guidelines reflect a substantial consensus on the appropriate template for merger assessment. Nevertheless, official protocols …

scrutinized by the European Commission between 1995 and 2014. We show that concentration, as measured by the market-specific post-merger … dimension analyzed. Strict past merger enforcement negatively correlates with concentration. Yet, this effect is stronger in the …

scrutinized by the European Commission between 1995 and 2014. We show that concentration, as measured by the market-specific post-merger … dimension analyzed. Strict past merger enforcement negatively correlates with concentration. Yet, this effect is stronger in the …

We study optimal merger policy in a dynamic model in which the presence of scale economies implies that firms can … the period the merger is proposed. We also find that the abil- ity to commit can lead to a significant welfare improvement …

is an important enhancement of substantive merger appraisal, it should not be considered sufficient in itself for the … finding of a significant impediment to effective competition in terms of Article 2 of the EU Merger Regulation (EUMR). Rather … of any theory of harm …

We describe a simple initial indicator of whether a proposed merger between rivals in a differentiated product industry … from the merger, based on the price/cost margins of the merging firms' products and the extent of direct substitution …

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 …

the Federal Trade Commission (“FTC”) in connection with their Request for Information on Merger Enforcement (“Merger RFI … important goal of both antitrust law and merger policy.Based on the existing evidence, an empirically supported basis for the … use of differential analyses for labor or for presumptions in labor markets does not clearly exist at this time. Merger …