American merger control law today is governed primarily by regulators and not courts, focusing on consumer welfare and efficiency. This was not always the case though, and the author traces the development of this area of law from its nascent beginnings with the Sherman Act to the era of private...

Developed economies have historically been a model for emerging market economies, particularly in the development and enforcement of competition laws. Modifications to competition law rules in developed economies, however, may not always be practical for emerging market economies to adopt....

Intro -- Contents -- Contributors -- Introduction -- 1 Economic Evidence in Antitrust: Defining Markets and Measuring Market Power -- 2 Unilateral Competitive Effects of Horizontal Mergers -- 3 The Coordinated Effects of Mergers -- 4 Competitive Effects of Vertical Integration -- 5 Analysis of...

One of the most controversial aspects in the recently adopted U.S. horizontal merger guidelines has been the “downgrading” of market definition and market shares in the analysis of differentiated products mergers. Observers have argued that the guidelines not only create too much agency...