Using a sample of 96 mergers notified to the EU Commission and logit regression techniques, we analyse the Commission's decision process. We find that the probability of a phase 2 investigation and of a prohibition of the merger increases with the parties' market shares. The probability increases also when the Commission finds high entry barriers or that post-merger collusion is easy. We do not find significant effects of political variables, such as the nationality of the merging firms or the identity of the commissioner.
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Paper provided by Uppsala University, Department of Economics in its series Working Paper Series with number
2003:6.
Length: 18 pages Date of creation: 03 Feb 2003 Date of revision: Handle: RePEc:hhs:uunewp:2003_006
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Find related papers by JEL classification: D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy-Making and Implementation K31 - Law and Economics - - Other Substantive Areas of Law - - - Labor Law L40 - Industrial Organization - - Antitrust Issues and Policies - - - General
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Lars-Hendrik Röller & Johan Stennek & Frank Verboven, 2000.
"Efficiency Gains from Mergers,"
CIG Working Papers
FS IV 00-09, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
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