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 …

Should internet era merger policy differ from industrial era merger policy? Platform ecosystems rely on economies of … traditional merger policy tools. This paper examines the acquisition strategies of the five major U.S. platforms—Google, Amazon …, Facebook, Apple, and Microsoft— since their inception. We discuss the main merger and acquisition theories of harm and how …

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 …

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 …

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 …

We consider merger remedies of the U.S. Department of Justice's Antitrust Division and the U.S. Federal Trade …

The impact of the announcement of a takeover bid has been widely tested in foreign literature. Therefore, the main goal … of this paper is to research the impact of the announcement of a takeover bid on the share price movements in the … takeover bid affects the share prices of the target company, which is consistent with the results of previous research …

This Article explores the 2010 merger of United Airlines and Continental Airlines - which usurped Delta's briefly …-held title as the world's largest airline - as well as the failed merger of Greece's two largest airlines, Olympic Air and Aegean … Airlines, and the antitrust considerations associated with each of these transactions. Part II of this Article details the …

Documenting the US antitrust review process for M&As in detail, we unveil that regulatory costs and risks are … antitrust review outcome leads to a decline of 2.8 percent in acquirer firm value. We also show that lobbying before deal … antitrust concerns. However, this positive value effect of lobbying applies only in firms with strong corporate governance. Post …

This study examines the impact of merger and acquisition (M&A) announcements made by U.S. companies listed on New York …