European Commission since 2004, as well as two major gas-electricity mergers in Spain over roughly the same period. Merger …This article surveys, from an economic perspective, the recent application of merger control in the European energy …

This paper studies the use of merger review as a shield to obstacle hostile tender offers of a company. Commenting on …

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 …

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 …

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 …

Common ownership fundamentally upsets the well-settled merger enforcement ecosystem. Not only it challenges basic … principles informing merger policy such as the presumed profitability of mergers for the merging firms and the merger …-specificity of potential efficiencies but also it works against implementing tools and presumptions in merger practice such as …

In this paper, we analyse the final decisions for merger cases prepared by the European Commission (EC) since 1990 and … build a unique subsample for all non-cleared cases. These incorporate all merger notifications which were either withdrawn …

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 …