Showing 81 - 90 of 700,121
interpretation. This article provides an overview of some of the significant developments in the 2010 U.S. Horizontal Merger … delves into discussions of Turkish competition law matters, as an example of emerging merger regime models, with respect to …
Persistent link: https://www.econbiz.de/10012923690
One of the most controversial aspects in the recently adopted U.S. horizontal merger guidelines has been the … leading competition authorities and will likely shape international consensus in merger review. It appears unlikely that this … approach will reduce analytical rigor in merger review and lead to more aggressive merger enforcement with an increased number …
Persistent link: https://www.econbiz.de/10013226404
authorities should assess a transaction where the main theory of harm is based on innovation considerations …
Persistent link: https://www.econbiz.de/10013321459
Partial ownership of stock in multiple competing firms is an important scholarly and policy topic in both corporate and antitrust law. Until now, the discussion has focused on ownership. This essay shifts the debate from a focus on common ownership to a focus on common control. No prior work has...
Persistent link: https://www.econbiz.de/10013236520
such a rule would cause a considerable amount of false positives. -- oligopoly theory ; horizontal merger policy … mergers. If this assumption held, a positive external effect of a proposed merger would represent a sufficient condition to … allow the merger. However, the empirical picture on mergers and acquisitions reveals a significant share of unprofitable …
Persistent link: https://www.econbiz.de/10003821593
There is broad concern that merger policy toward Big Tech has been too lenient. Big Tech typically operates in markets … merger policy promotes innovative entry by facilitating entry for buyout. I show that permissive merger policy can also … such improvements reduce the gains from merger. A second way is by facilitating incumbency for buyout, under which an …
Persistent link: https://www.econbiz.de/10012831560
In FTC v. Lundbeck, courts rejected a challenge to an acquisition placing under common control the only two drugs for treating a heart defect in newborns. Although the court decisions in the case have been severely criticized, they might well have achieved the right result for the right reason....
Persistent link: https://www.econbiz.de/10013110401
affected firms' margins and merger activity. We find that these programs, which give amnesty to cartel conspirators that … merger review process might be a prerequisite for strengthening anti-collusion enforcement …
Persistent link: https://www.econbiz.de/10012904944
This study examines how antitrust law adoptions affect horizontal merger and acquisition (M&A) outcomes. Using the …-day cumulative abnormal returns surrounding horizontal merger announcements. A decrease in deal value, target book assets, and … treatment effects does not nullify our results. Overall, antitrust policies seem to deter post-merger monopolistic gains …
Persistent link: https://www.econbiz.de/10014258460
Persistent link: https://www.econbiz.de/10013071704