Chung, Chune Young; Hasan, Iftekhar; Hwang, Ji Hoon; … - 2023
This study examines how antitrust law adoptions affect horizontal merger and acquisition (M&A) outcomes. Using the … treatment effects does not nullify our results. Overall, antitrust policies seem to deter post-merger monopolistic gains … staggered introduction of competition laws in 20 countries, we find antitrust regulation decreases acquirers’ five …