Impact evaluation of merger control decisions

Oliver Budzinski

No 75, Ilmenau Economics Discussion Papers from Ilmenau University of Technology, Institute of Economics

Abstract: This paper provides a comparative analysis of methods for the empirical ex post evaluation of merger control decisions. It develops a competition-policy oriented framework of assessment criteria for the leading evaluation methods and applies them to structural modeling and simulation, differences-in-differences methods, event studies as well as survey-based methods. It concludes that a method-mix is recommendable, however, under the exclusion of event studies that fail to safeguard a minimum level of reliability of their results. Furthermore, the paper warns against overly optimistic expectations about the effects of systematic impact evaluations of merger decisions.

Keywords: empirical methods of industrial organization; merger control; competition; policy; antitrust decisions; comparative analysis (search for similar items in EconPapers)
JEL-codes: C18 C54 K21 L40 L41 (search for similar items in EconPapers)
Date: 2012
New Economics Papers: this item is included in nep-com
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:tuiedp:75

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