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This paper presents a broad retrospective evaluation of mergers and merger decisions in the digital sector. We first … theories of harm in major merger cases in the past few years. We then analyse the characteristics of almost 300 acquisitions … important merger cases, Facebook/Instagram and Google/Waze, providing a systematic assessment of the theories of harm considered …
Persistent link: https://www.econbiz.de/10012137099
This paper presents a broad retrospective evaluation of mergers and merger decisions in the digital sector. We first … theories of harm in major merger cases in the past few years. We then analyse the characteristics of almost 300 acquisitions … important merger cases, Facebook/Instagram and Google/Waze, providing a systematic assessment of the theories of harm considered …
Persistent link: https://www.econbiz.de/10012138666
Over the period 2015-2017, the five giant technologically leading firms, Google, Amazon, Facebook, Amazon and Microsoft (GAFAM) acquired 175 companies, from small start-ups to billion dollar deals. By investigating this intense M&A, this paper ambitions a better understanding of the Big Five's...
Persistent link: https://www.econbiz.de/10012154717
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 …
Persistent link: https://www.econbiz.de/10011781038
We study the effect of a merger between two Dutch supermarket chains to assess its effect on the depth as well as … composition of assortment. We adopt a difference-in-differences strategy that exploits local variation in the merger's effects …, controlling for selection on observables through a matching procedure when defining our control group. We show that the merger led …
Persistent link: https://www.econbiz.de/10012543525
increased the risks associated with the merger control process for businesses in Ireland and the EU. The first section of this … section examines proposed reforms regarding the types of transactions which must be notified under the merger control rules at …
Persistent link: https://www.econbiz.de/10014130931
The appropriate role of merger efficiencies remains unresolved in US antitrust law and policy. The Patient Protection … challenges for antitrust. Most hospital merger cases focus on cost based efficiencies, as does most of the academic empirical … quality analysis both in the 2010 Horizontal Merger Guidelines and in antitrust case law. In doing so, the essay identifies …
Persistent link: https://www.econbiz.de/10014141191
Revisions incorporated into the Horizontal Merger Guidelines in 2010 claim that the Department of Justice and the …
Persistent link: https://www.econbiz.de/10014143894
The fate of conglomerate merger control appeared sealed when the European Commission, following the example its US … counterparts, included a strong presumption of legality in favour of conglomerate concentrations in its 2008 non-horizontal merger …, conglomerate effects have been making a significant come-back in the European Commission’s merger assessments, and that even the …
Persistent link: https://www.econbiz.de/10014094201
, and addresses policy concerns about merger efficiencies, error costs, the impact of heighted scrutiny of such mergers on …
Persistent link: https://www.econbiz.de/10013307744