Tag: Mergers

Expert Q&A on horizontal and vertical merger enforcement

Expert Economists Joe Perkins, Salvatore Piccolo and Guillaume Duquesne participated in a Q&A with Financier Worldwide for their July issue on how mergers can affect businesses, workers and consumers, and how regulatory authorities could improve horizontal and vertical merger enforcement.

Optimal Exit Policy with Uncertain Demand

Entrants often need to make considerable sunk investments with highly uncertain returns. The option to exit if returns are low reduces investment risks and stimulates innovation. In this paper, Michele Bisceglia (University of Toulouse) and Jorge Padilla, Joe Perkins, and Salvatore Piccolo of Compass Lexecon[1] examine the interaction between exit policy and up-front investment by … Continued

The Implications of COVID-19 for Competition Policy and Economic Growth

Jorge Padilla and Nicolas Petit highlight that recessions often have a pro-competitive “cleansing” effect. They can facilitate the exit of inefficient firms that crowd out growth opportunities for more efficient competitors, and delay the diffusion of technological innovation. A case might thus be made that the current recession is an opportunity for growth and regeneration of the EU economy.

International Mergers Conference 2020

Expert Economists Thilo Klein and Damien Neven will join the following panels at the inaugural International Mergers Conference, hosted by Concurrences and University College London on 19 February.