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Investigating Transatlantic Merger Policy Convergence

Florian Szücs

Vienna University of Economics and Business

February 22, 2012

We propose a framework to examine tendencies of convergence in the jurisdictional patterns of the American FTC and the European Commission. Based on a sample of 595 merger cases scrutinized by either of these agencies in the 1995 - 2007 period, we calibrate logit models of the probability of intervening in a merger for both jurisdictions and use them to predict the decisions of the respectively other agency. The results point to an increasing harmonization of merger regimes and corroborate the theoretical appraisal, that the 2004 reform of EU merger law constituted
a step towards the US system.

Number of Pages in PDF File: 26

Keywords: Convergence, merger policy, FTC, DG Competition

JEL Classification: K21, L40

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Date posted: March 7, 2011 ; Last revised: February 22, 2012

Suggested Citation

Szücs, Florian, Investigating Transatlantic Merger Policy Convergence (February 22, 2012). Available at SSRN: https://ssrn.com/abstract=1773774 or http://dx.doi.org/10.2139/ssrn.1773774

Contact Information

Florian Szücs (Contact Author)
Vienna University of Economics and Business ( email )
Welthandelsplatz 1
Vienna, Wien 1020

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