How to measure the deterrence effects of merger policy: Frequency or composition?

Authors
Publication date 2010
Journal International Journal of the Economics of Business
Volume | Issue number 17 | 1
Pages (from-to) 1-8
Organisations
  • Faculty of Economics and Business (FEB) - Amsterdam School of Economics Research Institute (ASE-RI)
Abstract We show that the number of merger proposals (frequency‐based deterrence) is a more appropriate indicator of underlying changes in merger policy than the relative anti‐competitiveness of merger proposals (composition‐based deterrence). This has strong implications for the empirical analysis of the deterrence effects of merger policy enforcement, and potential implications regarding how to reduce anti‐competitive merger proposals.
Document type Article
Language English
Published at https://doi.org/10.1080/13571510903516920
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