Ashenfelter, Orley; Hosken, Daniel - In: Journal of Law and Economics 53 (2010) 3, pp. 417-417
In this paper we propose a method to evaluate the effectiveness of U.S. horizontal merger policy and apply it to the study of five recently consummated consumer products mergers. We select the mergers from those that, from the public record, seem most likely to be problematic. Thus, we estimate...