Showing 1 - 10 of 1,525
accession of Theodore Roosevelt to the presidency. During McKinley's term in office the largest wave of merger activity in …
Persistent link: https://www.econbiz.de/10012908167
This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each area, we select the most relevant portions of...
Persistent link: https://www.econbiz.de/10012760415
This paper presents an empirical analysis of the relationship between patenting, innovation, and federal antitrust enforcement towards firms in the manufacturing sector. I examine whether the likelihood of antitrust litigation is influenced by patent histories and R&D expenditures, after...
Persistent link: https://www.econbiz.de/10013323461
U.S. v. Microsoft and the related state suit filed in 1998 appear finally to have concluded. In a unanimous en banc decision issued in late June 2004, the D.C. Circuit Court of Appeals rejected challenges to the remedies approved by the District Court in November 2002. The wave of follow-on...
Persistent link: https://www.econbiz.de/10014061553
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 …
Persistent link: https://www.econbiz.de/10013224417
, we present a method for measuring undisclosed merger activity that relies on financial accounting reporting requirements …
Persistent link: https://www.econbiz.de/10014353404
In this paper we review issues relating to antitrust and competition in health care markets. The paper begins with a brief review of antitrust legislation. We then discuss whether and how health care is different from other industries in ways that might affect the optimality of competition. The...
Persistent link: https://www.econbiz.de/10013224318
Open borders imply systems competition. This paper studies the implications of systems competition for the national competition rules. It is shown that an equilibrium where all countries retain their antitrust laws does not exist, since abolishing this law makes it possible for a single country...
Persistent link: https://www.econbiz.de/10013227744
Since the passage of the Interstate Commerce Act (1897) and the Sherman Act (1890), regulation and antitrust have operated as competing mechanisms to control competition. Regulation produced cross-subsidies and favors to special interests, but specified prices and rules of mandatory dealing....
Persistent link: https://www.econbiz.de/10012777652
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 …
Persistent link: https://www.econbiz.de/10012757872