restrictions. This calls for a "financial" efficiency defense in the merger law. We also show that cross-border M&As are not only …

-competitive effects that may result from mergers and acquisitions. In order to appropriately consider efficiency claims in the merger … efficiency gains in merger analysis …. Consequently, many antitrust agencies take into account the balancing effects of efficiency gains compared to anti …

ermöglicht. Das Erklärungs-modell strukturiert gängige, öko-nomische Ansätze danach, ob diese erstens die Effizienz oder die …

This study examines how antitrust law adoptions affect horizontal merger and acquisition (M&A) outcomes. Using the …-day cumulative abnormal returns surrounding horizontal merger announcements. A decrease in deal value, target book assets, and … treatment effects does not nullify our results. Overall, antitrust policies seem to deter post-merger monopolistic gains …

theory and the New Deal experience with partial repeal of the antitrust laws and cartelization of labor to examine the … interventionist and pro-consumer standard would, she said, combat the downturn and encourage recovery. Both macroeconomic theory and … prices, regardless of the conduct’s overall efficiency impact.Thus, conduct that survives scrutiny under the …

the efficiency of institutions worldwide, the problem concerning the availability of internationally standardized data …. We calculate efficiency scores for more than 4,800 universities and other research-focused institutions worldwide … America or Europe. The results of the study show that institutions in the Pacific region have the highest average efficiency …