An Empirical Analysis of Mexican Merger Policy

Marcos Ávalos () and Rafael De Hoyos
Additional contact information
Marcos Ávalos: Department of Economics, Universidad Iberoamericana, Mexico City. Mexico

Working Papers from Universidad Iberoamericana, Department of Economics

Abstract: A newly created dataset including 239 decisions made by the Mexican Federal Competition Commission on horizontal mergers between 1997 and 2001 is used to estimate the different factors affecting the Commission’s resolution. The paper approximates the decision making process using two different discrete choice models. The results indicate that, contrary to the Commission’s objective, the presence of efficiency gains increases the probability of a case being issued. The findings also show that factors different from the ones explicitly mentioned by the Commission have a significant effect on the Commission’s final decision. In particular, the presence of a foreign company among the would-be merger firms significantly increases the likelihood of observing an allowed merger

Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://iberoeconomia.mx/images/stories/Empirical_A ... an_Merger_Policy.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://iberoeconomia.mx/images/stories/Empirical_Analysis_of_Mexican_Merger_Policy.pdf [301 Moved Permanently]--> https://iberoeconomia.mx/images/stories/Empirical_Analysis_of_Mexican_Merger_Policy.pdf)

Related works:
Journal Article: An Empirical Analysis of Mexican Merger Policy (2008)
Working Paper: An empirical analysis of Mexican merger policy (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:uic:wpaper:0210

Access Statistics for this paper

More papers in Working Papers from Universidad Iberoamericana, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Alejandra Villegas ().