Work

Understanding merger control remedies in China

Year: 2025

Type: article

Abstract: We identified 8 merger cases with remedies in China for a period from the time when the Anti-monopoly Law was enacted in 2008-2018, and about 150 other merger cases corresponding to these 8 cases in their respective industries but approved without remedies. We then use the latter data to construct a counterfactual for the former to compare the factually observed level of competition after the merger decision with that derived from the counterfactual, based on a method called the synthetic control method (SCM). The exercise allows us to assess the remedies' effectiveness. We find that overall the remedies are effective, but the structural remedies' effect tends to be more abrupt and pronounced than behavioral remedies.

Source: PLoS ONE

DOI: 10.1371/journal.pone.0336795

Authors: Shengyan Hu, Jiong Gong

Institutions: Huangshan University, University of International Business and Economics

Language: English

Topic: Merger and Competition Analysis

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Peace, justice, and strong institutions

Open Access status: gold

Estimated APC paid: $2,382