Affeldt, Pauline Luise; Duso, Tomaso; Szücs, Florian - 2020
We study the evolution of EC merger decisions over the first 25 years of common European merger policy. Using a novel … dataset at the level of the relevant antitrust markets and containing all merger cases scrutinized by the Commission over the … definition and the complexity of the merger. Simple, linear probability models as usually applied in the literature overestimate …