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Does Merger Policy Converge After the 2004 European Union Reform?
Södertörn University, School of Social Sciences, Economics.ORCID iD: 0000-0001-5026-9479
Bureau of Economics, Federal Trade Commission, Washington D.C., USA.
Södertörn University, School of Social Sciences, Economics.
Bureau of Economics, Federal Trade Commission, Washington D.C., USA.
2019 (English)In: Journal of Competition Law and Economics, ISSN 1744-6414, E-ISSN 1744-6422, Vol. 15, no 1, p. 664-689Article in journal (Refereed) Published
Abstract [en]

The European Union (EU) formally changed its merger policy in 2004, moving from a dominance standard to one based on a significant impediment of effective competition, which appears more closely aligned with the U.S. substantial lessening of competition standard. We use data from both before and after this reform to explore whether EU policy has converged toward the U.S. standard. We start by identifying changes in the EU regime and detect a softer EU policy for unilateral effects. We model the outcomes of EU and U.S. investigations with logit models and use their predictions in decompositions and other exercises to show policy convergence for unilateral effects cases.

Place, publisher, year, edition, pages
Oxford University Press, 2019. Vol. 15, no 1, p. 664-689
National Category
Economics
Research subject
Politics, Economy and the Organization of Society
Identifiers
URN: urn:nbn:se:sh:diva-33232DOI: 10.1093/joclec/nhz007ISI: 000493396700002OAI: oai:DiVA.org:sh-33232DiVA, id: diva2:1137338
Funder
The Foundation for Baltic and East European Studies
Note

As manuscript in dissertation.

Available from: 2017-08-31 Created: 2017-08-31 Last updated: 2020-04-20Bibliographically approved
In thesis
1. Organizing for Efficiency: Essays on merger policies, independence of authorities, and technology diffusion
Open this publication in new window or tab >>Organizing for Efficiency: Essays on merger policies, independence of authorities, and technology diffusion
2017 (English)Doctoral thesis, comprehensive summary (Other academic)
Place, publisher, year, edition, pages
Örebro: Örebro University, 2017
Series
Södertörn Doctoral Dissertations, ISSN 1652-7399 ; 141
Series
Örebro Studies in Economics, ISSN 1651-8896 ; 36
Keywords
merger, regulation, reform, authority, corruption, broadband, diffusion, policy, industrial organization, accountability
National Category
Economics
Research subject
Politics, Economy and the Organization of Society
Identifiers
urn:nbn:se:sh:diva-33200 (URN)978-91-7529-200-7 (ISBN)
Public defence
2017-09-22, Södertörns högskola, sal MB503, Alfred Nobels allé 7, 10:00 (English)
Opponent
Supervisors
Available from: 2017-08-31 Created: 2017-08-31 Last updated: 2019-06-19Bibliographically approved

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Bergman, Mats A.Mai Thi Van, Anh

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  • sodertorns-hogskola-harvard.csl
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  • Other style
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