This paper contributes to the economics and econometrics literature on unilateral effects analysis. It introduces the Rotterdam demand system; considers the effect and importance of demand restrictions for minimizing the mean squared error of price simulations; demonstrates that approximate...

This chapter provides an overview of the economics of conglomerate mergers, with a focus on the potential for an increase in its product portfolio to lead to conduct that is anticompetitive. The economics of portfolio power indicates that a conglomerate merger that results in a firm...