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price decline after the merger. This decline suggests the remedies were effective in limiting the potential anti …-competitive effects of the merger. Moreover, it suggests that ownership unbundling has generated improved access to the hub. Therefore …, the remedies may have done more than simply mitigate the potential anticompetitive effects of the merger; they may have …
Persistent link: https://www.econbiz.de/10012956135
price decline after the merger. This decline suggests the remedies were effective in limiting the potential anti …-competitive effects of the merger. Moreover, it suggests that ownership unbundling has generated improved access to the hub. Therefore …, the remedies may have done more than simply mitigate the potential anti-competitive effects of the merger; they may have …
Persistent link: https://www.econbiz.de/10012942870
This paper analyzes the effects of a merger between a German supermarket chain and a soft discounter on consumer prices … indicate that both insiders and outsiders raised average prices after the merger, particularly in regions with high expected … change in retail concentration. In contrast, we estimate price declines in regions that did not experience a rise in …
Persistent link: https://www.econbiz.de/10011781038
Persistent link: https://www.econbiz.de/10011761834
reactions around the day of the merger's announcement provide information on the first question, whereas the stock market … hypotheses on the effects that remedies are supposed to achieve depending on the merger's competitive outcome. We isolate several … merging firms' bargaining power during the second phase of the merger review. …
Persistent link: https://www.econbiz.de/10010366535
Persistent link: https://www.econbiz.de/10012834447
Merger control exists to help safeguard effective competition. However, findings from a natural experiment suggest that … regulatory merger control reduces the profitability of corporate acquisitions. Uncertainty about merger control decisions reduces … takeover threats from foreign and very large acquirers, therefore facilitating agency-motivated deals. Valuation effects are …
Persistent link: https://www.econbiz.de/10012902705
• When a supplier has multiple uses for its product, its sales-based share in a market may provide more useful first indications of its market power in that market than its production- or capacity-based share.• In particular, the small sales share of a supplier in a market suggests that its...
Persistent link: https://www.econbiz.de/10012866265
following a merger. No merger should be unconditionally cleared if it involves a large amount of users' data. The chapter …
Persistent link: https://www.econbiz.de/10012852029
We discuss and evaluate recent developments and the debate in merger control in the digital markets. Our focus is on …
Persistent link: https://www.econbiz.de/10012861701