We investigate cartelists' merger behavior using European Commission (EC) cartel decisions over a 28-year span and … information on cartelists' merger activities over the last 30 years. We find that mergers occur frequently but that they cluster … in a few particular industries and usually include only a minority of the cartel participants. The EC's leniency program …

This paper deals with the optimal enforcement of competition law between merger and anti-cartel policies. We examine … account the ensuing incentives for firms in terms of choice between cartels and mergers. To the extent that a tougher anti-cartel … merger's coordinated effect is taken into account, then for a sufficiently large such effect the agency may optimally have to …

In this comprehensive review of ex-post merger studies price effects of horizontal transactions are evaluated. By … combining and further analyzing the results of 52 retrospective studies on 82 mergers or merger-like transactions it can be … shown that the industry alone is no strong indication for the direction of price-related merger effects. However, the "size …

common beliefs and the existing literature, that conspirators often apply for leniency long after a cartel collapses. We …

outcomes, and recommends tighter merger regulation. Since the works of both have been used to support more aggressive antitrust …

is an important enhancement of substantive merger appraisal, it should not be considered sufficient in itself for the … finding of a significant impediment to effective competition in terms of Article 2 of the EU Merger Regulation (EUMR). Rather … of any theory of harm …

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

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