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Appropriate Antitrust Policy Towards Single-Firm Conduct

Carlton, Dennis W.; Heyer, Ken - Antitrust Division, Department of Justice - 2008

competition policy to protect competitors rather than consumers) threaten seriously to impede economic growth and welfare over …, inconsistent with widely accepted presumptions in favor of inter-firm competition, and unwise, at least under the current state of … of ongoing research. It requires an empirical assessment of the gains from motivating more competition ex ante versus the …

Persistent link: https://www.econbiz.de/10008542260

Safe Harbors for Quantity Discounts and Bundling

Carlton, Dennis W.; Waldman, Michael - Antitrust Division, Department of Justice - 2008

The courts and analysts continue to struggle to articulate safe harbors for a wide variety of common business pricing practices in which either a single product is sold at a discount if purchased in bulk or in which multiple products are bundled together at prices different from the ones that...

Persistent link: https://www.econbiz.de/10008542277

The Economics of Railroad “Captive Shipper” Legislation

Pittman, Russell - Antitrust Division, Department of Justice - 2010

legislation and the likely impacts on competition and welfare. …

Persistent link: https://www.econbiz.de/10008551989

Analyzing Mergers Using Capacity Closures

Hill, Nicholas - Antitrust Division, Department of Justice - 2008

In this paper I describe a method for analyzing mergers in industries in which it is more cost effective to close capacity than to idle it. The method can be used to define markets, to assess the likelihood of competitive effects and to evaluate divestitures. I also discuss the method’s data...

Persistent link: https://www.econbiz.de/10008542285

Price Discrimination via Proprietary Aftermarkets.

Emch, E. - Antitrust Division, Department of Justice - 2000

monopoly foremarket and monopoly aftermarket. This paper explores what happens in the metering model as competition increases …

Persistent link: https://www.econbiz.de/10005661120

Competition or Collusion? Negotiating Discounts Off Posted Prices

Raskovich, Alexander - Antitrust Division, Department of Justice - 2006

Opportunities for buyers to negotiate discounts can blunt competition in the initial posting of prices. It is always an …

Persistent link: https://www.econbiz.de/10008542261

Simulating the Effects of Differentiated Products Mergers.

Werden, G.J. - Antitrust Division, Department of Justice - 1996

This essay is a status report on the development of a new approach to analysis of mergers. This approach replaces market-share- based presemptions with simulations of the effects of mergers within the context of tractable oligopoly models calibrated to the particular characteristics of the...

Persistent link: https://www.econbiz.de/10005625614

Calibrating the AIDS and Multinomial Logit Models with Observed Product Margins

Sheu, Gloria; Taragin, Charles - Antitrust Division, Department of Justice - 2012

We show how observed product margins may be used in lieu of an observed market elasticity to calibrate parameters for two commonly used demand forms: the Almost Ideal Demand System (AIDS) and the multinomial logit. This technique is useful for antitrust practitioners interested in simulating the...

Persistent link: https://www.econbiz.de/10010584448

Signaling, Learning and Screening Prior to Trial: Informational Implications of Preliminary Injunctions

Jeitschko, Thomas D.; Kim, Byung-Cheol - Antitrust Division, Department of Justice - 2011

The decision to request a preliminary injunction—a court order that bans a party from certain actions until their lawfulness are ascertained in a final court ruling at trial—is an important litigation instrument in many areas of the law including antitrust, copyright, patents, trademarks,...

Persistent link: https://www.econbiz.de/10008852775

Consumer Surplus as the Appropriate Standard for Antitrust Enforcement

Pittman, Russell - Antitrust Division, Department of Justice - 2007

In antitrust enforcement as in cost-benefit analysis, neoclassical economics may be interpreted as arguing for the use of a “total welfare” standard whose implementation treats transfers as welfare-neutral. Several recent papers call for antitrust agencies to move in the direction of this...

Persistent link: https://www.econbiz.de/10008542259