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@article{ART001154985},
author={최충규},
title={Evaluating KFTC's Decisions on Horizontal Mergers: An Event Study},
journal={Journal of Regulation Studies},
issn={1738-7132},
year={2006},
volume={15},
number={2},
pages={39-62}

TY - JOUR
AU - 최충규
TI - Evaluating KFTC's Decisions on Horizontal Mergers: An Event Study
JO - Journal of Regulation Studies
PY - 2006
VL - 15
IS - 2
PB - 한국규제학회
SP - 39
EP - 62
SN - 1738-7132
AB - This paper evaluates Korea Fair Trade Commission's decisions on 13 horizontal merger cases, using stock market data. Our results suggest that the commission's decisions are consistent with the reaction of the stock market only in 3 three cases and that in five cases they are not. In the rest 5 cases, we find insignificant results. It is noteworthy that the five inconsistent merger cases were reviewed by the commission during the Korean economic crisis. This might indicate that sociopolitical factors other than competition or consumer welfare affected the commission's decisions.
KW - Event Study;Horizontal Merger;Consumer Welfare
DO -
UR -
ER -

최충규. (2006). Evaluating KFTC's Decisions on Horizontal Mergers: An Event Study. Journal of Regulation Studies, 15(2), 39-62.

최충규. 2006, "Evaluating KFTC's Decisions on Horizontal Mergers: An Event Study", Journal of Regulation Studies, vol.15, no.2 pp.39-62.

최충규 "Evaluating KFTC's Decisions on Horizontal Mergers: An Event Study" Journal of Regulation Studies 15.2 pp.39-62 (2006) : 39.

최충규. Evaluating KFTC's Decisions on Horizontal Mergers: An Event Study. 2006; 15(2), 39-62.

최충규. "Evaluating KFTC's Decisions on Horizontal Mergers: An Event Study" Journal of Regulation Studies 15, no.2 (2006) : 39-62.

최충규. Evaluating KFTC's Decisions on Horizontal Mergers: An Event Study. Journal of Regulation Studies, 15(2), 39-62.

최충규. Evaluating KFTC's Decisions on Horizontal Mergers: An Event Study. Journal of Regulation Studies. 2006; 15(2) 39-62.

최충규. Evaluating KFTC's Decisions on Horizontal Mergers: An Event Study. 2006; 15(2), 39-62.

최충규. "Evaluating KFTC's Decisions on Horizontal Mergers: An Event Study" Journal of Regulation Studies 15, no.2 (2006) : 39-62.