IDEAS home Printed from https://ideas.repec.org/a/lif/jrgelg/v3y2014p24-32.html
   My bibliography  Save this article

Economic Tools for Merger Appraisal: A Theoretical and Empirical Standpoint

Author

Listed:
  • Panagiotis N. Fotis

    () (Hellenic Competition Commission, General Directorate of Competition, Greece)

Abstract

This paper presents in a retrospective manner economic tools for merger control and market delineation. Particularly, it focuses, via theoretical and empirical standpoint, on price based techniques for merger control such as tools of market delineation in one sided markets as the «Could Approach» of Critical Loss analysis, and tools for measuring the unilateral effects of a merger such as the Upward Pricing Pressure by Farrell & Shapiro (2010), the Gross Upward Price Pressure Index (2010) by Moresi (2010) and the Buying Power Index by Blair & Harrison (2010). The theoretical standpoint reveals that economic tools for merger control have been enhanced through the time in order to deal with the increasingly amount of merger cases, while the empirical standpoint supports the idea that competition economics have become a standard reference during the analysis of them. Even though competition analysis for antitrust and abuse of dominant position cases is considered to be a castle for lawyers, economists play a crucial role in quantifying the effects of mergers on competition

Suggested Citation

  • Panagiotis N. Fotis, 2014. "Economic Tools for Merger Appraisal: A Theoretical and Empirical Standpoint," Journal of Reviews on Global Economics, Lifescience Global, vol. 3, pages 24-32.
  • Handle: RePEc:lif:jrgelg:v:3:y:2014:p:24-32
    as

    Download full text from publisher

    File URL: http://www.lifescienceglobal.com/independent-journals/journal-of-reviews-on-global-economics/volume-3/85-abstract/jrge/722-abstract-economic-tools-for-merger-appraisal-a-theoretical-and-empirical-standpoint
    Download Restriction: no

    References listed on IDEAS

    as
    1. Chia-Lin Chang & Michael McAleer, 2013. "Ranking journal quality by harmonic mean of ranks: an application to ISI statistics & probability," Statistica Neerlandica, Netherlands Society for Statistics and Operations Research, pages 27-53.
    2. Chia-Lin Chang & Michael Mcaleer, 2013. "What Do Experts Know About Forecasting Journal Quality? A Comparison With Isi Research Impact In Finance," Annals of Financial Economics (AFE), World Scientific Publishing Co. Pte. Ltd., pages 1-30.
    3. McAleer, M.J., 2014. "Discussion of “Principal Volatility Component Analysis” by Yu-Pin Hu and Ruey Tsay," Econometric Institute Research Papers EI 2014-06, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
    4. Chia-Lin Chang & Michael McAleer, 2016. "Quality weighted citations versus total citations in the sciences and social sciences, with an application to finance and accounting," Managerial Finance, Emerald Group Publishing, vol. 42(4), pages 324-337, April.
    5. Chang Chia-Lin & McAleer Michael, 2014. "Ranking Economics and Econometrics ISI Journals by Quality Weighted Citations," Review of Economics, De Gruyter, vol. 65(1), pages 35-52, April.
    6. Chia-Lin Chang & Michael McAleer & Les Oxley, 2011. "Great Expectatrics: Great Papers, Great Journals, Great Econometrics," Econometric Reviews, Taylor & Francis Journals, pages 583-619.
    7. Thorsten Upmann & Julia Müller, 2014. "The Structure of Firm-Specific Labour Unions," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, pages 336-385.
    8. Michael McAleer & Chia-Lin Chang, 2011. "Citations and Impact of ISI Tourism and Hospitality Journals," KIER Working Papers 781, Kyoto University, Institute of Economic Research.
    9. Chia-Lin Chang & Michael McAleer & Les Oxley, 2011. "What makes a great journal great in the sciences? Which came first, the chicken or the egg?," Scientometrics, Springer;Akadémiai Kiadó, vol. 87(1), pages 17-40, April.
    10. Chang, Chia-Lin & McAleer, Michael & Oxley, Les, 2013. "Coercive journal self citations, impact factor, Journal Influence and Article Influence," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 93(C), pages 190-197.
    11. Chia-Lin Chang & Michael McAleer, 2014. "How Should Journal Quality be Ranked? An Application to Agricultural, Energy, Environmental and Resource Economics," Journal of Reviews on Global Economics, Lifescience Global, pages 33-47.
    12. Chia-Lin Chang & Esfandiar Maasoumi & Michael McAleer, 2016. "Robust Ranking of Journal Quality: An Application to Economics," Econometric Reviews, Taylor & Francis Journals, pages 50-97.
    13. Emmanouil Tranos & Peter Nijkamp, 2014. "Digital infrastructure and physical proximity," Chapters,in: Regional Development and Proximity Relations, chapter 8, pages 267-290 Edward Elgar Publishing.
    14. Chia-Lin Chang & Michael McAleer, 2014. "Quality Weighted Citations Versus Total Citations in the Sciences and Social Sciences," Working Papers in Economics 14/08, University of Canterbury, Department of Economics and Finance.
    15. Chia‐Lin Chang & Michael McAleer & Les Oxley, 2011. "What Makes A Great Journal Great In Economics? The Singer Not The Song," Journal of Economic Surveys, Wiley Blackwell, vol. 25(2), pages 326-361, April.
    16. Chia-Lin Chang & Michael McAleer & Les Oxley, 2011. "How are journal impact, prestige and article influence related? An application to neuroscience," Journal of Applied Statistics, Taylor & Francis Journals, pages 2563-2573.
    17. Chia-Lin Chang & Michael McAleer, 2013. "Ranking Leading Econometrics Journals Using Citations Data from ISI and RePEc," Econometrics, MDPI, Open Access Journal, vol. 1(3), pages 1-19, November.
    18. Chang, C-L. & McAleer, M.J. & Oxley, L., 2012. "Journal Impact Factor, Eigenfactor, Journal Influence and Article Influence," Econometric Institute Research Papers EI 2012-27, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Fotis, Panagiotis & Pekka, Victoria & Polemis, Michael, 2015. "Intervalling-effect bias and evidences for competition policy," MPRA Paper 63211, University Library of Munich, Germany.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:lif:jrgelg:v:3:y:2014:p:24-32. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Faisal Ameer Khan). General contact details of provider: http://www.lifescienceglobal.com .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.