of oligopoly concerns resulting from mergers. In this paper, we provide a critique of Bork's views on merger policy from … The Antitrust Paradox. Many of Bork's recommendations have been implemented over time and have improved merger analysis …. Bork's proposed horizontal merger policy, however, was too permissive. In particular, the empirical record shows that …

appliance markets most affected by the merger to markets where concentration changed much less or not at all. We estimate price …

is data on the relevant market pre and post merger. The second is data on the specific predictions of the government … agencies about the market post-merger. A key point of this article is to stress how weak an analysis of only the first type of … post merger are surprisingly poor guides for analyzing merger policy. It is only when the second type of data is combined …

The challenge of effective merger enforcement is tremendous. U.S. antitrust agencies must, by statute, quickly forecast … estimating the price effects of mergers. We also describe how evidence from merger retrospectives can be used to evaluate the …

Merger efficiencies provide the primary justification for why mergers of competitors may benefit consumers … merger of Miller and Coors breweries was expected to increase concentration and reduce costs. All else equal, the average …