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This paper presents a broad retrospective evaluation of mergers and merger decisions in the digital sector. We first … theories of harm in major merger cases in the past few years. We then analyse the characteristics of almost 300 acquisitions … important merger cases, Facebook/Instagram and Google/Waze, providing a systematic assessment of the theories of harm considered …
Persistent link: https://www.econbiz.de/10012137099
This paper presents a broad retrospective evaluation of mergers and merger decisions in the digital sector. We first … theories of harm in major merger cases in the past few years. We then analyse the characteristics of almost 300 acquisitions … important merger cases, Facebook/Instagram and Google/Waze, providing a systematic assessment of the theories of harm considered …
Persistent link: https://www.econbiz.de/10012138666
This article identifies certain problems faced by parties to transnational merger transactions in view of the global … proliferation in recent years of competition (and, specifically, merger review) laws. After considering the pros and cons of merger … usefully perform in order to make transnational merger review fairer and more efficient …
Persistent link: https://www.econbiz.de/10013159996
In this article we summarize the main problems with the current LIBOR setting, describe our proposal on how to reform LIBOR through a committed quote system (“CLIBOR”), and explain why the final Wheatley Review proposal on how to reform LIBOR, and its reasons for stopping short of our...
Persistent link: https://www.econbiz.de/10013097291
European Community law has played a pivotal role in opening to competition economic sectors previously under the control of public monopolies. As with other sectors such as telecommunications, air transport, electricity, gas, and rail, the postal sector has succumbed to the wave of...
Persistent link: https://www.econbiz.de/10014073491
In recent years, the number of research and development (R&D) partnerships between firms has substantially increased. From the perspective of the individual firm, these partnerships are formed in order to share the risks and benefits of R&D. At the macro level, they result in a global spanning...
Persistent link: https://www.econbiz.de/10013116257
The Austrian Federal Competition Authority (AFCA) invited comment on its draft guidelines for exempting “sustainability agreements” from condemnation under Austrian competition law. That law recently changed, allowing a specific exemption for otherwise anticompetitive horizontal agreements...
Persistent link: https://www.econbiz.de/10014081835
quantify the domestic and cross-border effects of mergers, and to draw conclusions for the coordination of national merger … industries a merger approval policy based on domestic consumer surplus is too restrictive from the viewpoint of the neighboring … country. We also show that adopting a supra-national policy that approves a merger if and only if it increases the sum of …
Persistent link: https://www.econbiz.de/10010341091
Persistent link: https://www.econbiz.de/10002807804
Persistent link: https://www.econbiz.de/10002516814