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THE IMPLEMENTATION OF THE EUROPEAN COMMISSION'S MERGER REGULATION 2004: AN EMPIRICAL ANALYSIS

FERNANDEZ, B. M. and HASHI, I. and JEGERS, M. (2008) THE IMPLEMENTATION OF THE EUROPEAN COMMISSION'S MERGER REGULATION 2004: AN EMPIRICAL ANALYSIS. Journal of Competition Law and Economics, 4 (3). pp. 791-809. ISSN 1744-6414

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Abstract or description

The factors influencing the European Commission's decisions under the 2004 Merger Regulation are assessed on a sample of 50 cases. Probit analysis results in the finding that the probability of nonclearance in phase I of the procedure is significantly affected by the estimated market share increase due to the proposed merger, the contestability of the market, and the presence of barriers to entry. Furthermore, there is some evidence that the Commission's decisions are biased against market leaders involved in proposed mergers.

Item Type: Article
Subjects: N100 Business studies
Faculty: Faculty of Business, Education and Law > Business
Depositing User: Iraj HASHI
Date Deposited: 04 Nov 2013 09:39
Last Modified: 04 Nov 2013 09:39
URI: http://eprints.staffs.ac.uk/id/eprint/1763

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