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In the last decades, many European hospital markets witnessed a wave of mergers leading to increased levels of market … concentration. The effects of hospital mergers and the effectiveness of competition enforcement have been discussed by politicians … but understudied by academics. This report studies how hospital mergers impact hospital service provision by focusing on …
Persistent link: https://www.econbiz.de/10012612822
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merger, to balance them against the potential for increased costs. However, a branch of health care economics lets us make … approach and the 2010 Horizontal Merger Guidelines contemplate it in Section 5. It enables us to use established procedures to … put the quality of care into healthcare merger analysis …
Persistent link: https://www.econbiz.de/10012921175
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 …
Persistent link: https://www.econbiz.de/10011518760
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 …
Persistent link: https://www.econbiz.de/10012652877
We analyze evidence production in merger control as a delegation problem in an inquisitorial competition policy system …. The antitrust agency’s incentives to produce evidence on the efficiency of a merger proposal depend critically on its … implemented only after evidence on the efficiency of a merger proposal has been produced. …
Persistent link: https://www.econbiz.de/10012438354
This paper analyzes a merger of large manufacturers with divestiture in the French coffee market. In contrast to …
Persistent link: https://www.econbiz.de/10014561412
. Even if market concentration and technological disadvantages lead to a significant welfare reduction after merger, from …
Persistent link: https://www.econbiz.de/10010343946
appropriate simulation model for any given merger proposal. Due to the inevitable necessity to reduce real-world complexity and … multi-parameter character of merger cases, the comparative fit of proposed merger simulation models with mutually … regarding two aspects. First, the scope for partisan economic evidence cannot be completely eroded in merger control. Second …
Persistent link: https://www.econbiz.de/10003864436