pursuant to Articles 81, 82 and 86 EC Treaty, as well as landmark European merger cases. The decisions are organized according …

This paper empirically evaluates the price effects of the merger of two major book retail chains in the UK: Waterstone … information on a sample of 200 books sold in 60 stores in 50 different local markets for a period of four years around the merger … prices, we undertake an ex-post assessment of the impact of the merger at both levels. At the local level, we compare the …

efficiency - that have been absent from, if not violated by, the rulings in these merger cases …

This paper develops a signalling model to look at some effects of the inclusion of an efficiency defence in merger … evidence and the way it has been produced) as a tool to (partially) separate different merger types by changing approval … probabilities and, consequently, firms' expected pay-offs from a merger. The separation leads to a lower value of the expected …

merging firms concerning efficiencies due to mergers. Effort level and merger type determine the probability of producing the …

This paper empirically evaluates the effects of a merger between the two largest book retail chains in the UK. We build … difference-in-differences techniques to assess the impact of the merger. A key feature of the books market is that titles become … obsolete very quickly. Therefore, we compare different titles before and after the merger in an hedonic approach. Since retail …

This paper empirically evaluates the price effects of the merger of two major book retail chains in the UK: Waterstone … information on a sample of 200 books sold in 60 stores in 50 different local markets for a period of four years around the merger … prices, we undertake an ex-post assessment of the impact of the merger at both levels. At the local level, we compare the …

We study upstream horizontal mergers and their potential efficiency gains. We show that an upstream horizontal merger … and decreases wholesale prices when downstream competition is not too strong. Examining whether the merger’s potential …

The past forty years have witnessed a remarkable transformation in horizontal merger enforcement in the United States … using merger enforcement data and a survey we conducted of merger practitioners that the decline in antitrust enforcement is … ongoing, especially at the current Justice Department. We then argue in favor of reinvigorating horizontal merger enforcement …

We find that stricter merger control legislation increases abnormal announcement returns of targets in bank mergers by … 7 percentage points. Analyzing potential explanations for this result, we document an increase in the pre-merger … other banks. Other merger properties, including the size and risk profile of targets, the geographic overlap of merging …