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  • 1
    Online Resource
    Online Resource
    An Empirical Analysis of Mexican Merger Policy (2008)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (30 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Avalos, Marcos An Empirical Analysis of Mexican Merger Policy
    Keywords: Bankruptcy and Resolution of Financial Distress ; Competition law ; Competition policy ; Competitors ; Economic Theory and Research ; Employment ; Finance and Financial Sector Development ; Firms ; Foreign company ; Labor Policies ; Lawyers ; Macroeconomics and Economic Growth ; Markets and Market Access ; Merger ; Merger control ; Mergers ; Microfinance ; Social Protections and Labor ; Bankruptcy and Resolution of Financial Distress ; Competition law ; Competition policy ; Competitors ; Economic Theory and Research ; Employment ; Finance and Financial Sector Development ; Firms ; Foreign company ; Labor Policies ; Lawyers ; Macroeconomics and Economic Growth ; Markets and Market Access ; Merger ; Merger control ; Mergers ; Microfinance ; Social Protections and Labor ; Bankruptcy and Resolution of Financial Distress ; Competition law ; Competition policy ; Competitors ; Economic Theory and Research ; Employment ; Finance and Financial Sector Development ; Firms ; Foreign company ; Labor Policies ; Lawyers ; Macroeconomics and Economic Growth ; Markets and Market Access ; Merger ; Merger control ; Mergers ; Microfinance ; Social Protections and Labor
    Abstract: A newly created dataset including 239 decisions made by the Mexican Federal Competition Commission on horizontal mergers between 1997 and 2001 is used to estimate the different factors affecting the Commission's resolution. The paper approximates the decision making process using two different discrete choice models. The results indicate that, contrary to the Commission's objective, the presence of efficiency gains increases the probability of a case being issued. The findings also show that factors different from the ones explicitly mentioned by the Commission have a significant effect on the Commission's final decision. In particular, the presence of a foreign company among the would-be merger firms significantly increases the likelihood of observing an allowed merger
    URL: Volltext  (Deutschlandweit zugänglich)
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