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The economic Effect of Merger Manage Regulations FDIC Center getting Financial Look Working Paper Zero. 2008-a dozen Elena Carletti, Philipp Hartmann and you may Steven Ongena
Typed as the: Carletti, Elena, Philipp Hartmann, and you may Steven Ongena. “The economic Impression off Merger Manage Legislation.” Worldwide Breakdown of Rules and you can Business economics 42 (2015): 88-104.
Predicated on a different dataset of legislative changes in industrial nations, we identify situations one to fortify the competition control of mergers and purchases, get to know its impact on finance companies and you may low-financial firms and explain the various other reactions seen having certain regulatory qualities of the banking market. Covering nineteen nations towards the several months 1987 to help you 2004, we discover that more battle-dependent merger control increases the inventory pricing regarding banks and you will decrease the fresh new inventory cost out-of non-however this is. Continue reading