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Efficiency of EU merger control in the 1990-2008 period
Serdarević, Goran; Teplý, Petr - 2009
evaluate their real impact on the efficiency of merger regulation. Our main contribution is an empirical analysis of a unique …
Persistent link: https://www.econbiz.de/10010322208
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The Efficiency of EU Merger Control During the Period 1990–2008
Serdareviæ, Goran; Teplý, Petr - In: Czech Journal of Economics and Finance (Finance a uver) 61 (2011) 3, pp. 252-276
regulation are more consistent with the market evaluations. We found that the probability of an anti-competitive deal being …
Persistent link: https://www.econbiz.de/10009216650
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Efficiency of EU Merger Control in the 1990-2008 Period
Teply, Petr; Serdarevic, Goran - Institut ekonomických studií, Univerzita Karlova v Praze - 2009
evaluate their real impact on the efficiency of merger regulation. Our main contribution is an empirical analysis of a unique …
Persistent link: https://www.econbiz.de/10008595762
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The Political Economy of European Merger Control: Evidence using Stock Market Data
Duso, Tomaso; Neven, Damien J.; Röller, Lars-Hendrik - Abteilung "Wettbewerbsfähigkeit und industrieller … - 2002
>ZUSAMMENFASSUNG - (Die politische Ökonomie der europäischen Fusionskontrolle: Evidenz anhand von Aktienmarkt-Daten) <br> In diesem Beitrag …
Persistent link: https://www.econbiz.de/10005772932
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Dynamic competition, exclusionary and exploitative abuses, and article 102 TFEU : towards a concept of systemic market power?
Budzinski, Oliver; Stöhr, Annika - 2024
In this paper, we comment on the debate about guidelines for Art. 102 TFEU in the face of the challenges brought by digital ecosystems and abuse of dominance in related markets. We take the perspective of dynamic competition economics and derive four recommendations for the future enforcement of...
Persistent link: https://www.econbiz.de/10014512364
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An empirical assessment of the 2004 EU merger policy reform
Duso, Tomaso; Gugler, Klaus; Szücs, Florian - 2010
Based on a database of 326 merger cases scrutinized by the European Commission between 1990 and 2007, we evaluate the economic impact of the change in European merger legislation in 2004. We first propose a general framework to assess merger policy effectiveness, which is based on standard...
Persistent link: https://www.econbiz.de/10008822615
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An empirical assessment of the 2004 EU merger policy reform
Duso, Tomaso; Gugler, Klaus; Szücs, Florian - 2012
We propose a general framework to assess merger policy effectiveness based on standard oligopoly theory and stock market reactions. We focus on four different dimensions of effectiveness: 1) legal certainty, 2) decision errors, 3) reversion of anti-competitive rents, and 4) deterrence. We apply...
Persistent link: https://www.econbiz.de/10009551410
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An empirical assessment of the 2004 EU merger policy reform
Duso, Tomaso; Gugler, Klaus; Szücs, Florian - 2010
Dezember 2007 vorlagen, wird in diesem Beitrag die Wirkung der in Mai 2004 eingeführten neuen Regulierung für Firmenfusionen … erforscht. Zuerst wird ein allgemeiner Ansatz vorgeschlagen, um die Effektivität der Fusionskontrolle zu evaluieren, welcher auf …. Vier unterschiedliche Aspekte der Effektivität der Fusionskontrolle werden dann untersucht: 1) die Rechtssicherheit, 2) die …
Persistent link: https://www.econbiz.de/10009408081
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An Empirical Assessment of the 2004 EU Merger Policy Reform
Duso, Tomaso; Gugler, Klaus Peter; Szücs, Florian - 2013
We evaluate the economic impact of the change in European merger legislation in 2004 and propose a general framework focusing on four different policy dimensions: 1) predictability, 2) decision errors, 3) reversion of anti-competitive rents, and 4) deterrence. We find that after the reform the...
Persistent link: https://www.econbiz.de/10014188404
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An empirical assessment of the 2004 EU merger policy reform
Duso, Tomaso; Gugler, Klaus; Szücs, Florian - 2010
Persistent link: https://www.econbiz.de/10008933717