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We examine antitrust rules in a two county general equilibrium trade model, contrasting national and multilateral (cooperative) determination of competition policy, exploring the properties of the policy equilibrium. It is not imperfect competition, but variation in competitive stance between...
Persistent link: https://www.econbiz.de/10011348345
coordinated and unilateral competitive effects of merger. The central issue considered is when and how market shares, and market … concentration statistics derived from them, form an appropriate basis for presuming harm to competition from merger. This revision …
Persistent link: https://www.econbiz.de/10014047827
that would prevent a merger from harming consumers for 1,014 mergers affecting 12,325 antitrust markets scrutinized by the … concerns about the Commission's merger enforcement being too lax. …
Persistent link: https://www.econbiz.de/10012659077
effects. -- merger simulation ; merger control ; antitrust ; oligopoly theory ; auction models ; mergers & acquisitions … employment of merger simulation models in merger control procedures during the past almost 15 years. Merger simulation is … of state-of-the-art merger simulation models and review their previous employment in merger cases as well as the problems …
Persistent link: https://www.econbiz.de/10003864445
effects. -- merger simulation ; merger control ; antitrust ; oligopoly theory ; auction models ; mergers & acquisitions … employment of merger simulation models in merger control procedures during the past almost 15 years. Merger simulation is … of state-of-the-art merger simulation models and review their previous employment in merger cases as well as the problems …
Persistent link: https://www.econbiz.de/10003821585
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 …
Persistent link: https://www.econbiz.de/10009751721
assessment of anticompetitive innovation effects in merger review. By focusing on the applied U.S. Antitrust, it turns out that …
Persistent link: https://www.econbiz.de/10010229899
This Essay provides an overview of U.S. antitrust merger practice in addressing efficiencies both in terms of actual … practitioners play during the merger process in shaping whether or not the agencies will litigate a case, or the types of issues … that end in litigation. Moreover, the article does not sufficiently analyze merger enforcement decisions at the agencies …
Persistent link: https://www.econbiz.de/10013127802
post-merger R&D efforts (including lower expenditure). SIEIC is distinct from the mainstream unilateral effects theory of … applied in merger cases? This paper is divided into three sections. In Section I, the SIEIC theory of harm is described and … recently, the European Commission (“Commission”) used its powers under the EU Merger Regulation (“EUMR”) to impose remedies in …
Persistent link: https://www.econbiz.de/10012852989
This paper deals with the optimal enforcement of competition law between merger and anti-cartel policies. We examine … merger's coordinated effect is taken into account, then for a sufficiently large such effect the agency may optimally have to …
Persistent link: https://www.econbiz.de/10013046016