Duso, Tomaso; Gugler, Klaus; Yurtoglu, Burcin B. - 2011 - This version: January 14, 2011
This paper applies an intuitive approach based on stock market data to a unique dataset of large concentrations during 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...