Miller (2014, 2017) proposes an approach to the analysis of merger effects in markets involving procurement where one … number of actual merger cases, eliminating one of the two product lines will not be more profitable than retaining both … product lines from the merger, and therefore, applying this approach will likely overstate the anti-competitive effects of …

discrimination. Finally, we evaluate the effect of hypothetical mergers on input markets and farm surplus. A merger between nearby …, a merger between distant buyers has little effect on competition and markdowns. …