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- W3121974584 abstract "In this empirical study all mergers that have been challenged by the U.S. antitrust agencies FTC and DOJ between 1995 and 2008 were analyzed in regard to the question to what extent and how the agencies assessed the effects of mergers. Theoretical background is the still open question how negative effects of mergers on should be taken into account in merger policy. Although we can show in our study that in one third of all challenged mergers also concerns were raised, the results also point to a still existing large degree of uneasiness and inconsistencies of the agencies in regard to the assessment of effects. A particularly interesting result is that - despite the wide-spread rejection of the innovation market in the antitrust debate - the agencies used more an innovationspecific assessment approach that includes also in the market definition than the pure traditional product market concept. Additionally, we also found significant differences between the assessment approaches of the FTC and the DOJ." @default.
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- W3121974584 date "2014-01-01" @default.
- W3121974584 modified "2023-09-27" @default.
- W3121974584 title "Empirical Analysis of the Assessment of Innovation Effects in U.S. Merger Cases" @default.
- W3121974584 hasPublicationYear "2014" @default.
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