Duso, Tomaso; Gugler, Klaus; Yurtoglu, Burcin B. - 2011 - This version: January 14, 2011
the period 1990-2002 to assess the effectiveness of European merger control. The basic idea is to relate announcement and … decision abnormal returns. Under a set of four maintained assumptions, merger control might be interpreted to be effective if … rents accruing due to the increased market power observed around the merger announcement are reversed by the antitrust …