Federal ID: 91-6001537
ISSN: 0022-1090 (Print) | 1756-6916 (Online)
The Effects of Antitrust Laws on Horizontal Mergers: International Evidence
Chune Young Chung, Iftekhar Hasan, JiHoon Hwang, and Incheol Kim ♦ This study examines how antitrust law adoptions affect horizontal merger and acquisition (M&A) outcomes. Using the staggered introduction of competition laws in 20 countries, we find antitrust regulation decreases acquirers’ five-day cumulative…