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effects. -- merger simulation ; merger control ; antitrust ; oligopoly theory ; auction models ; mergers & acquisitions … employment of merger simulation models in merger control procedures during the past almost 15 years. Merger simulation is …, nevertheless, still a very young and innovative instrument of antitrust and, therefore, its "technical" potential is far from being …
Persistent link: https://www.econbiz.de/10003864445
effects. -- merger simulation ; merger control ; antitrust ; oligopoly theory ; auction models ; mergers & acquisitions … employment of merger simulation models in merger control procedures during the past almost 15 years. Merger simulation is …, nevertheless, still a very young and innovative instrument of antitrust and, therefore, its ‘technical’ potential is far from being …
Persistent link: https://www.econbiz.de/10003821585
The analysis of unilateral effects in horizontal mergers — especially on markets for differentiated goods — can take … is an important enhancement of substantive merger appraisal, it should not be considered sufficient in itself for the … finding of a significant impediment to effective competition in terms of Article 2 of the EU Merger Regulation (EUMR). Rather …
Persistent link: https://www.econbiz.de/10013020744
consultants) anticipate the critical questions and potential paths that should be addressed regarding antitrust merger risk. This … affected merger review, investments, decision making, and counsel. The surveys also offer antitrust agencies an opportunity to …Estimating antitrust risk is fundamental to identifying, proposing, and pricing deals. A more informed understanding of …
Persistent link: https://www.econbiz.de/10014235831
attributable to the markets of concern. (i.e., by the “overlap”). If an antitrust agency challenges a merger having only a small …Most mergers involve multiple markets. The potential for settlement can vary by the fraction of the overall deal … to litigation. Regulators, antitrust attorneys, and expert economists have long wondered if the degree of overlap …
Persistent link: https://www.econbiz.de/10014126330
Mergers involving nascent competition are a hot topic in antitrust circles, especially in light of the pending FTC case …, and addresses policy concerns about merger efficiencies, error costs, the impact of heighted scrutiny of such mergers on … majority of such mergers are likely to be benign or procompetitive, some might be very harmful to competition and economic …
Persistent link: https://www.econbiz.de/10013307744
combining and further analyzing the results of 52 retrospective studies on 82 mergers or merger-like transactions it can be …In this comprehensive review of ex-post merger studies price effects of horizontal transactions are evaluated. By … shown that the industry alone is no strong indication for the direction of price-related merger effects. However, the "size …
Persistent link: https://www.econbiz.de/10012652877
. The antitrust agency’s incentives to produce evidence on the efficiency of a merger proposal depend critically on its …We analyze evidence production in merger control as a delegation problem in an inquisitorial competition policy system … implemented only after evidence on the efficiency of a merger proposal has been produced. …
Persistent link: https://www.econbiz.de/10012438354
Digital platforms operate in multisided markets providing services through the internet to two or more distinct groups … group. Therefore, online platforms usually present both direct network effects, between individual members of the same group … mergers in two-sided markets, taking account of the recent practice of the Commission …
Persistent link: https://www.econbiz.de/10012949267
Persistent link: https://www.econbiz.de/10012271158