Statistical Analysis of European Merger Control
11 Pages Posted: 2 Sep 2006
Date Written: June 2006
For the lawyer, every merger is unique: its procompetitive and anticompetitive effects must be evaluated on the basis of the specific characteristics of the industry and the merging companies. The economist shares this viewpoint, but also knows the value of statistics for assessing phenomena and testing assumptions. For example, has the appointment of Mario Monti been reflected in more binding decisions for companies on average? Are clearances with remedies more frequent when there are entry barriers? This paper surveys various economic analyses conducted recently using data sets of European mergers and describes their main outcomes.
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