Demand Elasticities in Antitrust Analysis

Demand Elasticities in Antitrust Analysis PDF Author: Gregory Werden
Publisher:
ISBN:
Category : Antitrust law
Languages : en
Pages : 66

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Demand Elasticities in Antitrust Analysis

Demand Elasticities in Antitrust Analysis PDF Author: Gregory Werden
Publisher:
ISBN:
Category : Antitrust law
Languages : en
Pages : 66

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The Determinants and Effects of Mergers

The Determinants and Effects of Mergers PDF Author: Dennis C. Mueller
Publisher: Cambridge, Mass. : Oelgeschlager, Gunn & Hain
ISBN:
Category : Consolidation and merger of corporations
Languages : en
Pages : 394

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The Economic Assessment of Mergers Under European Competition Law

The Economic Assessment of Mergers Under European Competition Law PDF Author: Daniel Gore
Publisher: Cambridge University Press
ISBN: 1107007720
Category : Business & Economics
Languages : en
Pages : 559

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Book Description
Provides a clear, concise and practical overview of the key economic techniques and evidence employed in European merger control.

Bank Mergers & Acquisitions

Bank Mergers & Acquisitions PDF Author: Yakov Amihud
Publisher: Springer Science & Business Media
ISBN: 1475727992
Category : Business & Economics
Languages : en
Pages : 249

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Book Description
As the financial services industry becomes increasingly international, the more narrowly defined and historically protected national financial markets become less significant. Consequently, financial institutions must achieve a critical size in order to compete. Bank Mergers & Acquisitions analyses the major issues associated with the large wave of bank mergers and acquisitions in the 1990's. While the effects of these changes have been most pronounced in the commercial banking industry, they also have a profound impact on other financial institutions: insurance firms, investment banks, and institutional investors. Bank Mergers & Acquisitions is divided into three major sections: A general and theoretical background to the topic of bank mergers and acquisitions; the effect of bank mergers on efficiency and shareholders' wealth; and regulatory and legal issues associated with mergers of financial institutions. It brings together contributions from leading scholars and high-level practitioners in economics, finance and law.

The Need to Measure the Effect of Merger Policy and how to Do it

The Need to Measure the Effect of Merger Policy and how to Do it PDF Author: Dennis W. Carlton
Publisher:
ISBN:
Category : Antitrust law
Languages : en
Pages : 26

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How the Chicago School Overshot the Mark

How the Chicago School Overshot the Mark PDF Author: Robert Pitofsky
Publisher: Oxford University Press
ISBN: 0199888248
Category : Law
Languages : en
Pages : 325

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Book Description
How the Chicago School Overshot the Mark is about the rise and recent fall of American antitrust. It is a collection of 15 essays, almost all expressing a deep concern that conservative economic analysis is leading judges and enforcement officials toward an approach that will ultimately harm consumer welfare. For the past 40 years or so, U.S. antitrust has been dominated intellectually by an unusually conservative style of economic analysis. Its advocates, often referred to as "The Chicago School," argue that the free market (better than any unelected band of regulators) can do a better job of achieving efficiency and encouraging innovation than intrusive regulation. The cutting edge of Chicago School doctrine originated in academia and was popularized in books by brilliant and innovative law professors like Robert Bork and Richard Posner. Oddly, a response to that kind of conservative doctrine may be put together through collections of scores of articles but until now cannot be found in any one book. This collection of essays is designed in part to remedy that situation. The chapters in this book were written by academics, former law enforcers, private sector defense lawyers, Republicans and Democrats, representatives of the left, right and center. Virtually all agree that antitrust enforcement today is better as a result of conservative analysis, but virtually all also agree that there have been examples of extreme interpretations and misinterpretations of conservative economic theory that have led American antitrust in the wrong direction. The problem is not with conservative economic analysis but with those portions of that analysis that have "overshot the mark" producing an enforcement approach that is exceptionally generous to the private sector. If the scores of practices that traditionally have been regarded as anticompetitive are ignored, or not subjected to vigorous enforcement, prices will be higher, quality of products lower, and innovation diminished. In the end consumers will pay.

Mergers and Economic Performance

Mergers and Economic Performance PDF Author: Keith Cowling
Publisher: CUP Archive
ISBN: 9780521223942
Category : Business & Economics
Languages : en
Pages : 400

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Book Description


Mergers, Sell-Offs, and Economic Efficiency

Mergers, Sell-Offs, and Economic Efficiency PDF Author: David J. Ravenscraft
Publisher: Brookings Institution Press
ISBN: 9780815723172
Category : Business & Economics
Languages : en
Pages : 316

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Book Description
This book covers the consolidation and merger of corporations and corporate divestiture in the United States.

Mergers and Acquisitions in Banking and Finance

Mergers and Acquisitions in Banking and Finance PDF Author: Ingo Walter
Publisher: Oxford University Press
ISBN: 9780198036067
Category : Business & Economics
Languages : en
Pages : 328

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Book Description
This book is intended to lay out, in a clear and intuitive as well as comprehensive way, what we know - or think we know - about mergers and acquisitions in the financial services sector. It evaluates their underlying drivers, factual evidence as to whether or not the basic economic concepts and strategic precepts are correct. It looks closely at the managerial dimensions in terms of the efficacy of merger implementation, notably the merger integration process. The focus is on enhancing shareholder value creation and the execution of strategies for the successful management of mergers. It also has a strong public-policy component in this "special" industry where successes can pay dividends and failures can cause serious problems that reach well beyond the financial services industry itself. The financial services sector is about halfway through one of the most dramatic periods of restructuring ever undergone by a major global industry. The impact of the restructuring has carried well beyond shareholders of the firms and involved into the domain of regulation and public policy as well as global competitive performance and economic growth. Financial services are a center of gravity of economic restructuring activity. M&A transactions in the financial sector comprise a surprisingly large share of the value of merger activity worldwide -- including only deals valued in excess of $100 million, during the period 1985-2000 there were approximately 233,700 M&A transactions worldwide in all industries, for a total volume of $15.8 trillion. Of this total, there were 166,200 mergers in the financial services industry (49.7%), valued at $8.5 trillion (54%). In all of restructuring frenzy, the financial sector has probably had far more than its share of strategic transactions that have failed or performed far below potential because of mistakes in basic strategy or mistakes in post-merger integration. It has also had its share of rousing successes. This book considers the key managerial issues, focusing on M&A transactions as a key tool of business strategy - "doing the right thing" to augment shareholder value. But in addition, the degree of integration required and the historic development of integration capabilities on the part of the acquiring firm, disruptions in human resources and firm leadership, cultural issues, timeliness of decision-making and interface management have co-equal importance - "doing it right."

Mergers & Acquisitions

Mergers & Acquisitions PDF Author: Bruno Cassiman
Publisher: Edward Elgar Publishing
ISBN: 184720158X
Category : Business & Economics
Languages : en
Pages : 218

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Book Description
"The content of this book is based on the final report of a research project carried out by an international team of researchers for the European Commission's Directorate General for Research"--copyright p.