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recognized the importance of innovation in many of their decisions, we are at a critical turning point for the future of merger …
Persistent link: https://www.econbiz.de/10012889940
could indicate a move towards converging with the European jurisdiction in many respects. In particular, the Turkish merger … control regime has been introduced to a new communiqué and a draft guideline to interpret ex ante merger review in light of … comparable European counterparts, while retaining their Turkey-specific features …
Persistent link: https://www.econbiz.de/10012923643
interpretation. This article provides an overview of some of the significant developments in the 2010 U.S. Horizontal Merger … delves into discussions of Turkish competition law matters, as an example of emerging merger regime models, with respect to …
Persistent link: https://www.econbiz.de/10012923690
The duration of merger proceedings held by competition authorities is an important determinant of the efficiency of the … entire merger control process. We use a dataset of 2953 Phase I and 92 Phase II investigations completed by the European … also provide evidence that the significant increase in average duration identified after the 2004 merger regulation reform …
Persistent link: https://www.econbiz.de/10011316395
actually reduce consumer surplus which opposes the use of an efficiency defense in merger control. …
Persistent link: https://www.econbiz.de/10010360044
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
assess merger control's effectiveness. By using data gathered from several sources and employing different evaluation … techniques, we analyze the economic effects of the European Commission's (EC) merger control decisions and distinguish between … merging and rival firms' stocks to quantify the profitability effects of mergers and merger control decisions. We back up our …
Persistent link: https://www.econbiz.de/10010365889
, we contrast a measure of the merger's profitability based on event studies with one based on accounting data. We find …
Persistent link: https://www.econbiz.de/10010365892
reactions around the day of the merger's announcement provide information on the first question, whereas the stock market … hypotheses on the effects that remedies are supposed to achieve depending on the merger's competitive outcome. We isolate several … merging firms' bargaining power during the second phase of the merger review. …
Persistent link: https://www.econbiz.de/10010366535
Persistent link: https://www.econbiz.de/10010254715