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. 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. …
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There are legal grounds to hear competitors in merger control proceedings, and competitor involvement has gained … in EU merger cases and give an overview of the legal discussion in the EU and US. …
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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 …
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. It follows that an antitrust authority ignoring existing PPOs when evaluating merger proposals (which reflects the … to the merger. We show that a PPO reduces the minimal synergy level necessary to make a merger beneficial for consumers … current EU merger control regime) invites sneaky takeovers: Acquiring firms strategically use PPOs prior to a full merger …
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