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We use a sample of 167 mergers during the period 1990-2002 involving 544 firms either as merging firms or competitors …. We contrast a measure of the merger’s profitability based on event studies with one based on accounting data. We find …
Persistent link: https://www.econbiz.de/10005772924
The critical loss test proposed by Barry Harris and Joseph Simons has become popular in helping define U.S. antitrust …
Persistent link: https://www.econbiz.de/10005776083
Using a sample of 167 mergers during the period 1990-2002 involving 544 firms either as merging firms or competitors … case of anticompetitive mergers. …
Persistent link: https://www.econbiz.de/10005739706
merging and rival firms’ stocks to quantify the profitability effects of mergers and merger control decisions. We back up our … results and methodology by using alternative measures for the merger’s profitability effects based on balance-sheet data and … mergers during the first investigation phase. Yet, they are on the whole ineffective or even detrimental when applied after …
Persistent link: https://www.econbiz.de/10005612415
competition theories and views on pro- and anti-competitive effects of mergers (especially Harvard, Chicago, and Post … US legislation, antitrust agencies' enforcement policy and federal courts' adjudication practice with focus on changes in … the economic analysis of mergers and their impact on market competition. This part of the study covers the period from the …
Persistent link: https://www.econbiz.de/10011123295
competition theories and views on pro- and anti-competitive effects of mergers (especially Harvard, Chicago, and Post … US legislation, antitrust agencies' enforcement policy and federal courts' case-law with focus on changes in the economic … analysis of mergers and their impact on market competition. The first part of the study covers the years 1890-1973. Apart from …
Persistent link: https://www.econbiz.de/10011123316
merging and rival firms' stocks to quantify the profitability effects of mergers and merger control decisions. We back up our … mergers during the first investigation phase. Yet, they are on the whole ineffective or even detrimental when applied after … merging firms to rivals when mistakenly applied to pro-competitive mergers. …
Persistent link: https://www.econbiz.de/10010365889
Using a sample of 167 mergers during the period 1990-2002 involving 544 firms either as merging firms or competitors … case of anticompetitive mergers. …
Persistent link: https://www.econbiz.de/10010365892
. The Court found that antitrust analysis of two-sided platforms that enable transactions between distinct groups, such as … of antitrust issues involving these sorts of businesses. This book explains the economic basis for the Court's analysis … levied against the Court's analysis. Given the growing importance platforms in the economy, particularly digital ones …
Persistent link: https://www.econbiz.de/10012837890
platforms tend toward dominance in their immediately adjacent relevant-product markets. Google, for example, has long held a … majority share of the markets for general-search results and advertising, prompting antitrust and competition-law scrutiny of … its conduct.But some digital platforms also possess the ability and incentive to increase concentration in seemingly …
Persistent link: https://www.econbiz.de/10012958316