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This article reviews the increased receptivity of the courts and commentators to the admission and consideration of evidence of proposed unilateral fixes after an antitrust complaint has been filed under Section 7 of the Clayton Act, and analyzes whether there is a sound basis on...
Persistent link: https://www.econbiz.de/10014194014
exact amount of cost efficiency/inefficiency that will result from the merger. Nevertheless, the key element of the model is … always have incentives to merge, irrespective of cost uncertainty, while a merger without role redistribution is ex ante … merger between leaders always enhances welfare if participants have incentives to merge, such that private and collective …
Persistent link: https://www.econbiz.de/10010362519
when taking merger decisions. In practice, firms and competition authorities cannot know exact future efficiency gains …, prior to merger consummation. This paper analyzes horizontal mergers when the output decision-making process is sequential … of "Merger Approval", the paper emphasizes the timing of regulatory intervention and distinguishes two different merger …
Persistent link: https://www.econbiz.de/10010221710
consultants) anticipate the critical questions and potential paths that should be addressed regarding antitrust merger risk. This …Estimating antitrust risk is fundamental to identifying, proposing, and pricing deals. A more informed understanding of … affected merger review, investments, decision making, and counsel. The surveys also offer antitrust agencies an opportunity to …
Persistent link: https://www.econbiz.de/10014235831
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stockholder litigation, and some thoughts on the future of merger litigation …
Persistent link: https://www.econbiz.de/10013027735
Private antitrust litigation often involves a dominant firm being accused of exclusionary conduct by a smaller rival. In such cases, the defendant generally has a much larger financial stake in the outcome. We explore the implications of this asymmetry in a model of litigation with endogenous...
Persistent link: https://www.econbiz.de/10012838366