Friday, October 19, 2012
Posted by D. Daniel Sokol
Esteban M. Greco, Diego Petrecolla, Carlos A. Romero and Exequiel Romero Gomez have posted El control de Fusiones y Adquisiciones en Argentina (1999-2011): Indicadores de desempeno.
ABSTRACT: This paper presents a statistical analysis of the mergers and acquisitions (M&A) evaluated by the Argentinean competition authority, from 1999 to 2011. In particular, we analyze the evolution of the quantity of cases using different classifications and cross checks in accordance with the nature of the operations (horizontal, vertical, conglomerate), the result of the evaluation (authorization, its denial or conditioning), the economic sector affected and the duration of the procedures. The latter shows a significantly growing tendency since 2006. The analysis developed allows us to obtain quantitative indicators of the merger control and produces results and conclusions useful, both from the perspective of firms planning operations in Argentina and for the performance evaluation and design of public policies.