The economic impact of merger control legislation
Research, Article, Preprint
- Publisher: Elsevier
Welt | Legal Institutions | Bankenpolitik | Department of Banking and Finance | G21 | Recht | Mergers and Acquisitions | Fusionskontrolle | G28 | D4 | Übernahme | financial regulation; legal institutions; merger control | Bank | Financial Regulation | 330 Economics | Mergers and Acquisitions,Competition Policy,Legal Institutions,Financial Regulation | Competition Policy
Based on a unique dataset of legislative changes in industrial countries, we identify events that strengthen the competition control of mergers and acquisitions, analyze their impact on banks and non-financial firms and explain the different reactions observed with spec...