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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
information about suitable merger targets and to manage the merged corporation in case of an acquisition. Our results show that … high-powered incentives and, hence, a high personal income at the merger-management stage. We derive conditions under which …
Persistent link: https://www.econbiz.de/10010340013
We analyze the effects of structural remedies on merger activity in a Cournot oligopoly when the antitrust agency … induces strictly price-decreasing mergers. Finally, under incomplete information an effcient merger type is to be doomed to …
Persistent link: https://www.econbiz.de/10010340565
predicts that a merger is more likely to be profitable in an innovation intensive industry. For a high degree of firm … heterogeneity a merger reduces innovation in both the merged entity and in non-merging competitors in an industry with high R … consistent with many predictions of the theoretical model. Our main result is that after a merger patenting and R\&D of the …
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We study for a sample of international mergers and acquisitions the effectiveness of three takeover bidding strategies …
Persistent link: https://www.econbiz.de/10010487267
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Persönlichkeiten aus der Wirtschaftspraxis zum Thema der europäischen Fusionskontrolle. -- Ingo Schmidt beleuchtet in seinem Beitrag … Entstehungsgeschichte, Ziele und Entscheidungspraxis der europäischen Fusionskontrolle, bevor die europäische Fusionskontrolle … ordnungspolitisch gewürdigt wird. Die Analyse der Motive verschiedener Untersagungen durch die europäische Fusionskontrolle ergibt, daß …
Persistent link: https://www.econbiz.de/10011402110