Impact evaluation of merger decisions

Arbeitspapier

This paper provides a comparative analysis of methods for the empirical ex post evaluation of merger control decisions. It develops a competition-policy oriented framework of assessment criteria for the leading evaluation methods and applies them to structural modeling and simulation, differences-in-differences methods, event studies as well as survey-based methods. It concludes that a method-mix is recommendable, however, under the exclusion of event studies that fail to secure a minimum level of reliability regarding the evaluation results. Furthermore, it warns against overly optimistic expectations about the effects of systematic impact evaluations of merger decisions.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: IME Working Paper ; No. 112

Classification and Topics

• Classification: Wirtschaft ; Methodological Issues: General ; Quantitative Policy Modeling ; Monopolization; Horizontal Anticompetitive Practices ; Antitrust Issues and Policies: General ; Antitrust Law
• Subject: empirical methods of industrial organization ; merger control ; competition policy ; antitrust decisions ; comparative analysis ; Fusionskontrolle ; Kartellrecht ; Wettbewerbspolitik ; Bewertung

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Budzinski, Oliver
• Event: Veröffentlichung
• (who): University of Southern Denmark, Department of Environmental and Business Economics (IME)
• (where): Esbjerg
• (when): 2011

Further information

• Handle: http://hdl.handle.net/10419/82816
• Last update: 10.03.2025, 11:42 AM CET