Scandinavian Working Papers in Economics
Working Paper Series,
Uppsala University, Department of Economics
No 2003:6: An Econometric Analysis of the European Commission's Merger Decisions
Mats A. Bergman (), Maria Jakobsson () and Carlos Razo ()
Additional contact information
Mats A. Bergman: Department of Economics, Postal: Uppsala University, P.O. Box 513, SE-751 20 Uppsala, Sweden
Maria Jakobsson: Stockholm University, Postal: Department of Economics, SE-106 91 Stockholm, Sweden
Carlos Razo: Stockholm University, Postal: Department of Economics, SE-106 91 Stockholm, Sweden
Abstract: Using a sample of 96 mergers notified to the EU Commission and logit regression techniques, we analyse the Commission's decision process. We find that the probability of a phase 2 investigation and of a prohibition of the merger increases with the parties' market shares. The probability increases also when the Commission finds high entry barriers or that post-merger collusion is easy. We do not find significant effects of political variables, such as the nationality of the merging firms or the identity of the commissioner.
Keywords: competition law; antitrust; merger; merger reulation
18 pages, February 3, 2003
Full text files
wp2003_6.pdf
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