The use of the coordinated effects index (CEI) as a screening tool in premerger analysis

dc.contributor.authorDe Villiers, D.
dc.contributor.supervisorMncube, Liberty
dc.date.accessioned2024-06-20T13:26:04Z
dc.date.available2024-06-20T13:26:04Z
dc.date.issued2023
dc.descriptionA Research Report submitted in partial fulfilment of the Degree of Master of Commerce (Economic Science) in the School of Economics and Finance, University of the Witwatersrand, 2023
dc.description.abstractWe test the use of the Coordinated effects Index (CEI) proposed by Loertscher & Marx (2021) as a screening tool for merger analysis where coordinated effects are the main concern. We applied the metric to a recent merger in the soya meal market in South Africa. Testing the results against the decision of the Competition Tribunal of South Africa, returned a Negative-Negative result, meaning that the CEI metric indicated no risk of coordinated effects relating to the merger which is in line with the final decision of the Tribunal. This provides a foundation for the use of the CEI as a tool in the competition authority’s methodological toolkit
dc.description.submitterMM2024
dc.facultyFaculty of Commerce, Law and Management
dc.identifier.citationDe Villiers, D.. (2023). The use of the coordinated effects index (CEI) as a screening tool in premerger analysis [Master’s dissertation, University of the Witwatersrand, Johannesburg]. WireDSpace. https://hdl.handle.net/10539/38712
dc.identifier.urihttps://hdl.handle.net/10539/38712
dc.language.isoen
dc.publisherUniversity of the Witwatersrand, Johannesburg
dc.rights© 2023 University of the Witwatersrand, Johannesburg. All rights reserved. The copyright in this work vests in the University of the Witwatersrand, Johannesburg. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of University of the Witwatersrand, Johannesburg.
dc.rights.holderUniversity of the Witwatersrand, Johannesburg
dc.schoolSchool of Economics and Finance
dc.subjectCoordinated effects Index (CEI)
dc.subjectScreening Tool
dc.subjectPremerger Analysis
dc.subjectFirms
dc.subjectUCTD
dc.subject.otherSDG-8: Decent work and economic growth
dc.titleThe use of the coordinated effects index (CEI) as a screening tool in premerger analysis
dc.typeDissertation

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