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The prohibition of certain types of anticompetitive unilateral conduct by firms possessing a substantial degree of market power is a cornerstone of competition law regimes worldwide. Yet notwithstanding the social costs of monopoly modern legal regimes refrain from prohibiting it outright....
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throughout the U.S., and make recommendations concerning the FERC's NOI on merger criteria and policy. M&A can be a result of … development of "workable competition." Recommendations include calculation of a merger specific benefit-cost test, careful … should note and evaluate the following point when revising its merger policy: Deregulation should be supplemented by strict …
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are robust to a range of approaches to address the endogeneity of firms' merger decisions …
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are robust to a range of approaches to address the endogeneity of firms' merger decisions …
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are robust to a range of approaches to address the endogeneity of firms' merger decisions …
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