Clougherty, Joseph A. - 2015
We estimate the deterrence effects of European Commission (EC) merger policy instruments over the 1990-2009 period. Our … remedies, and preventions – phase-1 remedies lead to fewer merger notifications in subsequent years.Furthermore, the deterrence …-off level employed by the EC.Additionally, we find that phase-1 remedies do not deter clearly pro-competitive mergers, but do …