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We show that the number of merger proposals (frequency-based deterrence) is a more appropriate indicator of underlying changes in merger policy than the relative anti-competitiveness of merger proposals (composition-based deterrence). This has strong implications for the empirical analysis of...
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This paper investigates a dataset that codes key features of the competition laws of 102 countries. It first compares … mergers. The second question examined in this paper is whether competition law has any effect on the intensity of competition … within a nation. We find, in ordinary least squares regressions, that the scope of a country's competition law is positively …
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Basing-point pricing is known to have been abused by geographically dispersed firms in order to eliminate competition …
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