Analysis and Limitations of a Merger: A Retrospective Study

  title={Analysis and Limitations of a Merger: A Retrospective Study},
  author={Patrice Bougette},
This paper aims to review from a methodological perspective various means of assessing a competition agency's merger decisions. The growing trend toward measuring the efficiency of competition policy shows the need for a survey of major, currently available quantitative tools. To this end, four different approaches are discussed: simulation with structural models, studies of stock market events, the difference-in-difference technique, and lastly, surveys. We ask whether these tools, which are… CONTINUE READING