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.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: WZB Discussion Paper ; No. SP II 2004-09

Klassifikation und Themen

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

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Clougherty, Joseph A.
• Ereignis: Veröffentlichung
• (wer): Wissenschaftszentrum Berlin für Sozialforschung (WZB)
• (wo): Berlin
• (wann): 2004

Weitere Informationen

• Handle: http://hdl.handle.net/10419/50935
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ