A Short Overview of a Methodology for the Ex-Post Review of Merger Control Decisions

Summary This paper is based on a study commissioned by the European Commission, in which we proposed a detailed methodological approach for the ex-post assessment of decisions reached by the European Commission in the field of merger control. The methodology focuses on how to establish whether the m...

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Published inDe Economist (Netherlands) Vol. 156; no. 4; pp. 453 - 475
Main Authors Buccirossi, Paolo, Ciari, Lorenzo, Duso, Tomaso, Fridolfsson, Sven-Olof, Spagnolo, Giancarlo, Vitale, Cristiana
Format Journal Article
LanguageEnglish
Published Boston Springer US 01.12.2008
Springer
Springer Nature B.V
SeriesDe Economist
Subjects
Acquisitions & mergers
Antitrust
Antitrust laws
Competition
Decision making
Economic Policy
Economic statistics
Economic theory
Economic Theory/Quantitative Economics/Mathematical Methods
Economics
Economics and Finance
Empirical research
Evaluation
ex-post evaluation
Market structure
Mergers
Methodology
Microeconomics
Public Finance
Regulation
Statistical analysis
Studies
Europe
ex-post evaluation
mergers
methodology
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Summary:Summary This paper is based on a study commissioned by the European Commission, in which we proposed a detailed methodological approach for the ex-post assessment of decisions reached by the European Commission in the field of merger control. The methodology focuses on how to establish whether the market structure arising from the decision is apt to protect consumer welfare better than the market structures that could have arisen from alternative decisions. It provides suggestions on how assess the impact of the decision relative to the possible counterfactuals and discusses the empirical techniques that can be used to perform this evaluation.
Bibliography:ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 23
ISSN:0013-063X
1572-9982
1572-9982
DOI:10.1007/s10645-008-9104-3