27 research outputs found
North American airline mergers:A strategic response to imperfectly competitive international markets
Nonmarket strategy for merger reviews
Mergers and acquisitions can involve a significant review by antitrust authorities; however, neither the business strategy not the corporate political strategy literature has fully explored the antitrust dimensions of merger activity. This article considers the ability of corporate political activity to influence antitrust policy by setting out some determinants of antitrust-review outcomes. The analysis consists of two main contentions: 1. Antitrust institutional independence plays a fundamental role in determining the effectiveness of corporate political activity. 2. Domestic mergers with international competitive effects are more likely to receive positive antitrust reviews