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to the merger. We show that a PPO reduces the minimal synergy level necessary to make a merger beneficial for consumers …. It follows that an antitrust authority ignoring existing PPOs when evaluating merger proposals (which reflects the … current EU merger control regime) invites sneaky takeovers: Acquiring firms strategically use PPOs prior to a full merger …
Persistent link: https://www.econbiz.de/10009788178
be considered by competition authorities in considering whether to allow a merger. Unlike reductions in costs that merged … weigh these benefits against increased prices and other costs the merger may create. A review of European Union merger cases …
Persistent link: https://www.econbiz.de/10014085180
be considered by competition authorities in considering whether to allow a merger. Unlike reductions in costs that merged … weigh these benefits against increased prices and other costs the merger may create. A review of European Union merger cases …
Persistent link: https://www.econbiz.de/10014087668
theoretical analysis of the merger's price effect based on the amount of cost savings it generates, the behavior of outsider … platforms, and the size of cross-group network effects. We point out differences as compared with the standard, one-sided merger … analysis, and also discuss the merger control policy implications …
Persistent link: https://www.econbiz.de/10013046101
that would prevent a merger from harming consumers for 1,014 mergers affecting 12,325 antitrust markets scrutinized by the … concerns about the Commission's merger enforcement being too lax. …
Persistent link: https://www.econbiz.de/10012659077
that would prevent a merger from harming consumers for 1,014 mergers affecting 12,325 antitrust markets scrutinized by the … concerns about the Commission’s merger enforcement being too lax. …
Persistent link: https://www.econbiz.de/10012668490
the Federal Trade Commission (“FTC”) in connection with their Request for Information on Merger Enforcement (“Merger RFI …”). The GAI welcomes the opportunity to provide input on the proposed changes to the Horizontal Merger Guidelines (“HMGs … Section 14 of the Merger RFI, in which the Agencies pose two questions that go to the heart of the treatment of efficiencies …
Persistent link: https://www.econbiz.de/10013291866
interpretation. This article provides an overview of some of the significant developments in the 2010 U.S. Horizontal Merger … delves into discussions of Turkish competition law matters, as an example of emerging merger regime models, with respect to …
Persistent link: https://www.econbiz.de/10012923690
examined in location models. In a two-to-one merger, the merger reduces consumer surplus more when firms can price discriminate … based on individual preferences compared to when they cannot. However, the opposite holds true in a three-to-two merger, in …. Further, the three-to-two merger requires an even lesser marginal cost reduction to justify when an upstream data provider can …
Persistent link: https://www.econbiz.de/10012999576