policy by focusing on the merger of ABN AMRO … and Fortis Bank NL in the Dutch retail banking market. The financial crisis delayed the completion of the merger giving … the first to apply merger simulation methods in the context of banking using disaggregated data. …

This paper evaluates the impact on prices of the 2013 merger between Anheuser-Busch InBev(ABI) and Grupo Modelo and the … study regressions to capture firms' price changes due to this merger/divestiture event. Our empirical analysis reveals … merger/divestiture-induced increases in prices. This finding calls into question whether the remedy imposed by the court for …