Nonmarket strategy for merger reviews

J.A. Clougherty

Research output: Contribution to journalArticleProfessional


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.
Original languageEnglish
Pages (from-to)115
Number of pages29
JournalBusiness & Society
Issue number1
Publication statusPublished - 2003


  • Acquisitions & mergers
  • Antitrust
  • Competition
  • Strategic management
  • Studies


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