Antitrust holdup source, cross-national institutional variation, and corporate political strategy implications for domestic mergers in a global context

Arbeitspapier

Managers are increasingly uncertain over the source (home-nation or foreign-nation) of antitrust holdup for domestic mergers with significant international implications. I propose a conceptual framework that predicts the source of antitrust holdup for domestic mergers. Under idealized institutional assumptions, I find an industry's global competitiveness to be the primary driver behind holdup source: a contention supported by empirical tests based on the merger policies of 27 antitrust jurisdictions over the 1992-2000 period. I also relax the idealized institutional conditions to yield more precise propositions tailored to the cross-national environment for antitrust policy. Finally, I generate prescriptive propositions that yield implications for effective political strategies.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: WZB Discussion Paper ; No. SP II 2004-09

Classification and Topics

• Classification: Wirtschaft ; Antitrust Issues and Policies: General ; Business Economics: General ; Empirical Studies of Trade
• Subject: Corporate Political Strategy ; Non-Market Strategy ; Merger Reviews ; Antitrust Policy

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Clougherty, Joseph A.
• Event: Veröffentlichung
• (who): Wissenschaftszentrum Berlin für Sozialforschung (WZB)
• (where): Berlin
• (when): 2004

Further information

• Handle: http://hdl.handle.net/10419/50935
• Last update: 10.03.2025, 11:43 AM CET