Hüschelrath, Kai; Smuda, Florian - 2013
breakdowns with the three years afterwards. Second, for the subset of horizontal mergers, merger activity is found to increase …We investigate the impact of cartel breakdowns on merger activity. Merging information on cartel cases decided by the … European Commission (EC) between 2000 and 2011 with a detailed data set of worldwide merger activity, we find that, first, the …