The institutional design of federal merger review in the United States leads to systematic underenforcement of merger … law. This is so even though substantive merger law is relatively well settled, most mergers are not anticompetitive, and … that raise significant competitive issues, and where the analysis of the merger's likely consequences turns on highly fact …

We consider merger remedies of the U.S. Department of Justice's Antitrust Division and the U.S. Federal Trade …

procedures for merger control. We describe the main constituencies (both internal and external) involved in merger control in … both jurisdictions and discuss how a typical merger case would be handled under these procedures. At each stage, we … informal, the balance in the investigation and evaluation of the merger being provided by the credible threat of a court …

why the merger would have been anticompetitive. We analyze how the merger would have led to adverse unilateral …, coordinated and exclusionary effects. AT&T and T-Mobile contended that their proposed merger would not adversely affect … replace any competition that was lost as a result of the merger, and because the efficiencies from the merger would be so …

media content, including the AT&T-Time Warner and the Disney-Fox mergers. Using a theory-driven approach, we examine …, we address three research questions: (i) Is the current development of analyzing industry with its recent merger activity … merger control in this industry, as well as a more active abuse control against already vertically-integrated media companies. …

recently revised DOJ/FTC Horizontal Merger Guidelines contain such a change, as the document recognizes the importance of … that could support a very significant increase in the level of merger enforcement. However, we also show how this … DOJ’s expert economist to testify to a narrow market that virtually guaranteed that the merger would be found …

introduce in their 2010 Horizontal Merger Guidelines the theory of parallel accommodating conduct, which relies on individual …Threat of punishment is considered a deterrent force, which ensures the sustainability of post-merger tacit …, and produce the competitive output thereafter. More complex game theory insights indicate that collusion mechanisms can …

A merger between two innovation competitors is often suspected to reduce the variety of heterogeneous entities which … to light whether firms can indeed be expected to create or maintain "diversity" post-merger. By focusing on the strategic …