The compulsory notifications for mergers transactions under the framework of antitrust law aims to remedy anti-competitive harm by blocking or conditionally approving mergers ex ante in conjunction with the deterrence effects. However, such a mechanism brings prominent costs in addition to the...

This paper sets out the findings of an ex-post economic assessment of the conditionally approved merger between Pioneer Hi-Bred International (Pioneer) and Pannar Seed Limited (Pannar). We critically assess the economic effects of the transaction in the South African market for hybrid maize seed...

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...