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Merger decisions made by the South African Competition Commission from April 2002 to March 2010 are analyzed to empirically identify the factors, which have historically in uenced prohibition, conditional approval and unconditional approval. The key explanatory variables are linked to provisions...
Persistent link: https://www.econbiz.de/10009246870
Persistent link: https://www.econbiz.de/10010341543
This paper analyses all final merger decisions by the European Commission from the beginning of 1990 up to the end of 2019. We use a novel dataset, containing information about 6245 merger cases from all economic sectors and combining all sorts of decisions, inclusive of withdrawn and prohibited...
Persistent link: https://www.econbiz.de/10013461485
This paper aims to build and empirically evaluate a discrete choice model of merger remedies as a basis for policy analysis. The database consists of 229 merger cases accepted in Phase I or Phase II of the European merger process between 1990 and 2005. We focus on the following question: Which...
Persistent link: https://www.econbiz.de/10013068862
I analyze empirically all European Commission's decisions regarding “unilateral effects” aspects of horizontal mergers before and after the 2004 reform, which introduced the “significant impediment to effective competition” test in merger policy. I find that, after the reform, the...
Persistent link: https://www.econbiz.de/10012933510
This paper aims to build and empirically evaluate a discrete choice model of merger remedies as a basis for policy analysis. The database consists of 229 merger cases accepted in Phase I or Phase II of the European merger process between 1990 and 2005. We focus on the following question: Which...
Persistent link: https://www.econbiz.de/10012709643
This paper tests a model of political control of the bureaucracy using a data set of mergers evaluated by the Federal Trade Commission between 1983 and 2000. The results support a sophisticated control model in which the President sets the agenda within the scope of policies acceptable to...
Persistent link: https://www.econbiz.de/10013081014
This study investigates the optimality hypothesis of taxation and the volatility thereof in South Africa when using appropriate tax rates within a dynamic stochastic environment. Using a Marshallian macroeconomic model disaggregated by sectors (MMM-DA) several features of the South African...
Persistent link: https://www.econbiz.de/10010549209
Antitrust law is undergoing a transformation that is detrimental to the interest of the general public. “Romantics” are taking over antitrust law—a fact evinced by recent public outreach instruments. This transformation is grounded in populist rhetoric that pits the “elites” (often,...
Persistent link: https://www.econbiz.de/10012849113
This article is motivated by a growing interest in the problem of merger control quality assessment. Remedies are one of the instruments of merger control and have a significant influence on the results of it. This paper aims to build and empirically evaluate a discrete choice model of merger...
Persistent link: https://www.econbiz.de/10014142270