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Investigating Transatlantic Merger Policy Convergence

Szücs, Florian (2012) Investigating Transatlantic Merger Policy Convergence. International Journal of Industrial Organization, 30 (6). pp. 654-662. ISSN 0167-7187

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Abstract

We propose a framework to examine convergence in the jurisdictional patterns of the American FTC and the European Commission. Based on a sample of 595 merger cases scrutinized by either of these agencies in the 1995 - 2007 period, we estimate logit models of the probability of intervening in a merger for both jurisdictions and use them to predict the decisions of the respectively other agency. The results point to an increasing harmonization of merger regimes and corroborate the theoretical appraisal, that the 2004 reform of EU merger law constituted a step towards the US system. (author's abstract)

Item Type: Article
Additional Information: To see the final version of this paper please visit the publisher's website. Access to the published version may require a subscription. The original publication is available at www.elsevier.com.
Keywords: convergence / merger policy / FTC / DG competition
Classification Codes: JEL K21, L40
Divisions: Departments > Volkswirtschaft > Quantitative Volkswirtschaftslehre
Version of the Document: Accepted for Publication
Variance from Published Version: None
Depositing User: ePub Administrator
Date Deposited: 05 Apr 2013 09:54
Last Modified: 05 Sep 2017 14:39
Related URLs:
FIDES Link: https://bach.wu.ac.at/d/research/results/71078/
URI: http://epub.wu.ac.at/id/eprint/3841

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