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. …

the period 1990-2002 to assess the effectiveness of European merger control. The basic idea is to relate announcement and … decision abnormal returns. Under a set of four maintained assumptions, merger control might be interpreted to be effective if … rents accruing due to the increased market power observed around the merger announcement are reversed by the antitrust …

assess merger control's effectiveness. By using data gathered from several sources and employing different evaluation … techniques, we analyze the economic effects of the European Commission's (EC) merger control decisions and distinguish between … merging and rival firms' stocks to quantify the profitability effects of mergers and merger control decisions. We back up our …

The paper studies the effects of the Pfizer and Pharmacia (2003) merger on competition in the Swiss pharmaceutical … market and compares the assessment of the Swiss Competition Commission (COMCO) with the post-merger market developments. We … find that the merger has had a miniscule impact on the Swiss pharmaceutical market. This has primarily to do with the fact …

The paper studies the effects of the Pfizer and Pharmacia (2003) merger on competition in the Swiss pharmaceutical … market and compares the assessment of the Swiss Competition Commission (COMCO) with the post-merger market developments. We … find that the merger has had a miniscule impact on the Swiss pharmaceutical market. This has primarily to do with the fact …

We analyze the efficiency defense in merger control. First, we show that the relationship between exogenous efficiency … find that merger proposals are largely aligned with a proper social welfare analysis which explicitly considers the without … merger counterfactual. We demonstrate that the merger specificity requirement does not help much to select socially desirable …

We analyze the welfare effects of structural remedies on merger activity in a Cournot oligopoly if the antitrust agency …

We investigate the impact of cartel breakdowns on merger activity. Merging information on cartel cases decided by the … European Commission (EC) between 2000 and 2011 with a detailed data set of worldwide merger activity, we find that, first, the … average number of all merger transactions increase by up to 51 percent when comparing the three years before the cartel …

assessment of anticompetitive innovation effects in merger review. By focusing on the applied U.S. Antitrust, it turns out that …

to the merger. We show that a PPO reduces the minimal synergy level necessary to make a merger beneficial for consumers …. It follows that an antitrust authority ignoring existing PPOs when evaluating merger proposals (which reflects the … current EU merger control regime) invites sneaky takeovers: Acquiring firms strategically use PPOs prior to a full merger …