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  • 1.
    Bergman, Mats A.
    et al.
    Södertörn University, School of Social Sciences, Economics.
    Coate, Malcom B.
    Bureau of Economics, Federal Trade Commission, Washington D.C., USA.
    Mai Thi Van, Anh
    Södertörn University, School of Social Sciences, Economics.
    Ulrick, Shawn W.
    Bureau of Economics, Federal Trade Commission, Washington D.C., USA.
    Does Merger Policy Converge After the 2004 European Union Reform?2019In: Journal of Competition Law and Economics, ISSN 1744-6414, E-ISSN 1744-6422, Vol. 15, no 1, p. 664-689Article in journal (Refereed)
    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.

  • 2.
    Bergman, Mats A.
    et al.
    Södertörn University, School of Social Sciences, Economics.
    Mai, Anh
    Södertörn University, School of Social Sciences, Economics.
    Accountable Regulators - To Whom?: A Survey-Based Analysis of National Regulatory Authorities' GovernanceManuscript (preprint) (Other academic)
  • 3.
    Bergman, Mats A.
    et al.
    Södertörn University, School of Social Sciences, Economics.
    Mai, Anh
    Södertörn University, School of Social Sciences, Economics.
    Regulatory accountability, power sharing and corruptionManuscript (preprint) (Other academic)
  • 4.
    Mai, Anh
    Södertörn University, School of Social Sciences, Economics. Örebro universitet.
    Organizing for Efficiency: Essays on merger policies, independence of authorities, and technology diffusion2017Doctoral thesis, comprehensive summary (Other academic)
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  • 5.
    Mai, Anh
    Södertörn University, School of Social Sciences, Economics.
    The impact of regulation on broadband diffusion in EuropeManuscript (preprint) (Other academic)
  • 6.
    Mai Thi Van, Anh
    Södertörn University, School of Social Sciences, Economics.
    Is EU Merger Policy Less Stringent After Its 2004 Reform?2016Report (Other academic)
    Abstract [en]

    The paper studies how the 2004 merger policy reform affected the probability of a merger being challenged by the European Commission. I use a probit model to assess how economic factors drive decisions and to isolate differences between policies before and after the reform. The net sample consists of 341 horizontal mergers from 1990 to 2012. Overall, I find robust evidence of policy shifts due to the reform. By some measures, the policy appears to have slightly softened. There is also an indication that mergers reviewed under the unilateral-effects theory are more likely to be challenged than are those reviewed under the coordinated-effects theory. Market shares and entry barriers are found to influence decisions before and after the reform. However, market shares appear to play a somewhat smaller role after the reform.

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    Is EU Merger Policy Less Stringent After Its 2004 Reform?
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1 - 6 of 6
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