G2TT
来源类型Discussion paper
规范类型论文
来源IDDP6490
DP6490 Ethnic Identity and Immigrant Homeownership
Klaus F. Zimmermann; Amelie Constant; Rowan Roberts
发表日期2007-09-19
出版年2007
语种英语
摘要Antitrust policy involves not just the regulation of anti-competitive behavior, but also an important deterrence effect. Neither scholars nor policymakers have fully researched the deterrence effects of merger policy tools, as they have been unable to empirically measure these effects. We consider the ability of different antitrust actions ? Prohibitions, Remedies, and Monitorings ? to deter firms from engaging in mergers. We employ cross-jurisdiction/pan-time data on merger policy to empirically estimate the impact of antitrust actions on future merger frequencies. We find merger prohibitions to lead to decreased merger notifications in subsequent periods, and remedies to weakly increase future merger notifications: in other words, prohibitions involve a deterrence effect but remedies do not.
主题Industrial Organization
关键词Deterrence Merger policy Remedies Antitrust
URLhttps://cepr.org/publications/dp6490
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/535290
推荐引用方式
GB/T 7714
Klaus F. Zimmermann,Amelie Constant,Rowan Roberts. DP6490 Ethnic Identity and Immigrant Homeownership. 2007.
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