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An empirical assessment of the 2004 EU merger policy reform
Duso, Tomaso; Gugler, Klaus; Szücs, Florian - 2010
tools; and 4) deterrence of anti-competitive mergers. To infer the economic impact of the merger policy reform, we compare … the results of our four tests before and after its introduction. Our results suggest that the policy reform seems to have …
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 - 2010
tools; and 4) deterrence of anti-competitive mergers. To infer the economic impact of the merger policy reform, we compare … the results of our four tests before and after its introduction. Our results suggest that the policy reform seems to have … been only a modest improvement of European merger policy. -- merger control ; regulatory reform ; EU Commission ; event-study …
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
, and 4) deterrence. We find that after the reform the predictability and the accuracy of decisions have improved. Yet, the …
Persistent link: https://www.econbiz.de/10014188404
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An Empirical Assessment of the 2004 EU Merger Policy Reform
Duso, Tomaso; Guglery, Klaus; Szücs, Florian - 2010
tools; and 4) deterrence of anti-competitive mergers. To infer the economic impact of the merger policy reform, we compare … the results of our four tests before and after its introduction. Our results suggest that the policy reform seems to have …
Persistent link: https://www.econbiz.de/10010334119
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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/10010309223
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An empirical assessment of the 2004 EU merger policy reform
Duso, Tomaso; Gugler, Klaus; Szücs, Florian - In: The economic journal : the journal of the Royal … 123 (2013) 572, pp. 596-619
Persistent link: https://www.econbiz.de/10010338242
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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
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Die Ökonomisierung der Europäischen Fusionskontrolle: Eine Evaluierung
Duso, Tomaso; Szücs, Florian - In: DIW Wochenbericht 81 (2014) 29, pp. 699-704
besser zu ermöglichen, wurde die Europäische Fusionskontrolle 2004 einer umfassenden Reform unterzogen. Das Ziel war, den …Aufgabe der Fusionskontrolle ist es, die Interessen der Konsumenten großen Unternehmen gegenüber zu schützen. Um dies … nach der Reform weniger Fehlentscheidungen trifft. Allerdings werden Verbote, die ein klares Signal an den Markt sind, zu …
Persistent link: https://www.econbiz.de/10010378284
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An empirical assessment of the 2004 EU merger policy reform
Duso, Tomaso; Gugler, Klaus; Szücs, Florian - 2010
tools; and 4) deterrence of anti-competitive mergers. To infer the economic impact of the merger policy reform, we compare … the results of our four tests before and after its introduction. Our results suggest that the policy reform seems to have … erforscht. Zuerst wird ein allgemeiner Ansatz vorgeschlagen, um die Effektivität der Fusionskontrolle zu evaluieren, welcher auf …
Persistent link: https://www.econbiz.de/10010280556
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Die Ökonomisierung der Europäischen Fusionskontrolle : eine Evaluierung
Duso, Tomaso; Szücs, Florian - In: DIW-Wochenbericht : Wirtschaft, Politik, Wissenschaft 81 (2014) 29, pp. 699-704
besser zu ermöglichen, wurde die Europäische Fusionskontrolle 2004 einer umfassenden Reform unterzogen. Das Ziel war, den …Aufgabe der Fusionskontrolle ist es, die Interessen der Konsumenten großen Unternehmen gegenüber zu schützen. Um dies … nach der Reform weniger Fehlentscheidungen trifft. Allerdings werden Verbote, die ein klares Signal an den Markt sind, zu …
Persistent link: https://www.econbiz.de/10010380680