How to Measure the Deterrence Effects of Merger Policy
Author | : Pedro Pita Barros |
Publisher | : |
Total Pages | : 9 |
Release | : 2009 |
ISBN-10 | : OCLC:1129757253 |
ISBN-13 | : |
Rating | : 4/5 (53 Downloads) |
Download or read book How to Measure the Deterrence Effects of Merger Policy written by Pedro Pita Barros and published by . This book was released on 2009 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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." (author's abstract)