References (55)



Impact Evaluation of Merger Control Decisions

Oliver Budzinski

Ilmenau University of Technology

August 17, 2012

This paper provides a comparative analysis of methods for the empirical ex post evaluation of merger control decisions. It develops a competition-policy oriented framework of assessment criteria for the leading evaluation methods and applies them to structural modeling and simulation, differences-in-differences methods, event studies as well as survey-based methods. It concludes that a method-mix is recommendable, however, under the exclusion of event studies that fail to secure a minimum level of reliability regarding the evaluation results. Furthermore, it warns against overly optimistic expectations about the effects of systematic impact evaluations of merger decisions.

Number of Pages in PDF File: 48

Keywords: empirical methods of industrial organization, merger control, competition policy, antitrust decisions, comparative analysis

JEL Classification: C18, C54, L41, L40, K21

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Date posted: November 23, 2011 ; Last revised: August 22, 2012

Suggested Citation

Budzinski, Oliver, Impact Evaluation of Merger Control Decisions (August 17, 2012). Available at SSRN: https://ssrn.com/abstract=1963280 or http://dx.doi.org/10.2139/ssrn.1963280

Contact Information

Oliver Budzinski (Contact Author)
Ilmenau University of Technology ( email )
Ilmenau, D-98684
HOME PAGE: http://www.tu-ilmenau.de/wth
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References:  55